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  #321  
Old Posted Feb 13, 2013, 9:34 PM
markbarbera markbarbera is offline
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The city report states a downtown location will bring maximum overall benefit to the city, even after potential social costs are factored in. It also says basically that Flamborough is a non-starter.
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  #322  
Old Posted Feb 13, 2013, 11:28 PM
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Looks like there will be a deal reached for tomorrow's vote. If there's no bid for Flamborough than the a downtown option will be accepted.

So essentially they'll yea to an OLG RFP process and review once closed.
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  #323  
Old Posted Feb 14, 2013, 12:39 AM
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A draft of the compromise motion, obtained by The Spectator Wednesday afternoon, states if potential operators “demonstrate that Flamboro Downs is not a viable site, then only then will the city of Hamilton be willing to explore other sites of interest.”

The compromise motion has the support of the majority of councillors.

http://bit.ly/XMDYxX
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  #324  
Old Posted Feb 14, 2013, 4:53 AM
CaptainKirk CaptainKirk is offline
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Quote:
Originally Posted by markbarbera View Post
The city report states a downtown location will bring maximum overall benefit to the city, even after potential social costs are factored in. It also says basically that Flamborough is a non-starter.
From the report,
Quote:
After an extensive literature review, consultation with local experts, and detailed examination on the generally accepted most comprehensive study on the subject, there is no consensus on whether the economic impacts negate the social impacts of a Casino.
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  #325  
Old Posted Feb 14, 2013, 12:38 PM
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Revenue loss prompts Ontario horse-racing track operator to cut jobs
(Canadian Press, Feb 13 2013)

Ontario’s horse-racing track operator says it’s being forced to slash hundreds of positions to keep pace with a reduction in revenue.

Woodbine Entertainment Group says it’s cutting 109 salaried jobs at its Woodbine and Mohawk Racetracks.

The company says it is also cutting “a significant number” of hourly jobs, converting many positions to seasonal and reducing the amount of hourly work.

Woodbine says the cuts come as a result of a drop in the company’s sales and a provincial decision to no longer share some slot machine revenue with the track.

The Ontario Lottery and Gaming Corp. has about 3,000 slot machines at Woodbine and they will remain in place until at least 2016 under a new lease agreement signed with the OLG earlier this year.

Woodbine says it has signed transitional agreements with the province and the OLG, but says income from those deals can’t make up the loss of the share of slot machine revenue it was receiving.



Woodbine slashes workforce
(Toronto Star, Alex Consiglio, Feb 13 2013)

Woodbine Entertainment Group has announced more than 100 layoffs following a recent secret agreement with the province.

Nick Eaves, CEO of the Woodbine group, said Wednesday he’s struggled through the last few days at work, handing out pink slips.

“We’ve had to do quite a bit of that,” said Eaves, adding it’s been a “very difficult” time at Woodbine as longtime employees lost their jobs.

“It hasn’t been easy. It’s never easy to part with people who gave so much.”

Eaves said the layoffs, about 25 per cent of salaried positions, were necessary after coming to terms on a confidential two-year deal for transitional funding — aimed at softening the blow from the loss of the lucrative slots-at-racetracks program.

The layoffs include top-level executives such as Bruce Murray, vice-president of standardbred racing, and Andrew Macdonald, vice-president of strategic initiatives.

Glenn Crouter, vice-president of communications for 15 years, retired and accepted a part-time, two-year contract in place of his full-time gig. Front-line hourly workers have also been fired.

Sue Leslie, president of the Ontario Horse Racing Industry Association, said the loss of 109 jobs at Woodbine “is no big surprise.”

