In this issue: Land Based Casino Expansion in Ontario - "The Toronto Casino"
In recent days, the Finance Minister of Ontario, Dwight Duncan, made headlines by openly musing about the possibility of the establishment of a new casino located in the city of Toronto. The idea has been bandied about for years, but the Finance Minister is the most senior official ever to make comments indicating openness to the idea.
“We have to maximize profits, and we haven’t necessarily been doing that,” Mr. Duncan told reporters. “Obviously, we wouldn’t move on something like that without the city itself wanting it.” Reports from The Globe and Mail newspaper indicated that the Ontario Lottery and Gaming Corporation (the “OLG”) is favorable to the idea of a casino in downtown Toronto. City Councillor Doug Ford, brother and closest adviser to Toronto Mayor Rob Ford, said the administration would support a casino as long as the public is behind it.
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