Tag: casino niagara

    Niagara Falls Casinos Prepare for Thousands of Dollars Invested over the Next Years

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    From CasinoReports.ca:

    Mohegan Gaming & Entertainment officially took control over the management of Fallsview Casino Resort and Casino Niagara, the two gaming hotspots in Niagara Falls, Ontario. This week was a special one as it saw the closing of the deal that would guarantee the future operation of the two gambling venues, as well as the Niagara Falls Entertainment Center over the span of the next 21 years.

    The local gambling field is in for exciting development, as the US-based tribal casino operator is making its first steps in the Canadian market. This is not the first branching out for Mohegan Gaming and Entertainment, as the operator is working on its US$5 billion resort at Incheon International Airport in South Korea. The Inspire project is going to be the largest entertainment area on a national level with its very own air terminal welcoming guests.

    The Niagara Falls: Enjoying the Attractions and the Poker

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    from The Niagara Reporter:

    Niagara Falls is a tourist hotspot — there’s no denying it — and why wouldn’t it be? The falls are absolutely staggering in their beauty, despite some of the past controversy around them. People continue to flock to them and get the most out of the experience, whether that’s a cruise tour up to the foot of the Horseshoe Falls or viewing the Falls from a helicopter.

    Even so, there’s a whole lot more to see and do in Niagara than just come for the views. That could be a walk along Clifton Hill, where you’ll find the Movieland Wax Museum and the Nightmares Fear Factory haunted house; a venture out further afield on a day trip to the beautiful wine region of Twenty Valley; or a day on the soft sands of one of Lake Eerie’s several fine beaches in Niagara’s South Coast.

    However you choose to spend your days in Niagara, be it at the Falls themselves or exploring the region’s other attractions, you can wind down and enjoy a little excitement at the same time with a visit to the Casino Niagara.

    MGE Makes Historic Move in Niagara

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    From Niagara At Large:

    Mohegan Gaming & Entertainment, as MGE is officially known, is about to assume control of Casino Niagara, Fallsview Casino Resort and the soon-to-open Niagara Falls Entertainment Centre. The deal will officially be closed on Tuesday 11 June 2019 and will be in place for the next 21 years.

    Niagara Falls’ OLG funding surpasses $100-million mark

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    From Niagara This Week:

    The City of Niagara Falls received close to $7 million in the second quarter from the Ontario Lottery and Gaming Corporation.

    In total, $6.81 million was paid out to the City by the provincial gaming agency. The payments are part of a hosting agreement the City of Niagara Falls has with the OLG that compensates the municipality for hosting Casino Niagara and Niagara Fallsview Casino Resort. The latest payment covers the period of July through September. The latest payment brings the total funds received by the City to $14.6 million so far this fiscal year, which began in April.

    Falls receives $6.8M from OLG

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    From the Niagara Falls Review:

    The City of Niagara Falls will receive $6.8 million as part of a second-quarter, non-tax gaming revenue payment from Ontario Lottery and Gaming Corporation.

    OLG issues quarterly payments to the city for hosting Casino Niagara and Fallsview Casino.

    Since December 1996, Niagara Falls has received more than $105.7 million in non-tax gaming revenue.

    $7M upgrade at ‘here to stay’ Casino Niagara

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    From the Niagara Falls Review:

    A $7-million upgrade to Casino Niagara expected to be completed by mid November is another example the facility — which originally was meant to be temporary — is “here to stay,” says Niagara Casinos president Richard Taylor.

    “The property was starting to get a little bit tired, and it was in need of a rebuild, and that was sort of the impetus behind all of this, was the need to recreate what this property is, and to give the customers more of what it is that they’re looking for,” said Taylor.

    “But it’s not just this current project. With our partnership with (Ontario Lottery and Gaming Corporation), there’s been a $20-million investment in this property over the last couple of years, on the level upstairs, and a number of the other pieces of infrastructure here. So we’re approaching a $30-million investment at this property within the last couple of years. It’s a significant part of our business, and it’s here to stay.”

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