“We’ve been saying this for months,” said Leslie. “They’ve completely destroyed our industry. This is going to happen everywhere.”
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Last edited by thistleclub; Feb 14, 2013 at 12:53 PM.
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  #326  
Old Posted Feb 14, 2013, 1:18 PM
coalminecanary coalminecanary is offline
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Originally Posted by CaptainKirk View Post
From the report,
Thank you.
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  #327  
Old Posted Feb 14, 2013, 4:29 PM
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The Spectator’s View: Flamborough-only decision too restrictive
(Hamilton Spectator, Howard Elliott, Feb 14 2013)

In a few hours, barring a surprise development at the last minute, Hamilton city council will probably vote to be a willing host for a casino, but only if it’s at Flamboro Downs, the existing home of slot machines.

This shouldn’t come as a surprise. After all, council said at the very outset of the casino discussion/debate that Flamborough is its preferred location. But whether or not it is wise to put such heavy restrictions on the location of a casino within the Hamilton gaming zone is another matter entirely.

There are other options. Ontario Lottery and Gaming Corporation has made it clear council is currently only being asked to express interest in new OLG operations in the zone. If council says yes with no conditions, a request for proposals would go out, and OLG would shortlist and select a winner. The winner would operate Flamboro for some period of time — three years is bandied about as likely — before submitting a second proposal for new and presumably expanded gaming capacity.

But that proposal would still have to meet the approval of the parties involved, including the city and OLG itself. Hamilton could say yes, but it could also say no. OLG is clear that it will not impose a casino on a community that does not want it, so the city decision would determine whether the proposal goes forward or dies.

Council could also say yes to hosting a casino, but not downtown. That would mean OLG would call for proposals with that condition attached, and proponents would have to respect that restriction. Kingston recently did something similar.

So, why restrict OLG’s call for proposals only to Flamborough? The Hamilton gaming zone is very large. Is council quite positive there is no other piece of real estate that could be a viable home for a new casino and would not have the negative impacts that so concern downtown councillors and residents?

There is a very good chance Flamborough is not a viable site, from a business perspective. The cost of providing adequate water and sewer services is massive. Would the city have to foot any of that bill? The site is also on provincial green belt land, so it would require special permission from Queen’s Park for any expansion. Losing green space to gain a casino complex is not going to be an easy sell.

Council is leaving the door open to other sites only if it can be convinced by potential operators that Flamboro Downs is not viable. Fair enough. We expect potential operators will make that case and it will be interesting to see council’s reaction.

Our view is that council should be less restrictive, especially since it still has the ability to say no later. That would bring more potential operators out in the open, as compared to Flamborough, which is bound to be less appealing overall.

And keep in mind there’s an election in a year-and-a-half and OLG estimates it will take longer than that to develop and approve a new casino.

So a referendum question on a casino could be included on election ballots for minimal incremental cost, giving council much improved ability to measure public opposition and support overall, and for specific locations as well.

All that may still happen. But it would be a more complex and arduous process if council makes the most restrictive choice on the table.
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  #328  
Old Posted Feb 14, 2013, 4:50 PM
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Farr will make an announcement at 12:45. Apparently there's a deal that Rock Hammer agrees with.
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  #329  
Old Posted Feb 14, 2013, 6:09 PM
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@SamCraggsCBC: Farr says Global Spectrum/Live Nation (new Copps/HP operators) don't want a competing downtown casino #HamOnt http://t.co/TU4R3pEo
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  #330  
Old Posted Feb 14, 2013, 6:11 PM
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I suppose Tivoli is a threat now.
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  #331  
Old Posted Feb 14, 2013, 6:17 PM
thistleclub thistleclub is offline
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Originally Posted by SteelTown View Post
@SamCraggsCBC: Farr says Global Spectrum/Live Nation (new Copps/HP operators) don't want a competing downtown casino #HamOnt http://t.co/TU4R3pEo
They want their own casino downtown.

Multinational corporation FTW!
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  #332  
Old Posted Feb 14, 2013, 6:23 PM
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Well they can submit a bid too than.
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  #333  
Old Posted Feb 14, 2013, 6:24 PM
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Breaking: Downtown casino imperils HECFI deal
(Hamilton Spectator, Emma Reilly, Feb 14 2013)

The entertainment giant about to take control of Copps Coliseum and Hamilton Place has made a bombshell eleventh-hour entrance into the heated casino debate.

