Yes. Studies show that the costs of the social problems a casino creates far outweigh the economic benefits.(13)
Another concern is Paul Godfrey’s and the OLG’s assurance to Torontonians that the increased use of the private sector in a casino development will prevent taxpayers from assuming a financial burden. Torontonians should remember Paul Godfrey’s promise of no tax burden for the Skydome/Rogers Centre. The construction of the Skydome/Rogers Centre was a public/private enterprise with all three levels of government (the taxpayer) paying the largest percentage of the cost. In 1985, the estimated cost was $150 million. The final cost was $570 million ($900 million in today’s figures).