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Casino development in Toronto: a source of Nimbyism or economic hope?
By GeographyJobs.com
July 10, 2017
In 2013, Toronto City Council voted overwhelmingly against the proposal for the development of a downtown casino
development by 40 to 4. Early in the process, the figurative betting
odds on approval of the proposal would have been close to even money.
The once embattled Toronto mayor Rob Ford and a several city councilors
were early proponents of the development due to the belief that the
proposal could create 10,000 new jobs and provide the city with annual
hosting fees of $100 million. However, in the end the revenues fell
short of those that were initially promised by the province by about
half. But this wasn’t the only reason the proposal failed, a downtown
location for the casino was highly unpopular among city residents. As
casino development dithers, off-shore online casinos and betting sites
that serve Canadian customers have been the beneficiaries of this
political back and forth continued.
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