Tag: ontario lottery and gaming corporation

Niagara Falls council wants ‘flawed’ casino RFP process stopped

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From Niagara This Week:

The city plans to explore all “available legal avenues” with the hopes of getting the Ontario Lottery and Gaming Corporation (OLG) to halt the process of procuring a new operator for Casino Niagara and Fallsview Casino Resort.

At a special council meeting on June 22, council voted unanimously in support of a resolution that refers to OLG’s request for proposals (RFP) process as “flawed” with its emphasis on revenue for the province, while ignoring economic development and job creation.

According to a report completed by HLT consultants on behalf of the City, the OLG’s plan could result in the loss of up to 1,400 jobs at the two casinos.

Falls council against casino theatre proposal

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From the Niagara Falls Review:

Niagara Falls city council voted against a proposal that would see a 5,000-seat entertainment theatre built above the bus area at the back of Fallsview Casino.

Politicians backed a staff report recommending they don’t support an amendment to the site-specific development agreement, as requested by Ontario Lottery and Gaming Corporation, which would allow the theatre to go five metres higher than currently permitted.

Both staff and council are concerned the proposal would obstruct views of the falls for nearby hotels.

Casino concerns bring Niagara officials to Queen’s Park

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Wow… it doesn’t matter what side of the river you are on, everyone seems to be concerned about casino revenue and related jobs!

From the Niagara Falls Review:

The day after the Ontario Lottery and Gaming Corporation started a process to find new operators for Casino Niagara and the Fallsview Casino, a delegate from Niagara will head to Toronto to speak out against potential job losses. Read More…

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…

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.

Niagara Falls receives latest OLG payout

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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 $73.6 million in non-tax gaming revenue.

Niagara Falls receives Q4 payment from OLG

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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 $66.4 million in non-tax gaming revenue.

This year alone, payments to the City have come in at more than $23 million.

See also:

Falls gets latest OLG installment

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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 Niagara and Fallsview Casino Resort.

City receives nearly $5 million from OLG

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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.

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

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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 the city’s two existing resort casinos in its modernization program.

“Niagara Falls is the premier gaming destination in Canada and a global brand that attracts millions of international tourists,” said Mayor Jim Diodati. “It is the logical place in Ontario to expand the gaming sector and attract more tourism, jobs, investment and spending.

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