News Flash
The OLG wants to bring a casino to the Toronto area
Ka-ching. Toronto might be getting a casino, after all — or at least the GTA. At a press conference earlier today it was announced that the Ontario Lottery and Gaming Corporation (OLG) plans to open a casino somewhere in the Toronto Area, though the specifics have yet to be determined.
This move is part of a larger plan, a "programming expansion," that includes expanding slots from racetracks to independent sites, and an increased amount of outlets where lottery tickets can be bought, such as grocery and retail stores. It has been suggested that less successful establishments will be closed or moved, but the OLG has not fully confirmed these reports.
OLG hopes to reach more people and to better service those living in urban centres, as well as creating jobs and increasing revenue for the province. As to what the reaction from municipal politicians will be, that's another story. While OLG representatives claim numerous areas have expressed interest in hosting a casino, downtown councillor Adam Vaughan has been an outspoken critic of the idea, so don't bet on the new Ontario Place serving up roulette tables.
Where do you think it'll end up?


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Sadly, the Fords seem incapable of stepping back from a fight, they might choose that location just to spite Adam Vaughan, who will in all likelihood, be our next Mayor.
This isn't Atlantic City where at one time putting casinos near the water may have worked. It's far easier and better to put it at Woodbine. The infrastructure is there. It just makes more sense.
If the Fords want to use that Casino money (if it comes ) to build subways in the future, God bless 'em - just don't piss away the 8.4Billion we're already getting for the sole purpose burying the Eglinton LRT all the way to Scarborough.
"In addition to OLG’s payments to the Province, there are also several direct beneficiaries of gaming proceeds including the horseracing sector (approximately $345 million in 2011-12), host municipalities (approximately $92 million in 2011-12) and from both lottery and gaming, Ontario First Nations (approximately $117 million in 2011-12)."
So, explain to me how Toronto won't get some money from this to put towards transit?
Now, if only The Government could monopolize smokes, gas, and, heck, while we’re at it food. Then The Government could wave a magic wand and the budget woes would be gone.
This is a stupid idea on so many levels.
There is zero evidence that there is anything to the arena "announcement".