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America First in Canadian Fallsview Casino and Casino Niagara Bid

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Under, Ontario Lottery and Gaming Corporation’s new plans, Fallsview Casino and Casino Niagara’s leases are up for grabs. Both casinos will be bundled together for a 20-year lease deal. Originally five companies expressed their interest in taking over the lease. Out of the five bidding companies, only two were Canadian. These two companies, are the Great Canadian Gaming Corp and Gateway Casinos and Entertainment Ltd.  Heading up the American charge is Hard Rock Café International Inc., Caesars Entertainment Corp. and Mohegan Sun Inc. However, despite strong bids it was reported by Globe and Mail that only the US companies remain in the running. Meaning that for at least the next 20 years Fallsview Casino and Casino Niagara will be under US management.

What does this mean for the city of Niagara?

Currently, both casinos are owned by the government of Ontario. Through the government, they are both run by the Ontario Lottery and Gaming Corporation. This means that the government have a say in the day to day running of the casino. It also means that they are responsible for the future planning and costs associated. In the past, this has been a very profitable relationship. Not only for the government, but also for the city.

Since December 1996, the OLG netted revenue of $124.7 million for the city of Niagara. Revenues which of course were raised from payments. These payments are made to “thank” the city of Niagara for being the host city. Currently, payments to the city from the OLG are made quarterly. In June 2018, the city of Niagara received $7,393,429 in hosting payments. In addition to these payments, the casinos are also the largest employer in the city. This provides further revenue to the city. Although, no new lease-holder deal is finalised it is likely that the ‘host’ payments will continue.

However, just as the two casinos bring money, they also cost money. This is because as government operations, the government is liable for costs. As you can imagine, the running and upkeep of a casino is not cheap. This means dipping into tax payer money. Speaking about this in an interview OLG President Stephen Rigby said the lease sale ““Will make future capital costs of developing, expanding, improving and maintaining the Niagara casinos the responsibility of a service provider — so public money is no longer used to cover these costs.”

What does the future hold for Fallsview Casino and Casino Niagara?

Despite, being the prize at the end of a bidding war the future of both casinos is assured. One thing that is for sure is that they will no longer be Canadian run. That privilege will now pass to one of the three remaining US bidders. According to sources the OLG will base their final decision on the bidders’ experience in gaming development. Of which, all of the three remaining contenders have plenty. Especially, when it comes to online gaming operations. Online gaming in Canada is a strong and fast growing industry. Figures on Canadian casino review website Casinos.co suggest that over 70% of Canadians have gambled online in the last year. It is highly likely that all three companies will be looking to negotiate on online gaming.

Another area of the casinos, all bidders will be looking to expand and build upon is loyalty schemes. Something, which Hard Rock and Caesars Entertainment Corp can easily incorporate into their existing schemes. This has raised some concerns with the OLG, who fear that both casinos will lose their high-rollers to Las Vegas. Something, which would have a seriously negative effect on Fallsview Casino and Casino Niagara.

Unfortunately, as no deal has been reached there is no concrete plan for either casino. Nobody, besides the OLG knows for sure what terms and conditions will be attached. For Fallsview Casino, and Casino Niagara any future without Canadian ownership will be bittersweet.

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Battle for glory in Lightning Box’s Spartan Fire

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SpartanFire_Screen_01 Battle for glory in Lightning Box’s Spartan Fire
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Specialist slot provider Lightning Box has prepared for battle with the launch of its latest title, Spartan Fire.

The 4×5 reel slot features 40 paylines as players fight for big wins. With the Wild Eyes symbol acting as a wild, the Spartan Spin feature also turns the Man and Woman icons into wilds for even bigger wins.

If three or more Spartan Shields land on the reels, the Spartan Fire Bonus is triggered, giving players a chance to choose their shields to lead them to glory.

Each shield reveals a different icon, with multipliers, wilds and extra free game(s) to be unlocked.  Players can even win up to nine free games with a 30x multiplier!

Initially exclusively available with Kindred for a two-week period, Spartan Fire will be released through the SG Digital platform.

Peter Causley, CEO and co-founder of Lightning Box, said: “Spartans are famed for battling to great victories and players will experience all the thrills of war in our newest hit, Spartan Fire.

“Its action-packed Bonus Round will see players select their shields for combat, before leading to big wins when the dust settles.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Battle for glory in Lightning Box’s Spartan Fire

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Playson introduces stunning new game Pearl Beauty: Hold and Win

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Pearl-Beauty-Hold-and-Win Playson introduces stunning new game Pearl Beauty: Hold and Win
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Game developer’s latest title features popular Hold and Win mechanics

Casino software provider Playson is taking players on a voyage to the Far East in search of huge prizes in its new title, Pearl Beauty: Hold and Win.

This 243 ways to win slot transports players to a place of mysticism as they join two adventurous characters on a quest for big wins and bonus features.

The game incorporates the popular Hold and Win mechanics which proved to be a big hit with players in the developer’s Sunny Fruits: Hold and Win.

Pearl Beauty: Hold and Win features a Bonus Game which is triggered by six or more bonus pearl symbols. The special Golden Pearl symbol during the Bonus Game collects the values of the other pearls and immediately adds it to the total win.

During the bonus round, there is an additional chance to win three in-game Jackpots – Mini, Major and Grand – adding even more suspense to that Bonus Game.

Vsevolod Lapin, Head of Product at Playson said: “Featuring renowned Hold and Win mechanics, this taste of the Far East gives players the opportunity to win big prizes in the Bonus Game and would make an exciting addition to any operator’s portfolio.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Playson introduces stunning new game Pearl Beauty: Hold and Win

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Red Tiger games now live on Caxino

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caxino Red Tiger games now live on Caxino
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Portfolio integrated with Rootz’ latest brand

Casino game and software developer Red Tiger has launched its games with exciting new online casino Caxino.

Its players can now experience the provider’s award-winning catalogue in its entirety, with the operator also joining Red Tiger’s acclaimed Daily Drop Jackpots Network featuring daily and hourly jackpots.

Caxino is the latest addition to Rootz’ multi-brand portfolio, which comprises a selection of innovative online casinos that are enjoyed by a rapidly growing global fanbase.

Red Tiger’s Commercial Director, Chris Looney, said: “We are delighted to launch with Caxino, an exciting new site that fits perfectly with Rootz’ engaging customer offering.

“We have no doubt that it will attract an impressive following and that this partnership will be of strong mutual benefit going forward.”

Tony Kjaldstrom, COO at Rootz said: “Partnering with market leading suppliers such as Red Tiger is key to our strategic objectives, so we are thrilled to have the studio on board.

“The company’s games have become deservedly synonymous with quality and consistency, and its catalogue will undoubtedly prove to be a hit on our site.”


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Red Tiger games now live on Caxino

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