Tag: gaming revenue

    Niagara Casinos generate record gaming revenue

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    From the Niagara Falls Review:

    Niagara Casinos enjoyed a record-earning year in 2015 with nearly $700 million generated in gross gaming revenue.
    “We’ve been working towards this for some time,” said Niagara Casinos president Art Frank. “Our winning mix included the right number of great associates working together to deliver superior customer service, a suite of innovative marketing initiatives that resonated with our customers, and favourable economic factors like the weak Canadian dollar and low gas prices that boosted tourism in the area.”

    Big OLG payout for Niagara Falls

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    From Niagara This Week:

    The Ontario Lottery and Gaming Corporation (OLG) has issued its first-quarter non-tax gaming revenue payment of $6,433,923 to the City of Niagara Falls for hosting Casino Niagara and Fallsview Casino Resort.

    “It’s about time,” said Mayor Jim Diodati. “We’ve been fighting for this for a long, long time. There were racinos (race tracks with slots) which were receiving more that the City was for hosting two casinos.”

    Niagara Falls Mayor To Senecas: No Casino Payment, No Fire Protection

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    From the Jamestown Post-Journal:

    The mayor of Niagara Falls says he may withhold fire and emergency services from the casino owned by the Seneca Nation of Indians if the tribe doesn’t pay the millions of dollars owed to the city.

    Local media outlets report that during comments made at a Sept. 11 memorial ceremony Tuesday, Mayor Paul Dyster said he’s prepared to direct the city’s fire chief not to respond to emergency calls from the Seneca Niagara Casino and Hotel.

    The city is owed $60 million from the Senecas, who have refused to make gaming revenue payments to the state because of an ongoing dispute.

    Falls casino revenues see signs of recovery

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    From the Niagara Falls Review:

    Niagara remained Ontario’s most popular spot for gambling in 2009 despite drops in revenue, the number of gamblers and employees at Fallsview Casino Resort and Casino Niagara, according to Ontario Lottery and Gaming figures for the last three months of the year.

    “We continue to generate substantial revenue for the province,” said OLG spokesman Tony Bitonti. “There was a decrease in the resort casinos by about 4.5%, quarter over quarter.”

    As 2009 drew to a close and signs of an economic recovery appeared, OLG reported $333.4 million in the September-to- December period, compared to $349.1 million in the same three-month period in 2008.

    Niagara’s two casinos reported gaming revenue of $153.0 million in OLG’s third fiscal quarter.

    That was down about $700,000 — or nearly .5% — from the same time in 2008.

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