OLG selects new casino operator in falls, guarantees jobs for 12 months
The OLG has ended the speculation and has announced a new operator for the two casinos in Niagara Falls.
The Lottery and Gaming Corporation has entered into a 21 year contract with Mohegan Gaming and Entertainment to run Fallsview Casino and Casino Niagara along with the 5,000 seat entertainment centre now under construction.
In a release the OLG says MGE will be required to retain current Falls Management Group employees for a period of no less than 12 months which it says is consistent with all other Gaming Bundles in Ontario.
Mohegan Gaming is headquartered in Uncasville, Connecticut at the home of its flagship property, Mohegan Sun.
MGE also owns and operates the Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League.
"Selecting Mohegan Gaming & Entertainment is the latest step OLG is taking in our land-based gaming modernization, which is investing in communities and providing customers with new and exciting entertainment options," OLG’s President and CEO Stephen Rigby states via a release. "By leveraging the success of the Niagara casinos and integrating with the wide mix of entertainment and tourist offerings in the area, MGE will help ensure the long-term competitiveness of the Niagara gaming market—particularly in relation to markets across the border."
Anthony Casdia, Senior Vice President of Business Intelligence, Mohegan Gaming & Entertainment says, "The Niagara Falls Entertainment Centre will be used to create unique experiences for the benefit of the Niagara Region, create more jobs, and encourage economic growth. As the operators of one of the most successful arenas in the U.S. over the last 15 years, we are eager to put our experience to work and establish Niagara Falls Entertainment Centre as one of Canada’s top-ranked venues."