Downtown Casino: Majority Says...

The Ontario Lottery and Gaming Corp won't like to hear this, but judging by our survey on Tuesday, most readers seem to think that a Toronto downtown casino is dust in the wind.

Over 60% don't think it will fly, as the proposal hits the city council floor on May 21 for a vote. (Those are actually interesting odds if anyone wants to place a bet on it.) Said one reader: The city needs to have adequate transit plans before increasing traffic for a destination location. Says another: "Casino business models are based on diminishing returns and have three-to-five year life cycles before the next shiny one opens up... Toronto needs vibrant, sustainable business models." But some readers were more positive: Its dead the way it is being presented by the pro-lobbyists. But not dead in a scaled-down version.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds

After 5 Years Of Gains, Commercial Real Estate's C-Suites Just Got Less Diverse

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire