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…
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…
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…
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.
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…
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…
From the Niagara Falls Review: Sweeping changes to Ontario’s gaming industry unveiled Thursday has essentially quashed Fort Erie’s bid to take over its now defunct slots facility. The Ontario Lottery and Gaming Corporation is asking for private-sector operators to step up and express interest in 29 separate “gaming zones” across the province. Fort Erie did…
From Niagara This Week: The future of one of Niagara’s two casinos will become clearer Friday. The fate of Casino Niagara, which first opened its doors in 1996, will be announced at a news conference at 1 p.m. at the facility, said Niagara Falls MPP Kim Craitor on Tuesday. Closing Casino Niagara was one of…
From the Niagara Falls Review: If the Liberal government decides to close Casino Niagara, it will likely cost them tens of millions of dollars. Canadian Niagara Hotels, which owns the building Ontario Lottery and Gaming Corporation leases for the original Niagara Falls casino, said Thursday the 15-year lease extension signed in 2010 has no early-exit…
From a PRWeb press release: Today brings great news for the city of Niagara Falls and the Falls Avenue Entertainment Complex. The Ontario Lottery and Gaming Corporation (OLG) has renewed the lease of Casino Niagara at its current location on Falls Avenue. The lease extension is for an additional 15 years, showing the Provincial Government’s…