Nevertheless, no formal discussions have been raised between the state and existing gambling partners regarding additional casinos in Toronto. Moreover, this process will probably face considerable difficulties, especially given that the city council voted against the opening of a new downtown casino in 2013, and Toronto Mayor John Tory also does not support the idea.
Also, according to people familiar with the matter, opening a casino location in Ontario Place would require local governments to reach an agreement with a gambling company that already operates gambling venues on Ontario territory, which would require increased market competition if new casinos opened in the province.
As revealed in The Globe and Mail, an anonymous gambling sector source shared that the existing agreement between Ontario Lottery and Game Company (OLG) and a consortium that operates three gambling venues based in the Greater Toronto area includes a valid veto on the future development of casino gambling in the region.
Additional plans for the Waterfront Casino remain unclear
The announcement that Ontario plans to bring new life to Ontario Place in cooperation with the city of Toronto was made in August 2018 by Mr Ford.
For a long time, this coastal area has been considered a potential area for gambling houses. Despite Mr. Ford’s support for the possibility of adding casinos to the region, he and the government provided no further details on the plans. However, according to some people closely related to the issue, the prime minister is personally interested in the project.
As mentioned earlier, Mr. Ford first supported the idea of a coastal gambling house while serving as a Toronto City Councilman, and pushed for a plan to install ferris wheel and monorail on site, but the project did not get a green light.에볼루션 바카라사이트
Asked about the possibility of adding a waterfront casino, Ford’s spokesman Simon Jefferies declined to comment further on the matter, saying more information would be available “in the future.”
For the time being, there is only speculation about the site’s fate. According to industry insiders, the state has no agreement with Great Canadian Gaming to renegotiate the terms of their current contract. Another source close to the matter shared that Great Canadian Gaming could be allowed to set up a new casino in the city of Toronto as part of the aforementioned deal, but aspects of the deal were not revealed to the wider public.