Ontario Lottery And Gaming
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 confidence in [...]
From the Niagara Falls Review:
Ontario has locked down Casino Niagara’s long-term future with a 15-year extension on the lease at its Falls Avenue location.
The government’s commitment could unleash up to $1 billion in private investment in the area around Clifton Hill -money investors were afraid to spend when the casino’s location was uncertain, said Niagara [...]
Continue reading about $75-million hotel announcement follows casino deal
From a CNW Group press release:
The future for Casino Niagara was unveiled today, with the finalization of a long-term lease between the Ontario Lottery and Gaming Corporation (OLG) and Canadian Niagara Hotels Inc. (CNHI).
“The McGuinty government has delivered on its commitment to ensure that Ontario not only maintain two casinos in Niagara Falls but also [...]
Continue reading about Strong future secured for Casino Niagara
From the Niagara Falls Review:
The Ontario government appears to have secured Casino Niagara’s long-term future. Niagara Falls MPP Kim Craitor is expected to make an announcement at the casino Friday afternoon about the “economic future” of Niagara Falls. The location of Craitor’s announcement is listed as the second-floor atrium of Casino Niagara.
From the Niagara Falls Review:
Protecting the Ontario government’s own investment in Casino Niagara is the reason it has to be treated differently from the Maid of the Mist, says Ontario Premier Dalton McGuinty, rejecting opposition calls to invite bids from property owners interested in hosting a casino.
“There is a distinction,” the premier told reporters in [...]
Continue reading about Casino lease extension makes sense: Premier
From the Niagara Falls Review:
Ontario Lottery and Gaming and Canadian Niagara Hotels have made progress in talks to keep Casino Niagara in the location it has occupied since 1996, more than two years after Premier Dalton McGuinty told OLG to “get a deal.”
“There has been some positive progress,” said Dino A. DiCienzo, vice-president of Canadian [...]
Continue reading about ‘Progress’ on Casino Niagara lease, but talks ongoing
From Niagara This Week:
A shake-up at the Ontario Lottery and Gaming Corporation may help to secure Casino Niagara’s future, says Niagara Falls MPP Kim Craitor.
On Monday, Dwight Duncan, the minister responsible for the OLG, made public expense claim reports and receipts for OLG’s executive and senior-level staff from Jan. 1, 2007, to Dec. 31, 2008, [...]
Continue reading about OLG shake-up may expedite casino lease: Craitor
From the Niagara Falls Review:
A massive shakeup at Ontario Lottery and Gaming could resolve some of Niagara’s issues with the government agency that oversees Ontario’s casinos and lotteries, Niagara sources say.
A new board of directors and new management could settle Casino Niagara’s long-term future, said Dino A. DiCienzo, a vice-president of the Canadian Niagara Hotels, [...]
Continue reading about Positive local reaction to OLG shakeup
From the Niagara Falls Review:
Niagara’s casinos had one of their slowest summers since the Fallsview Casino opened five years ago, according to figures released by Ontario Lottery and Gaming Friday.
“Certainly, the economic climate has been hard. It’s had a bit of an impact on the amount of money we’ve been able to bring in for [...]
Continue reading about Casinos’ summer revenue lowest since Fallsview opened
From the Niagara Falls Review:
“My instructions are pretty simple – get a deal.” Premier Dalton McGuinty, October 2007
Ayear later there is still no deal to ensure the long-term survival of Casino Niagara and people are starting to talk. Merchants in the area want assurances the casino will continue to operate. It’s important to their livelihood. [...]
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