Niagara Falls wants say in next casino operator

From the Niagara Falls Review: Niagara Falls wants its voice heard as Ontario Lottery and Gaming Corp. seeks a service provider to run the day-to-day operations of the city’s two casinos. “We’re very supportive of separately managed properties, so that we can utilize the benefits of competition,” said Coun. Victor Pietrangelo. “We’d like to see…

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Niagara Falls receives latest OLG payout

From Niagara This Week: More than $7 million has been added to City coffers after The Ontario Lottery and Gaming Corporation (OLG) its first-quarter share of casino revenues The City received a non-tax gaming revenue payment of $7,153,022 for hosting Casino Niagara and Fallsview Casino Resort. Since December 1996, Niagara Falls has received more than…

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OLG to include Falls casinos in modernization

From the Niagara Falls Review: A new service provider could operate the two casinos in Niagara Falls in 2019. Ontario Lottery and Gaming has notified Falls Management Group, which operates Fallsview Casino and Casino Niagara on OLG’s behalf, it will not be extending its contract beyond its original term, which ends June 10, 2019. Instead,…

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Niagara Falls receives Q4 payment from OLG

From Niagara This Week: City coffers have swelled by more that $5 million as The Ontario Lottery and Gaming Corporation (OLG) issued its fourth-quarter (January to March, 2016) non-tax gaming revenue payment. In total, the City received $5,275,019 for hosting Casino Niagara and Fallsview Casino Resort. Since December 1996, Niagara Falls has received more than…

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Bids set to open for casino theatre

From the Niagara Falls Review: Those who want to develop a new entertainment complex attached to Fallsview Casino will be able to make their bids starting this fall, according to Niagara Falls Mayor Jim Diodati. Diodati said he was told by Ontario Lottery and Gaming that the provincial Crown corporation plans to open up the…

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OLG funds used to cover Falls budget shortfall

From Niagara This Week: Not wanting to stick ratepayers with a potential $62 increase on their tax bills, councillors decided Tuesday to take a $2.9-million shortfall in revenues by taking the money from the City’s OLG reserve fund. The shortfall came about after the Region reversed its tax policy to create a separate primarily for…

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Falls gets latest OLG installment

From Niagara This Week: Coffers have swelled by more than $21 million since the city signed on to a new casino hosting agreement with the Ontario Lottery and Gaming. The city received its a fourth-quarter (January to March) non-tax gaming revenue payment — $4,452,570 — to bring the total to $21.2 million for hosting Casino…

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City receives nearly $5 million from OLG

From Niagara This Week: Nearly $5 million more was added to city coffers as The Ontario Lottery and Gaming Corporation (OLG) issued its third-quarter payment for hosting two casinos. In total, the OLG paid the city $4,780,702 for hosting Casino Niagara and Fallsview Casino Resort.

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Entertainment site eyed for N.F., Ont. casino

From Buffalo Business First: The Ontario Lottery & Gaming Corp. has taken the first step to develop a 5,000-seat entertainment venue that would part of its Niagara Fallsview Casino Resort complex. The OLG has issued a “request for information” from the development and entertainment community focusing on the possibility of constructing a “privately-funded, multi-purpose entertainment…

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Niagara Falls Calls For More Casinos and OLG Investment in Existing Casinos

From Yahoo! Canada Finance: The city of Niagara Falls has put out the welcome mat for investment by the world’s gaming sector, unanimously passing a City Council resolution asking Premier Kathleen Wynne and her Finance Minister to allow new gaming sites in the city and to direct Ontario Lottery & Gaming Corp. (OLG) to include…

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