Oneida Indian Nation Homelands (February 17, 2026) — The Oneida Indian Nation today announced a record-breaking economic impact for 2025 with investments in capital projects, employees and supply chain exceeding $855 million. These major investments grew by more than $150 million over 2024 and include more than $542 million for capital spending and vendor payments across the Nation’s enterprises (with over $377 million invested with New York State vendors) and over $305 million in payroll, 401(k) retirement savings and healthcare benefits for its workforce.
Year-over-year, the Nation increased its capital expenditures by a massive 73 percent, grew spending with New York State vendors by 43 percent and raised overall vendor spending by approximately 30%. Overall, the Oneida Indian Nation generates a more than $1 billion economic impact annually in Upstate New York.
2025 by the Numbers
During the last year, the Oneida Indian Nation’s increase in investments included:
- Increased to $305,820,548 million in wages, healthcare and retirement savings benefits to more than 5,200 team members (employees).
- Increased capital project spending by 73% ($224,621,942 total)
- Increased spending with New York State vendors by 43% ($377,175,186 total)
- Increased total spending with all vendors by nearly 30% ($542,068,817 total)
Investing In New York State and Local Businesses
As part of its spending with New York State vendors, the Nation also expanded investments with vendors across the tri-county area, which grew by 78 percent over 2024 to $286,511,726 in 2025, largely in part to the Turning Stone Evolution, the largest expansion in the history of Turning Stone Resort Casino. Last year, the Nation invested with 1,319 New York State vendors, including 785 vendors across the tri-county region.
In November, the Nation celebrated the grand opening of the newly expanded Point Place Casino Hotel, a transformative $50 million investment that added a new hotel to the property, a farm-to-fork restaurant The Forest Grill, Birch Trading Co., and a group event space. That opening came on the heels of the announcement in October that the Turning Stone Evolution will welcome guests ahead of schedule as The Crescent Hotel and Salt Seafood & Raw Bar make their debut this summer on June 29. The Grand Expo will open shortly after on Labor Day. The Turning Stone Evolution was initially anticipated to open in 2027.
“We made historic investments in our properties, our workforce and our region’s businesses in 2025, and today we are well-positioned to make history again in 2026 as we lay the ground work for all that is to come,” said Ray Halbritter, Oneida Indian Nation Representative and Turning Stone Enterprises CEO. “With major investments in our team members, new and ongoing capital projects and partners in the community, we anticipate even greater levels of investment to come.”
Investments throughout Turning Stone Enterprises, the parent organization for all of the Oneida Indian Nation’s business operations, included the opening of a new Verona Collective dispensary in September. The new 3,800-square-foot Bridgeport location is the first to offer a drive-thru window for guest convenience.
For photos of the Oneida Indian Nation’s capital projects including the Turning Stone Evolution, click here.