From Niagara This Week:
Word that the Ontario Lottery and Gaming Corporation (OLGC) is only planning to extend its lease agreement for Casino Niagara for two years is adding to speculation that the days may be numbered for the original gambling facility in the Falls.
Fearing 2,500 jobs and hundreds of millions of dollars in new development could be a risk, Niagara Falls Mayor Ted Salci is calling on the province to show its confidence in the city as a major tourist destination by arranging a lease of at least 10 years with Canadian Niagara Hotels, the landlord that owns the property the casino is on.