Tag: ontario lottery and gaming

    New Falls casino operators June 11

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    From Niagara This Week:

    Mohegan Gaming and Entertainment is expected to assume day-to-day operations at the two casinos in Niagara Falls June 11.

    The commercial gaming company, headquartered in Connecticut, will also operate the Niagara Falls Entertainment Centre, scheduled to open later this year.

    MGE was selected by Ontario Lottery and Gaming in September to be the new service provider following a procurement process.

    Niagara Falls receives nearly $8 million from OLG in first quarter

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    From Niagara This Week:

    The city is set to surpass the $100-million mark in revenues derived from hosting two OLG casinos.

    Niagara Falls received a first-quarter payment of $7.8 million from the OLG as a part of its hosting agreement for Casino Niagara and Fallsview Casino Resort. The payment brings the total non-tax gaming revenue paid to the city to $98.9 million since Casino Niagara first opened its doors in 1996.

    “OLG gaming revenue provide essential funding to host communities, which offers greater ability to invest in infrastructure projects as well as important local programs and services that benefit families,” said Charles Sousa, Ontario’s minister of finance. “These funds directly benefit Ontario’s critical public services such as health care and education, and local development.”

    Special council meeting Thursday

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    From the Niagara Falls Review:

    A special council meeting has been called for Thursday to discuss the city’s continued concerns about Ontario Lottery and Gaming’s modernization plan.

    “We’ve gone on record with having serious concerns with modernization, the way it’s being rolled out, and serious concerns of up to 1,400 jobs being in jeopardy (at the casinos in Niagara Falls),” said Mayor Jim Diodati.

    “We’ve done a couple of public meetings and rallies and gatherings (opposing the plan) – we’ve met with the provincial government, we’ve met with OLG, and (Thursday’s meeting will be about) next-step endorsements from council.”

    Council is also scheduled to deal with a funding grant application for this year’s New Year’s Eve concert.

    OLG to include Falls casinos in modernization

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    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, OLG expects to issue a request for pre qualification this summer as part of a process to enter a new operating agreement under a new modernization plan.

    OLG spokesman Tony Bitonti said Falls Management Group is free to take part in the bidding process.

    City chips in $350,000 for new falls illumination

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    From the Niagara Falls Review:

    The city will contribute $350,000 towards a $4-million public-private project that will modernize the illumination of the falls.

    The city will take the $350,000 from what is expected to be an approximately $4.5-million fourth-quarter payment in April from Ontario Lottery and Gaming for hosting two casinos.

    Niagara Falls also has $1.7 million remaining from the $18.4 million it received from the first three fiscal quarters.

    “This is very incredible, state-of-the-art, technology,” Serge Felicetti, the city’s director of business development, told councillors this week.

    Bids set to open for casino theatre

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    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 request for proposals process for bidders around October or November.

    “I’ve seen some great expressions of interest already,” said Diodati. “I’ve seen some designs, concept plans and architectural renderings — there are going to be some significant proposals.”

    Niagara Falls politicians and tourism officials have been pushing for years for a new 7,000-seat entertainment theatre.

    Council defers talk on new casino cash until OLG agreement signed

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    From the Niagara Falls Review:

    The city’s wish list for its new casino cash windfall will have to wait.

    Council deferred discussions on what to do with hefty new funds expected this year from Ontario Lottery & Gaming until the new funding agreement is officially signed. The OLG has given the city a Sept. 30 deadline to enter into a new agreement which will see Niagara Falls receive an estimated $18 to $20 million for hosting two casinos.

    The new funding formula replaces the guaranteed $3 million the city receives per year.

    Council will wait until its September or October meeting to start discussing the funds.

    Changes to Ontario’s gaming industry kills Fort Erie’s bid for slots (also how it affects Niagara Falls)

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    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 not make the cut.

    “There is not a zone for Fort Erie so, sadly, any type of proposal that would come from Fort Erie wouldn’t be addressed,” said OLG spokesperson Tony Bitonti.

    “The rule is one facility per zone and, if you don’t have a zone, you don’t have a facility.”

    According to the OLG, Niagara Falls would have two zones that could offer a maximum of 5,000 slot machines.

    “Literally, Fallsview and Casino Niagara are each their own zone,” Bitonti said.

    There are approximately 4,600 slot machines between Niagara’s two gaming facilities.

    “In Niagara, it’s status quo,” Bitonti said.

    OLG to close Fort Erie slots Apr. 30

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    From the Niagara Falls Review:

    The OLG Slots at Fort Erie Race Track shut down temporarily Wednesday morning for Ontario Lottery and Gaming officials to tell workers the slot machines will stop ringing for good April 30.

    Employees who left a 9 a.m., meeting with OLG representatives told reporters they had been told the slots operation will be closed then. They were called to a 9 a.m., meeting at a hotel to learn the news.

    I wonder what is going to happen to Casino Niagara…

    Toronto casino would be ‘totally inappropriate’: Craitor

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    From the Niagara Falls Review:

    Is it just hogwash from hogtown?

    Only time will tell.

    Recent media reports out of Toronto that Ontario Lottery and Gaming Corp. plans to recommend a casino be built in Toronto have some Niagara Falls businesspeople and politicians nervous.

    Provincial government officials insist the 2005 moratorium it placed on building new casinos has not been lifted.

    In an e-mail response to The Niagara Falls Review Tuesday, a spokesperson for Ontario Finance Minister Dwight Duncan said the minister will not “speculate” whether or not Queen’s Park will alter its moratorium stance until it sees OLG’s report on the future of gaming in the province.

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