Oneida Nation Enterprises

What Oneida Nation Enterprises does

Turning Stone Enterprises, formerly Oneida Nation Enterprises, is a diversified portfolio of gaming, hospitality, entertainment, retail, technology, and professional service brands wholly owned and operated by the Oneida Indian Nation, a federally recognized Native American tribe. The company is headquartered in Verona, New York, anchored by its flagship Turning Stone Resort Casino, which the company identifies as the fifth largest tourist attraction in New York State and the state's most awarded resort. The company employs 4,500 team members and supports more than 7,000 jobs regionally, with Oxford Economics reporting over $1 billion in regional economic impact in 2022.

The portfolio spans 25+ properties across Central New York, including the Turning Stone Resort Casino campus with four hotels (most recently The Crescent, a 258-room luxury hotel), The Cove at Sylvan Beach, employer-sponsored housing at The Villages at Stoney Creek, Verona Collective's 50,000 square-foot cannabis facility, Wáhta' Maple Farm, and the Oneida Indian Nation Community Center. Revenue is generated through transaction-based gaming operations, hospitality and hotel accommodations, food and beverage (including the Salt fine-dining restaurant co-developed with restaurateur Elizabeth Blau), retail, professional services, and cannabis sales. The company operates a direct-to-consumer, destination-based business model with no third-party distribution intermediaries, marketing through its corporate website, careers portal, and economic development outreach.

The company is currently executing a $370 million Turning Stone Evolution expansion at the flagship property, supplemented by a $400 million+ capital program that includes The Crescent and Salt launches, projecting $616 million in one-time economic impact, 3,600 one-time construction jobs, and $22.1 million in state and local tax revenues. As a tribal government-owned entity, the company is privately held, not venture-backed, and not listed on any public exchange. No specific proprietary technology stack or AI/ML capabilities are disclosed in the available data, and revenue figures are not publicly reported.

Name

Oneida Nation Enterprises

Legal name

Turning Stone Enterprises

Website

https://onenterprises.com

Company type

Private

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Turning Stone Enterprises is a tribal-owned diversified portfolio of gaming, hospitality, entertainment, retail, and cannabis brands anchored by the Turning Stone Resort Casino in Verona, New York, serving local and out-of-town visitors across 25+ properties.

Ownership category

akta.pro rank

Product category

Resort and Casino Hospitality

NAICS

Casino Hotels (721120)

SIC

Hotels & Motels (7011)

akta.pro industry

PRIMARYTHAGAJAA

Integrated Casino Resorts

Travel & Hospitality/Lodging & Accommodation/Casino Hotels

SECONDARYMPAEAAAC

Destination/Regional Casinos (Drive-to Markets)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Casino Operations (Land-Based)

SECONDARYTHAGACAJ

Luxury Casino Resorts

Travel & Hospitality/Lodging & Accommodation/Luxury Hotels & Resorts

Keywords

• Resort casino gaming
• Hospitality hotel services
• Gaming entertainment venues
• Cannabis retail operations
• Tribal economic development

Headquarters

HQ city

Verona

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Gaming Operations: Casino and gaming operations at Turning Stone Resort Casino, the fifth largest tourist attraction in New York State
2. Hospitality and Hotels: Multiple hotel properties including The Crescent (258-room luxury hotel), providing lodging and accommodation services
3. Food and Beverage: Fine dining and restaurant operations including Salt seafood restaurant, casual dining, and grab-and-go café services
4. Retail: Retail store operations featuring Oneida Indian Nation products and general merchandise at resort properties
5. Professional Services: Professional service brands including technology and professional service offerings across the portfolio
6. Cannabis Operations: Verona Collective's 50,000 square-foot cannabis facility operating within state regulations

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Turning Stone Enterprises operates a diversified portfolio of gaming, hospitality, entertainment, retail, and professional service brands through more than 25 properties in Upstate New York. The flagship is Turning Stone Resort Casino, the fifth largest tourist attraction in New York State, featuring hotels, restaurants, gaming, retail, and entertainment venues. The company also operates The Crescent luxury hotel, Salt fine-dining restaurant, The Cove at Sylvan Beach, Verona Collective cannabis facility, Wáhta' Maple Farm, and employer-sponsored housing.

Product overview

Turning Stone Enterprises (formerly Oneida Nation Enterprises) operates a diversified portfolio of gaming, hospitality, entertainment, retail, technology, and professional service brands owned by the Oneida Indian Nation. The flagship property is Turning Stone Resort Casino, the fifth largest tourist attraction in New York and the state's most awarded resort. The portfolio includes hospitality properties (The Crescent luxury hotel, The Cove at Sylvan Beach), employer-sponsored housing (The Villages at Stoney Creek), cannabis operations (Verona Collective's 50,000 sq ft facility), agricultural operations (Wáhta' Maple Farm), community facilities, and economic development services. The organization is currently undergoing a $370 million Turning Stone Evolution expansion project.

