In the News
Casino News (May 16 & 17)
Mayor Ford’s annoucnement: Toronto would get $53.7-million to host casino; Mayor says deal ‘dead’ unless it’s $100-million (Globe and Mail) Toronto Mayor Rob Ford says downtown casino ‘dead’ (CBC) Ford says he won’t support casino without $100M hosting fee (CP24) Ford says no to Toronto Casino (NOW Toronto) Toronto Mayor Rob Ford cancels special casino debate (National [...]
City’s new take would be $53.7 million, sources say (Toronto Star)
The year-long push for a massive casino resort near Toronto’s downtown waterfront is dead. Woodbine Entertainment’s high-stakes bid for a full casino at the Rexdale race track is in limbo. Sources tell the Star that under the revamped OLG casino hosting formula, the city of Toronto would receive a total of $53.7 million annually for [...]
Don’t wager on a Toronto casino (Globe and Mail)
Large casinos do not sit comfortably in the centres of major cities. In greater Vancouver, the River Rock Casino is in Richmond – looking over the Strait of Georgia but also literally on the other side of the tracks – and the Casino de Montréal is not on the island of Montreal but on Île [...]