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-   -   A Casino in Toronto? (http://www.raptorsforum.com/f/f9/casino-toronto-21880.html)

jeffb 01-13-2012 12:25 PM

A Casino in Toronto?
 
Quote:

Ontario Lottery and Gaming Corp. is a key source of revenue for the province – in fiscal 2011, the agency contributed $1.9-billion to its coffers. But this proposal comes at a time of great economic uncertainty for Ontario. With the province in deficit, the government is under mounting pressure to find new sources of revenue and cut program spending.

Councillor Doug Ford, Toronto Mayor Rob Ford’s brother and closest adviser, said the administration would support a casino as long as the public is behind it.

“If it would create jobs and bring tourists, the answer is yes, and if we could get a piece of the pie it would go toward transit,” Mr. Ford said. “We need to build subways.”

It would ultimately be up to the provincial government to decide whether Toronto is ready for its first casino. Venues for blackjack and slot machines in major metropolitan regions have proven to be controversial and have prompted fears of gambling addiction and other social problems.

But casinos are attractive to governments because they generate revenue, create jobs and boost tourism.

“It’s not an easy decision,” said Michael Thompson, chair of Toronto’s economic development committee. “If done properly it could certainly be an opportunity to create economic prosperity, but it also can create some economic despair as well, and I don’t know how you balance that.”

Sources said the timing for a new casino is ideal because governments often turn to gaming revenues during times of economic hardship. Ontario opened its first casinos during the recession in the early 1990s, when former NDP premier Bob Rae was in power.

Provincial sources say there have been discussions within the McGuinty government about how a casino in Toronto would help slay the deficit. A provincial government source said there has to be a casino in the city to help the government achieve its target of erasing the deficit by fiscal 2017-18.

But a government official said the province does not plan on making a decision until it receives a report from the lottery corporation, expected in March
Ontario mulls cashing in with a new Toronto casino - The Globe and Mail

Windex 01-13-2012 12:43 PM

Yes please :)

LX 01-13-2012 02:51 PM

Creating jobs? Really? That's the kind of jobs that get created now?

Increase tourism? Really? Like there isn't a casino everywhere else already.

Why is this form of taxation so agreeable? These things pop up during hard times (which have not been hard at all for the richest among us) and help keep low corporate taxes in place. It's a little messed up.

Renihan_00 01-13-2012 04:54 PM

This is a just yet another way to take money from people out of their money and put it in the hands of wealthy.

Dario 01-13-2012 05:32 PM

There's no casinos in Toronto? Lol.

Windex 01-13-2012 11:41 PM

Quote:

Originally Posted by ChristTrip (Post 599596)
There's no casinos in Toronto? Lol.

you can just drive an hour to Niagara :cookie:

LX 01-13-2012 11:42 PM

Or an hour north, or an hour west, probably east as well.

DVS 01-14-2012 12:34 AM

Quote:

Originally Posted by LX (Post 599549)
Creating jobs? Really? That's the kind of jobs that get created now?

Increase tourism? Really? Like there isn't a casino everywhere else already.

Why is this form of taxation so agreeable? These things pop up during hard times (which have not been hard at all for the richest among us) and help keep low corporate taxes in place. It's a little messed up.

Morally its a terrible idea. I love governments. They tax the crap out of us with Alcohol and build Casinos but during election years they string at our hearts to do whats right. Hypocrites


However; I'm all for voluntary taxation. If your dumb enough to go gamble money you don't have so be it.

Dario 01-14-2012 01:29 AM

Dang, we got tons of casinos in Vancouver, have no idea why you guys dont have any.

Nites 01-14-2012 04:22 AM

We have River Rock and Edgewater Casino which are the two main big ones here. I went with a friend to River Rock last year and lost $250. I'm actually scared to go back now lol.

Superjudge 01-14-2012 09:13 AM

Quote:

Originally Posted by Renihan_00 (Post 599578)
This is a just yet another way to take money from people out of their money and put it in the hands of wealthy.

I'm pretty sure rich people lose plenty of money too.

jeffb 01-14-2012 09:23 AM

Quote:

Originally Posted by Windex (Post 600267)
you can just drive an hour to Niagara :cookie:

Gee can I? We live in a large world class city and have to drive to Niagara freakin' Falls to go to a Casino? Besides it's an hour and a half drive with no traffic.

Isn't there a Casino at Woodbine anyway? It's very small but I've been on surveillance and ended up there a couple times.

Windex 01-14-2012 09:45 AM

Quote:

Originally Posted by jeffb (Post 600348)
Gee can I? We live in a large world class city and have to drive to Niagara freakin' Falls to go to a Casino? Besides it's an hour and a half drive with no traffic.

Isn't there a Casino at Woodbine anyway? It's very small but I've been on surveillance and ended up there a couple times.

I think there's slots. card games are a different deal all together.

Nites 01-14-2012 03:15 PM

Quote:

Originally Posted by Windex (Post 600354)
I think there's slots. card games are a different deal all together.

Slots are for seniors lol

DVS 01-14-2012 03:18 PM

Quote:

Originally Posted by Windex (Post 600354)
I think there's slots. card games are a different deal all together.

I dunno why they just don't throw in some card and dice games at woodbine. All that Woodbine land there just do it up.

jeffb 01-14-2012 03:18 PM

Quote:

Originally Posted by 007nites (Post 600493)
Slots are for seniors lol

clearly you haven't been to too many casino's

Nites 01-14-2012 03:40 PM

Quote:

Originally Posted by jeffb (Post 600497)
clearly you haven't been to too many casino's

I've been to Vegas and that's all I needed to see.

jeffb 01-14-2012 03:44 PM

Quote:

Originally Posted by 007nites (Post 600509)
I've been to Vegas and that's all I needed to see.

So have i, and i've seen a lot of middle aged-younger people at the slot machines. Most people don't have the coin to plop down on cards, many don't have the confidence. Serious gamblers mainly if not exclusively play cards and stay away from slots. In fact i know older men (who are usually the ones with some cash) and they laugh at slots.

Slot machines are for rookies and yes some older people but not exclusively one or the other.

DonMughal 01-14-2012 03:58 PM

I go to Woodbine all the time. They are a sorry excuse for a casino, but still possible to win money. They have blackjack and baccarat, but they are all virtual. I once put in 5 dollars into the blackjack machine and walked out with 5000. :cookie: Thank you thank you.

Shadowfax 01-14-2012 04:50 PM

if you really enjoy pissing away your hard earned cash then just take a short drive to Brantford


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