The Oneida Indian Nation is partnering with Caesars Entertainment to be ready to offer betting on sports at its gaming venues, including Turning Stone Resort Casino in Vernon, when regulations come out from New York state.
Turning Stone sports brooks will be introduced as “The Lounge with Caesars Sports,” the Oneida Indian Nation said in an announcement on Jan. 2.
Sports books will also be available for gamblers at the nation’s Yellow Brick Road Casino and Point Place Casino.
Gamblers at the OIN venues will be able to exchange and redeem their TS Rewards loyalty points, as well as have their player tier levels matched, for points at all Caesars properties, with the same exchange available for Caesars players at Oneida Indian Nation properties.
Caesars will also sponsor special player promotions and events at its new partner venues, the OIN said.
“Like Oneida Nation Enterprises, Caesars has built its business on exceptional service, as well as a dedication to constant innovation. These shared values create the perfect synergy for a meaningful long-term partnership,” Oneida Indian Nation Representative and Nation Enterprises CEO Ray Halbritter said in a statement.
The sports books, however, are contingent on the New York Gaming Commission promulgating regulations on them, the announcement added.
The partnership prepares both organizations to offer gaming following a ruling last year by the U.S. Supreme Court that struck down bans on gambling on sports. Under New York law, Native American casinos may offer forms of gambling offered at commercial casinos, however, legal sports betting in the state requires rules to be set on it.
The Oneida Nation consists of about 1,000 enrolled members, most of them living in Central New York, according to the nation.
Its enterprises employ more than 4,750 people at Turning Stone Resort Casino, Yellow Brick Road Casino, Point Place Casino, Maple Leaf Markets, SāvOn Convenience stores, RV Park, three marinas and Tin Woodman’s Flask, a wine and spirits superstore. Proceeds provide services, including housing, health care, and education incentives and programs, to its members.
Under the settlement agreement ratified in 2014 between State of New York, Oneida County, Madison County and the Oneida Indian Nation, Oneida County receives a percentage of gaming revenue.
Oneida County budgeted a total of about $19 million in gaming revenue for 2019. A portion of that — about $1.02 million — has been shared with affected municipalities and school districts since then, but this past fall, the county legislature voted to defund the relevant accounts after municipalities that had held out ended litigation and asked to be in on the agreement. County Executive Anthony Picente said negotiations would ensue on a new revenue sharing plan.