Government of Ontario invests in a competitive Casino Windsor

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Government of Ontario invests in a competitive Casino Windsor

$400 Million Renovation And New Amenities Will Strengthen Local Economy WINDSOR, ON, Feb. 14 - The Ontario government is investing $400 million in Casino Windsor, Minister of Economic Development and Trade Joseph Cordiano announced today. "Casino Windsor attracts around six million visitors each year and is a key driver of the local economy," said Cordiano. "Our government recognizes this strategic investment is crucial to safeguard jobs and keep Windsor and the surrounding region strong and competitive." Casino Windsor attracts 80 per cent of its patrons from the U.S. and has recently faced increasing competition from the Detroit gaming market. "Windsor led the way in the development of Ontario's gaming industry and the casino has become an integral part of the local economy," said Sandra Pupatello, Minister of Community and Social Services and MPP for Windsor West. "With this investment, the people of Windsor can look forward to the city's continued growth as a leading regional tourist and business destination." Key features of the project - scheduled for completion in 2007 - include: - 400-room hotel tower - 5,000-seat auditorium/theatre - 100,000 square feet of convention space - Renovations to Casino Windsor The new hotel, entertainment complex and conference centre will position Windsor to secure new tourism and convention business, making the casino itself more competitive. Casino Windsor currently employs almost 4,300 people and is the third largest employer in the Windsor-Essex region. When complete, the new complex will create an additional 400 permanent jobs. "This investment will ensure the casino complex continues to play its full role in keeping Windsor ahead in an increasingly competitive regional market," said Dwight Duncan, Minister of Energy and MPP for Windsor-St. Clair. "Today's announcement will breathe new life into the city centre." Backgrounder ------------------------------------------------------------------------- CASINO WINDSOR INVESTMENT Project overview and background ------------------------------- The Ontario government's gaming strategy, announced January 20, 2005, directed the Ontario Lottery and Gaming Corporation to enhance the competitiveness of its existing facilities and move ahead with expansion of non-gaming amenities at Casino Windsor. As part of that overall strategy, the $400-million investment will not only keep Casino Windsor competitive in the regional gaming market, but also create a new hotel, entertainment complex and conference centre that will strengthen Windsor's position as a regional tourist and business centre. The project is scheduled for completion in 2007. About the new hotel, entertainment complex and conference centre: ---------------------------------------------------------------- - New 400-room hotel tower (23 stories) complementing existing hotel - New 5,000-seat auditorium/theatre - 100,000 square feet of convention space Upgrades to Casino Windsor: -------------------------- - Renovations to all public areas - Lounge renovations and expansion of restaurant facilities About Casino Windsor -------------------- Casino Windsor opened in May 1994 and was Ontario's first casino. The casino's original home was an interim facility with a 50,000-square-foot gaming floor. In 1995, the Northern Belle riverboat casino was added to meet growing demand. The existing $500-million Casino Windsor site opened in 1998. Role of Casino Windsor in the regional economy ---------------------------------------------- - Casino Windsor remains the leading tourist attraction in the area bringing in approximately six million visitors per year. - Casino Windsor is the third largest employer in the Windsor-Essex Region with almost 4,300 employees - about seven per cent of the city's adult workforce. - 15,000 direct and indirect jobs created since 1994 including spin-off employment in the retail, tourism, advertising and supply sectors. - Casino Windsor Cares, the company's community giving program, has provided nearly $9 million in local support since 1994 through non-profit organizations including the Art Gallery of Windsor, the Windsor Symphony Orchestra and the Capitol Theatre. Disponible en fran├žais www.ontariocanada.comFor further information: Molly Finlay, Minister's Office, (416) 325-6706; Joe Vecsi, OLGC Public Affairs, (416) 224-7127; Neil Trotter, Communications Branch, (416) 325-6682; Holly Ward, Casino Windsor, (519) 258-7878 x20285