{"id":87815,"date":"2018-09-11T12:15:09","date_gmt":"2018-09-11T19:15:09","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=87815"},"modified":"2018-09-11T12:17:12","modified_gmt":"2018-09-11T19:17:12","slug":"mohegan-gaming-wins-major-ontario-canada-casino-contract","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/","title":{"rendered":"Mohegan Gaming Beats Out Caesars, Hard Rock to Win Ontario, Canada Casino Contract"},"content":{"rendered":"

Connecticut-based Mohegan Gaming and Entertainment (MGE) has overcome considerable competition to win the rights to run Ontario, Canada’s two Niagara Falls-area casinos for the next 21 years.<\/p>\n

\"Mohegan
Niagara’s Fallsview Casino will be run by the Mohegan Gaming and Entertainment come this time next year. (Source: To Niagara)<\/figcaption><\/figure>\n

On Monday, the Ontario Lottery and Gaming Corporation (OLG) announced that MGE won the \u201cNiagara Gaming Bundle Contract,\u201d which includes the Fallsview Casino, Casino Niagara, and the under-construction<\/a> Niagara Falls Entertainment Centre.<\/strong><\/p>\n

MGE beat out high-profile rivals to win the rights to the contract, which starts next year. Las Vegas-based heavyweights Caesars Entertainment and Hard Rock International were also in the running, but they ultimately lost out to MGE, a much smaller company with 12,000 employees.<\/p>\n

The contract came with stipulations presumably aimed at negating the potential for Mohegan to shut down one property in favor of the other.<\/p>\n

Mohegan will not be permitted to close Casino Niagara, which is a leased property \u2026 or significantly reduce the number of gaming (tables and slots) for the duration of the current lease, which ends in 2025,” lottery spokesman Tony Bitonti said in a statement.<\/span><\/p><\/blockquote>\n

Two Canadian companies were in the running, but dropped out midway through the bidding process.<\/p>\n

“By having a US partner like Mohegan Sun, they’ve already got customer data bases and will market to their current clientele,\u201d Mayor Jim Diodati told the Niagara Falls Review<\/em>.<\/p>\n

The mayor is hoping MGE can help expand Niagara\u2019s scope to the south: \u201cThere’s a huge, huge U.S. market. You know we’re a day’s drive from 120 million people,\u201d Diodati said.<\/strong><\/p>\n

Money Spin<\/strong><\/h2>\n

Not everyone is celebrating the landmark deal, however. Opposing politicians are critical of the fact that gaming rights have been steered away from government-run jurisdiction.<\/p>\n

\u201cIt\u2019s not about who won the bid,\u201d MP Percy Hatfield told the Toronto Star<\/em>. \u201cBut about the fact the government privatized gaming operations at all, costing the province billions of dollars in revenue.\u201d<\/strong><\/span><\/p>\n

An OLG spokesman declined to provide any of the financial specifics around the deal. However, the organization does point out that Mohegan will invest \u201cbillions of dollars in capital development,\u201d while creating thousands of jobs.<\/p>\n

But the 4,196 people currently employed at Niagara\u2019s casinos are more concerned about their ongoing job security in light of the new contract.<\/p>\n

With MGE now owning both casinos in town, staffing could eventually be streamlined in the name of efficiency. In the short-term, at least, employees are safe: the contract ensures that those jobs are secure until Mohegan takes over a year from now.<\/p>\n

Japan on Radar<\/h2>\n

MGE has been busy expanding its business prospects of late, and is now hoping to\u00a0pull off another upset. The company is in the running to win one of three coveted casino licenses in Japan, a country which has the potential<\/a> to eventually end up behind only Macau when it comes to gaming revenue.<\/p>\n

In addition to its eight resorts in the US, MGE already has a foothold in Asia, as it\u2019s currently developing a $5 billion casino project in South Korea.<\/p>\n","protected":false},"excerpt":{"rendered":"

Connecticut-based Mohegan Gaming and Entertainment (MGE) has overcome considerable competition to win the rights to run Ontario, Canada’s two Niagara Falls-area casinos for the next 21 years. On Monday, the Ontario Lottery and Gaming Corporation (OLG) announced that MGE won the \u201cNiagara Gaming Bundle Contract,\u201d which includes the Fallsview Casino, Casino Niagara, and the under-construction […]<\/p>\n","protected":false},"author":37,"featured_media":87817,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,13699,61,18456],"tags":[],"acf":[],"yoast_head":"\nMohegan Gaming Wins Major Ontario, Canada Casino Contract<\/title>\n<meta name=\"description\" content=\"Mohegan Gaming and Entertainment won the rights to secure the gaming rights to two casinos in Niagara Falls, as it sets its eyes on doing the same thing in Japan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohegan Gaming Wins Major Ontario, Canada Casino Contract\" \/>\n<meta property=\"og:description\" content=\"Mohegan Gaming and Entertainment won the rights to secure the gaming rights to two casinos in Niagara Falls, as it sets its eyes on doing the same thing in Japan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-11T19:15:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-09-11T19:17:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Fallsview-Casino-Resort.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Cort Smith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cort Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/\",\"url\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/\",\"name\":\"Mohegan Gaming Wins Major Ontario, Canada Casino Contract\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Fallsview-Casino-Resort.jpg\",\"datePublished\":\"2018-09-11T19:15:09+00:00\",\"dateModified\":\"2018-09-11T19:17:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/20db7dec4c6b349b19992217f9a7df7d\"},\"description\":\"Mohegan Gaming and Entertainment won the rights to secure the gaming rights to two casinos in Niagara Falls, as it sets its eyes on doing the same thing in Japan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/mohegan-gaming-wins-major-ontario-canada-casino-contract\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Fallsview-Casino-Resort.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/09\/Fallsview-Casino-Resort.jpg\",\"width\":1920,\"height\":800,\"caption\":\"Niagara's Fallsview Casino will be run by the Mohegan Gaming and Entertainment come this time next year. 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