Proposed Woodbine gaming expansion could impact Niagara Falls, Ont. operations

From Buffalo Business First: A vote by the Toronto City Council to support a massive gambling expansion at the Woodbine Racetrack could have a chilling economic impact on a pair of casinos in Niagara Falls, Ont. and effectively wipe out any hope of slots returning to Fort Erie Racetrack. The council vote is one of…

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OLGC makes 1Q payment to Niagara Falls

From Buffalo Business First: Using a year-old revised formula, the Ontario Lottery and Gaming Corp. has made a $6.715 million (Canadian) revenue payment to the city of Niagara Falls, Ont. The OLGC’s first quarter ended on June 30. The payment is based on the city’s share of first quarter revenues generated from Casino Niagara and…

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Revisit casino property tax assessment: Region and City

From Niagara This Week: If a reduction in tax assessment for two casino properties in Niagara Falls is allowed to stand, the result will be a “tsunami in assessment appeals,” Niagara Falls Mayor Jim Diodati said after a joint media conference with Regional Chair Gary Burroughs Tuesday. Just steps away from the Fallsview Casino Resort,…

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