Differentiator

Problem solved

Functional benefit

Brands

• Turning Stone Resort Casino: Flagship resort and casino property, the fifth largest tourist attraction in New York and the state's most awarded resort.
• The Crescent
• Salt

Products and services

• Turning Stone Resort Casino Flagship 250+ room resort casino offering gaming, hospitality, lodging, dining, entertainment, and retail services to local and out-of-town guests in Verona, NY.
• The Crescent 258-room luxury hotel at Turning Stone Resort Casino featuring a grab-and-go café, retail store with Oneida Indian Nation products, and on-site medical center operated by Rome Health.
• Salt Restaurant Seafood-focused fine-dining restaurant on the seventh floor of The Crescent hotel, offering views of the Mohawk Valley and operated in partnership with restaurateur Elizabeth Blau.
• The Cove at Sylvan Beach Beachfront hospitality property offering recreational and lodging experiences at Sylvan Beach, NY.
• Verona Collective Cannabis retail and production operation spanning 50,000 square feet, serving adult-use consumers within New York State regulatory framework.
• Wáhta' Maple Farm Maple farm operation producing maple products as part of the diversified agricultural and retail portfolio.
• The Villages at Stoney Creek Employer-sponsored housing community providing residential options for Turning Stone Enterprises team members.

Quantifiable outcome

• Over $1 billion economic impact generated within the region in 2022 alone
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Elizabeth BlaucoreStrategic or Co-development Partner · 21 July 2026Restaurateur Elizabeth Blau partnered with Turning Stone to develop Salt, a seafood-focused fine dining restaurant on the seventh floor of The Crescent hotel, offering views of the Mohawk Valley. This represents a co-development partnership for a signature dining destination.
• Rome HealthminorOthers · 21 July 2026Rome Health operates an on-site medical center at The Crescent hotel, providing healthcare services to hotel guests and resort visitors.
• Oxford EconomicsminorOthers · 1 January 2022Oxford Economics, one of the world's foremost independent global advisory firms, conducted an economic impact analysis reporting that Turning Stone Enterprises generated more than $1 billion economic impact within the region in 2022 and supported more than 7,000 jobs.

Scale indicators10 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• MGM Resorts International: A major publicly traded casino and hospitality operator with destination resorts and regional properties, comparable as a broad incumbent in the integrated casino resort space, though with global scale far beyond Turning Stone.
• Penn Entertainment: A diversified gaming and racing operator with regional casino properties across the US, comparable as a broad incumbent in regional casino operations, though without tribal ownership.
• Caesars Entertainment: One of the largest US casino and hospitality operators with regional and destination integrated resorts, comparable as a broad incumbent offering gaming, lodging, and entertainment at scale.

Emerging players

• The Cordish Companies (Live! Casino): A developer and operator of integrated casino, hotel, and entertainment destinations in regional US markets, comparable as a developer of integrated gaming and resort properties similar in scope to Turning Stone's Evolution project.

Direct peers

• Seneca Gaming Corporation: The gaming and hospitality arm of the Seneca Nation of Indians operating multiple casino resorts in Western New York, comparable as another tribal-owned integrated casino operator competing in the same NY market.
• Resorts World Catskills: An integrated casino resort located in the Catskills region of New York, directly competing with Turning Stone for Upstate NY gaming and leisure visitors with similar hotel, gaming, and entertainment offerings.
• Mohegan Sun: A tribal-owned integrated casino resort in Connecticut operated by the Mohegan Tribe featuring gaming, hotels, dining, and entertainment — comparable as a Native American-owned regional integrated resort.
• del Lago Resort & Casino: A regional casino resort in the Finger Lakes region of New York offering gaming, hotel, dining, and entertainment, directly competing with Turning Stone for Upstate NY gaming customers.
• Foxwoods Resort Casino: A tribal-owned integrated casino resort in Connecticut operated by the Mashantucket Pequot Tribal Nation, comparable as a Native American-owned multi-property gaming and hospitality destination.
• Wind Creek Hospitality: Gaming and hospitality enterprise of the Poarch Band of Creek Indians operating integrated casino resorts across multiple states, comparable as a tribal-owned diversified gaming portfolio operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/turning-stone-enterprises

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oneida Nation Enterprises