Ontario Lottery and Gaming Corp. is permanently shutting down slot machine operations at racetracks in three border cities, putting 560 jobs in peril.
The slots at Windsor Raceway, Fort Erie and Hiawatha in Sarnia have already been closed to the public, the Crown corporation announced Wednesday.
No little wonder. If they had kept the paybacks equivalent to
those available on the US side they might have had a fighting chance.
________________________________
From: nicolasbello <nbello@sympatico.ca>
To: vpFREE_Canada@yahoogroups.com
Sent: Wednesday, March 14, 2012 2:54:12 PM
Subject: [vpFREE_Canada] OLG shuts down Windsor Raceway, Fort Erie, and Hiawatha slot facilities
Ontario Lottery and Gaming Corp. is permanently shutting down slot machine operations at racetracks in three border cities, putting 560 jobs in peril.
The slots at Windsor Raceway, Fort Erie and Hiawatha in Sarnia have already been closed to the public, the Crown corporation announced Wednesday.
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[Non-text portions of this message have been removed]
Because it is government run, only racetrack operators were privileged to
run casinos in Ontario. That hardly seems fair when maybe other more
competent businessman can invest and bring better returns.
We have a racetrack casino in Ottawa but it is far from downtown. Right
across the river, is the Quebec casino taking Ontario dollars. It makes
sense to invest in a downtown casino to bring back the players to our
jurisdiction. The racetrack owners make 12 million a year here running the
casino with no competition. The city only receives 4 million annually.
In Vegas casinos compete, and yes, some go bankrupt. It's a risky business
but government intervention messes things up like here in Ontario.
On Behalf Of BLavoie
From: vpFREE_Canada@yahoogroups.com [mailto:vpFREE_Can…@…com]
Sent: March-15-12 1:13 PM
To: vpFREE_Canada@yahoogroups.com
Subject: Re: [vpFREE_Canada] OLG shuts down Windsor Raceway, Fort Erie, and
Hiawatha slot facilities
No little wonder. If they had kept the paybacks equivalent to
those available on the US side they might have had a fighting chance.
________________________________
From: nicolasbello <nbello@sympatico.ca <mailto:nbello%40sympatico.ca> >
To: vpFREE_Canada@yahoogroups.com <mailto:vpFREE_Canada%40yahoogroups.com>
Sent: Wednesday, March 14, 2012 2:54:12 PM
Subject: [vpFREE_Canada] OLG shuts down Windsor Raceway, Fort Erie, and
Hiawatha slot facilities
Ontario Lottery and Gaming Corp. is permanently shutting down slot machine
operations at racetracks in three border cities, putting 560 jobs in peril.
The slots at Windsor Raceway, Fort Erie and Hiawatha in Sarnia have already
been closed to the public, the Crown corporation announced Wednesday.
http://www.therecord.com/news/ontario/article/686926--ontario-closes-slots-a
t-racetracks-in-fort-erie-windsor-and-sarnia
------------------------------------
vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
Yahoo! Groups Links
[Non-text portions of this message have been removed]
[Non-text portions of this message have been removed]