Hamilton councillors double down on Flamborough

Councillors have become increasing concerned that the Ontario Lottery and Gaming Corporation are will be seeking bids from potential suitors to establish another gaming facility in the city, or even outside the municipality’s borders. Losing the gaming facility could mean the elimination of $4.4 million the city currently receives from the cut in the slot revenues it receives from Flamboro Downs as a host municipality. “It opens a can of worms,” said Ward 4 councillor Sam Merulla. “It’s a political mess. (OLG) is like a bull in a china shop.” The city uses the $4.4 million slot revenues to reduce property taxes. From 2000-2011, Hamilton has received about $49 million in revenue from Flamboro Downs. The province has not stated if it will compensate municipalities for the loss of the revenue. Read article