What about windsor??/Why can't you see two casinos in the GTA?
The reports are that a monster casino resort on the waterfront would only be 5%-10% casino. How much of that space will be taken up with tourists? Can all the residents of the GTA go play there every saturday night too? The GTA is one of the largest markets in North America, there is no question that two casinos can both co-exist and be successful. I can envision the resort casino in Toronto catering more to the downtown Toronto tourist industry (especially the resort itself), and the casino in Markham catering more the actual residents of the GTA.
This casino is meant for the residents of the GTA....not Toronto tourism.
The OLG's border casinos have seen a decline in revenues mainly due to the increased competition from casinos along American border cities.
The purpose of the new modernization strategy of the OLG is not to increase Toronto tourism....it is to bring the casinos closer to the people who play them (i.e the residents of the GTA).
It is absolutely possible for the GTA to have two casinos.
I think Markham will get this one, and Toronto should purse it's monster resort casino in a smart way. Take your time and do it right. Have all the referendums and studies that you want to ensure that the best location is chosen. Also, make sure you iron out a good deal with the American investors and don't let them turn you into suckers.