Gateway Casino & Entertainment, one of Canada’s most diverse gaming companies, is now preparing to further expand its reputation and build the Canadian $140 million Premier Casino Resort Western Fair District. The move is aimed at increasing market share for gambling companies. For now, the gambling operator is trying to win enough public support and support from the locals in an effort to get behind the wheel and spin the first round.
According to Western Fair’s rules, casino expansion requires consent from local residents as well as lawmakers. Gateway spokesman Rob Mitchell announced that the company is ready to participate in various public meetings and will provide Londoners with a better view of the proposed gambling centre at the fairground. By doing so, people will be more aware of the economic benefits of hosting casinos.
Gateway announced plans for millions of casino businesses in the western fair district at the end of last year, and the creation of a full-fledged entertainment complex is expected to take one year each, and this information conference is essential to gather public opinion.
City Treasurer Anna Lisa Babon said city politicians will make a final decision on Gateway’s project, but should carefully consider the advantages and disadvantages of attracting casinos. City Councilman Josh Morgan said city officials should consider the issue carefully before making a final decision.
A Closer Look At Gateway’s Casino Project
Keith Andrews, the company’s senior vice president and executive director in Ontario, noted that Gateway’s proposal for a full-fledged gambling center would boost the economy of millions and bring as many as 700 new jobs to the city. When considering the future of casino projects, it is important to mention that the growth of tax revenues and job opportunities is an important factor. The first phase of the project involves the construction of a game zone, food and beverage zone. The second step is to look at the hotel’s complex tracks and racetracks.
Gateway signed a 20-year casino operation and service contract with Southwest Gaming Bundle in December 2016, and after the announcement, Gateway presented an ambitious project to build a casino resort at the fair, and months later, the future of the business still seems uncertain.
The biggest obstacle to Gateway’s push for the project is high rents, which turned out last year that the gambling operator was considering renting or purchasing land jointly owned by the city and Western Fair.