From the Niagara Falls Review:
Mayor Ted Salci should be in a New York State of mind once he finds out how much more generous the Empire State is to Niagara Falls, N.Y., than Ontario is to this city. The American city gets about six times as much cash for hosting its casino as its Ontario neighbour does – for hosting two.
The Niagara Gazette reported last week that Niagara Falls, N.Y. is to receive US$23.5 million as the city’s share of Seneca Niagara Casino revenue since 2006. That’s $14.4 million for 2006 and $9.1 million for the first half of 2007…
One headline talked about “paving the streets with casino gold.”
The American city has a US$81.4 million budget for 2007. That’s very close to the C$82.1 million Niagara Falls, Ont. planned to spend this year.
Here in Niagara Falls, Ont., the Ontario Lottery and Gaming corporation gives this city $2.6 million a year for hosting both Casino Niagara and the Niagara Fallsview Casino Resort. That amount will go up to $3 million for the first time in 2008.