The Ontario government has recently announced a new agreement that could lead to the establishment of additional casinos in the Niagara Region. Premier Doug Ford introduced the Destination Niagara project in December, aiming to attract more visitors to the area by potentially introducing multiple new casinos, a theme park, and expanding the local airport.
The Ontario Lottery and Gaming Corp. has finalized a deal with MGE Niagara Entertainment Inc. to allow for the entry of new casino operators by relinquishing its exclusivity rights. Despite this, MGE will continue to manage Fallsview Casino Resort and Casino Niagara.
Later this year, OLG plans to initiate a procurement process to identify potential operators for the new casinos. However, there has been some local opposition to a proposal within the Destination Niagara project to introduce a second ferris wheel near the falls, with Niagara Falls Mayor Jim Diodati expressing skepticism about the idea.
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