Niagara Falls wants more casinos
The city of Niagara Falls is rolling out the welcome mat for the world's gaming sector, unanimously passing a council resolution asking Ontario Premier Kathleen Wynne and Finance Minister Charles Sousa to allow new gaming sites in the city and to modernize the two current casinos under the OLG's modernization program.
In a statement released by the city, Niagara Fall mayor Jim Diodati says, "Niagara Falls is the premier gaming destination in Canada and a global brand that attracts millions of international tourists,"
"It is the logical place in Ontario to expand the gaming sector and attract more tourism, jobs, investment and spending."
The resolution makes it clear that the city wants the Fallsview Casino and Casino Niagara to be modernized otherwise the city risks "losing revenue to other operations in the province and in New York State", citing the competitiveness of the industry.
In March of last year, the OLG outlined a proposal to modernize lottery and gaming in Ontario, focusing on improving customer focus, securing qualified service providers for the day-to-day operation of lottery and gaming, and renewing OLG's role in the management and oversight of lottery and gaming.
However, neither Fallsview Casino nor Casino Niagara were included in the proposal.
City council unanimously approved the resolution last week. It states, "Niagara Falls City Council believes the best way to ensure Niagara's two casinos retain their role as significant local/regional employers and restore their traditional role as generators of provincial revenue and tourism attractors is through the introduction of product diversification, new investment, such as a new 7000 seat theatre, and distinct and relevant branding differentiating Niagara's two resort casinos."
The council went further, sending a message to Premier Wynne says Niagara should be the province's premier resort casino destination.
Diodati says the resolution sends a clear message, that Niagara Falls is open for business and willing to expand and strengthen its casino industry.
Niagara Falls receives a considerable amount of money hosting the two casions. Under a new OLG funding formula, the city stands to make an additional $20-million in revenue annually.