Toronto will benefit if it approves a city casino

If Toronto could extract the right deal from the Ontario Lottery and Gaming Corporation (OLG), revenues from a casino in downtown Toronto could permanently fill Toronto’s structural deficit. That was the word Monday from Toronto’s City Manager Joe Pennachetti, following the release of his report on the economic impact of a casino on Toronto’s economy. The report will be going to Mayor Rob Ford’s Executive Committee Nov. 5 and from there will likely be public consultations before council finally deals with the question of whether to allow casino gambling – probably in February or March. Read more