Falls cashing in on casino windfall

The cash keeps flowing in — and flowing out. Niagara Falls received $6.7 million from Ontario Lottery and Gaming Corp. last week as part of a quarterly (April to June) payment for hosting Casino Niagara and Fallsview Casino. Since signing a new agreement with OLG last year, based on slot and table-game revenue, the city has received $27.9 million in quarterly payments. Under the previous agreement with OLG, Niagara Falls received a fixed-rate of $3 million a year in hosting fees. Read More