BACKGROUNDER: NIAGARA ENTERTAINMENT CENTRE REQUEST FOR INFORMATION
OLG has issued a Request for Information (RFI) for a potential privately-funded multi-purpose entertainment centre in Niagara Falls.
The RFI will help OLG gauge interest in the marketplace for developing and financing a potential Niagara entertainment centre that is similar to, or larger in size and scale than, facilities at Caesars Windsor and Casino Rama.
Current Entertainment Centre Seat Capacity at Resort Casinos
|Resort Casino||Entertainment Centre Seat Capacity|
|Fallsview Casino Resort/Casino Niagara||1,500|
Entertainment has increasingly become a significant factor in driving visitors to casinos, building brand awareness and generating incremental gaming revenue.
Non-gaming amenities such as the potential entertainment venue envisioned for Niagara Falls are becoming core amenities for gaming customers. Large entertainment venues are becoming essential in an increasingly competitive entertainment environment, particularly in the Niagara marketplace.
A privately-funded entertainment venue in Niagara Falls could help:
- Enhance the customer experience and grow the gaming business for OLG’s gaming facilities in Niagara Falls;
- Create jobs, economic development opportunities and increased tourism in and around Niagara Falls; and
- Contribute to the value of OLG’s Niagara Falls gaming assets and meet OLG’s long-term business interest of increasing revenues to the Province in a responsible manner.
As part of the RFI, OLG is asking respondents to identify and/or recommend possible locations, as well as what factors OLG should consider with respect to a location (for example, connected or adjacent to a casino, parking, traffic, etc.). OLG will review responses to the RFI to determine next steps.
Interested parties must respond to the RFI by March 3, 2014. The RFI will be available on MERXTM (www.merx.com/olg). MERXTM charges a small fee to download this material.
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