Tag: casino

Looming casino revenue loss could hit Niagara Falls hard

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From WIVB Channel 4 in Buffalo:

“If we spend it now and it’s not there and this thing lasts for quite some time it can cause a lot of problems,” said Andrew Touma, Niagara Falls City Councilman.

Touma is calling for a 90-day moratorium on casino revenue spending following the Seneca Nation’s announcement to discontinue payments to the state.

“We collect about $16 million a year and of that money around $11 or $12 million per year is used in the general budget. Just to cover expenses in the general budget and then we use other monies for capital projects,” said Touma.

Concerns over Niagara Falls casino jobs not being taken seriously: Diodati

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From Niagara This Week:

The province is moving ahead with the modernization process for gaming in the city after the Ontario Lottery and Gaming Corporation (OLG) issued request for proposal (RFP) documents to pre-qualified proponents selected to bid on the Niagara Gaming Bundle. Read More…

Party on! Mike Myers shares where to celebrate Canada’s 150th birthday

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From USA Today:

Canada celebrates its 150th birthday this year, and perhaps there’s no one more excited than Mike Myers. The native son, who played Austin Powers, voiced Shrek and created Wayne’s World, was born north of the border and hasn’t forgotten his roots. He recently published Canada (Doubleday Canada, $39.95), which lovingly explores the nation’s quirks and strengths… He shares some favorite spots with Larry Bleiberg for USA TODAY…

Sure, you can see if from the American side, but you’re going to want to cross the border. “Not to be shamelessly Canadian, but the Canadian side is better (and there’s a casino, too),” Myers says. And leave time to ride the Maid of the Mist boat at the foot of the falls. “Truly a wonder of the world.”

OLG makes Q3 payments for hosting casinos

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From the Niagara Falls Review:

The Ontario Lottery and Gaming Corporation has issued its third-quarter non-tax gaming revenue payment of $5.6 million to the City of Niagara Falls.

The payment, from October to December, was issued to the municipality for hosting Casino Niagara and Fallsview Casino.

Ontario’s Minister of Finance Charles Sousa said OLG gaming site revenue provided to host municipalities “helps communities invest in local priorities such as infrastructure, programs and services that benefit Ontario families.”

Since December 1996, Niagara Falls has received more than $85.5 million in non-tax gaming revenue.

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