Globeal Spectrum says a downtown casino would "fundamentally kill" the market for entertainment in the core and directly compete with their business.

Downtown councillor Jason Farr held a press conference at City Hall Thursday afternoon -- only minutes before council is set to begin a special casino meeting -- relaying Global Spectrum's position.

Farr said Global Spectrum was never informed that a casino could be on the horizon. If Hamilton does approve a downtown casino, both Global Spectrum and partner Live Nation would seek "contractual relief for the subsidy reduction we guaranteed."

"I feel it gravely important that the public, particularly those who, in the last few days have expressed their support of a downtown Hamilton casino/entertainment complex, understand this position from the City of Hamilton's new council-appointed operators of our existing Copps Coliseum and Hamilton Place entertainment facilities," Farr said.

Last night, councillors approved the final agreement between Global Spectrum and the Carmen's Group, the local company that will take over operations at the Convention Centre.

The city is hoping that private management of the facility will enable them to reduce or end the millions of dollars in subsidies they’ve paid out to HECFI over the past decade.

Peter and PJ Mercanti, of Carmen's Group, have come forward with a $200 million proposal for a Hard Rock cafe casino and entertainment complex in the core.
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  #334  
Old Posted Feb 14, 2013, 6:27 PM
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Originally Posted by SteelTown View Post
Well they can submit a bid too than.
Half-joking, playing on the tweet's wording.
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  #335  
Old Posted Feb 14, 2013, 6:30 PM
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Quote:
Farr said Global Spectrum was never informed that a casino could be on the horizon.
Yet in the same article.....

Quote:
Peter and PJ Mercanti, of Carmen's Group, have come forward with a $200 million proposal for a Hard Rock cafe casino and entertainment complex in the core.
Must be some big rock they were living under in London, Ont.
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  #336  
Old Posted Feb 14, 2013, 6:50 PM
movingtohamilton movingtohamilton is offline
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Joey Coleman is live-streaming from the Council meeting. Casino under discussion now.

----------------------------------------------------------------------------
Joey Coleman ‏@JoeyColeman

Live from #HamOnt City Hall in High-Def. Council to debate casino. Lots of twists and turns today: http://www.joeycoleman.ca/2013/02/ha...12-livestream/ … Plse RT (thanks!)
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  #337  
Old Posted Feb 14, 2013, 7:04 PM
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@EmmaatTheSpec: @Sam_Merulla says he doesn't see how a $200 million development would fit in #HamOnt's core. "I don't see why not," Mallard says.

Lol
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  #338  
Old Posted Feb 14, 2013, 7:06 PM
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Now Merulla's motion has changed. He wants the referendum back and a moratorium on the casino process.
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  #339  
Old Posted Feb 14, 2013, 7:12 PM
movingtohamilton movingtohamilton is offline
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Quote:
Originally Posted by SteelTown View Post
Now Merulla's motion has changed. He wants the referendum back and a moratorium on the casino process.
Now Hamilton is being blackmailed by GS/Live Nation! Apparently they missed the Rock Hammer announcement/press conference.

What a clusterfcuk.

http://www.raisethehammer.org/articl...no_development

UPDATE: Oops, SteelTown. I missed your post. :-(

Still a fustercluk.

Last edited by movingtohamilton; Feb 14, 2013 at 7:16 PM. Reason: Update
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  #340  
Old Posted Feb 14, 2013, 7:39 PM
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In an email to CBC Hamilton, RockHammer, the group that's pitched a $200-million casino-hotel complex for the city's core, said its planned development "does not include entertainment facilities that would compete with Copps or Hamilton Place."

"If we are selected as the operator by [Ontario Lottery and Gaming Commission] it is our preference to work with Global Spectrum/Live Nation to bring world-class entertainment to these existing facilities," wrote RockHammer spokesperson Mark McSporran.
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