Oneida Indian Nation Increased Regional Vendor Spending by 34% in 2022, Marking a Historic Year of Regional Reinvestment in Central New York
The Oneida Indian Nation made record-breaking investments in Central New York during 2022 with historic vendor spending. This level of reinvestment is predicted to continue throughout 2023 as the Nation looks ahead to the largest evolution of Turning Stone Resort Casino in two decades, the construction of its new community center and the full launch of its seed-to-sale cannabis operation.
Oneida Indian Nation Homelands (January 23, 2023) – The Oneida Indian Nation announced today that in 2022, its operations increased the total investment in New York State vendors by more than $64 million. In 2022, the Oneida Indian Nation spent more than $254 million with over 1,300 different New York State vendors – a 34% increase in vendor spending from 2021. During 2022, expansion and diversification of the Nation’s enterprises resulted in unprecedented levels of reinvestment within Central New York and substantial growth among its workforce. In addition to vendor and capital project spending, the Oneida Indian Nation contributed more than $85 million in payments under the 2013 settlement agreement to New York State and surrounding counties.
Oneida Indian Nation vendor spending increases included:
- 34% increase in spending with New York State vendors ($254 million total)
- 71% increase in vendor spending across the three-county region, including:
- 22% increase in Oneida County ($14,676,817 total)
- 155% increase in Madison County ($7,649,842 total)
- 79% increase in Onondaga County ($91,736,772 total)
- 211% increase in capital project spending ($81,792,635 total)
The Nation continued to expand partnerships with state and local vendors during 2022:
- 1,371 vendors across New York State
- 306 vendors in Oneida County
- 167 vendors in Madison County
- 402 vendors in Onondaga County.
These increases in spending reflect the Nation’s continued commitment to investment in Central New York. During 2022, the Nation’s enterprises grew with the opening of The Cove at Sylvan Beach, a new vacation rental destination on Oneida Lake, and the introduction of 7 Kitchens, Turning Stone’s new market-style buffet and largest restaurant. Last year also saw the introduction of The Villages at Stoney Creek, one of the first employer-sponsored housing developments offering one- to three-bedroom apartments for Oneida Nation Enterprises employees with below-market rent and free transportation to Turning Stone.
“As we begin our 30th year at Turning Stone, we know that reinvestment in our people and our community has been the key to our success,” said Ray Halbritter, Oneida Indian Nation Representative and Oneida Nation Enterprises CEO. “The growth of our enterprises provides the opportunity to increase our economic footprint and partnerships throughout the region, and these increased investments are a testament to this fact.”
“The Oneida Indian Nation has long been an important partner to Oneida County,” said Anthony J. Picente, Jr., Oneida County Executive. “This latest economic impact data underscores the importance of that partnership, as the creation of new businesses and the diversification of the Nation’s enterprises support businesses and vendors here in Oneida County and across the region. We know that the Nation will continue to build on this success in the coming year and look forward to identifying new ways to continue this valued partnership.”
“We know that the Oneida Indian Nation’s capital investments and local vendor spending have played an important role in Madison County’s growth and success,” said John Becker, Madison County Board of Supervisors Chairman. “Its constant reinvestment in our community has resulted in new jobs, more local spending and a direct positive impact on our own economic development.”
With the largest evolution of Turning Stone Resort Casino in two decades, construction of a new community center and the full launch of its seed-to-sale cannabis operation on the horizon in 2023, the Oneida Indian Nation is poised to continue this level of success and regional reinvestment in the coming year. The Nation understands the importance of continued growth and investment at the highest levels, as it shares a symbiotic relationship with businesses, governments and other partners across the region that requires committed collaboration to ensure mutual success.
About the Oneida Indian Nation
The Oneida Indian Nation is a federally recognized Indian nation in Central New York. A founding member of the Haudenosaunee Confederacy (also known as the Six Nations or Iroquois Confederacy), the Oneida Indian Nation sided with the Americans in the Revolutionary War and was thanked by Congress and President George Washington for its loyalty and assistance. Today, the Oneida Indian Nation consists of about 1,000 enrolled Members, most of them living in Central New York. The Nation’s enterprises, which employ more than 4,500 people, include Turning Stone Resort Casino, YBR Casino & Sports Book, Point Place Casino, The Lake House at Sylvan Beach, The Cove at Sylvan Beach, Maple Leaf Markets, SāvOn Convenience stores, Salmon Acres, a hunting preserve, an RV Park and two marinas. Proceeds from these enterprises are used to rebuild the Oneida Indian Nation’s economic base and provide essential services, including housing, health care, and education incentives and programs, to its Members. For more information, visit OneidaIndianNation.com.