One of the most desired tourist attractions to visit in North America is Niagra Falls. More than 30 million tourists visit Niagara Falls every year, and Casino Niagra and Fallsview Casino are currently up for sale. With two of the top casino companies running for the bid dropping out, there are three American companies still in the game.
Niagra Falls Casinos – What is Happening
The Fallsview Casino Resort is attached to the Hilton Hotel which is located right next to it. They are connected with several walkways, and the casino has a gaming area of 200,000 and 1,300 slot machines. It also has 130 table games to keep visitors entertained. The table games include baccarat, roulette, craps, poker, and blackjack. The casino even has 20 different restaurants to choose from and a theatre that seats 1000 for live performances held there.
Casino Niagra has half the gaming space as the Fallsview Casino Resort but has the same amount of slot machines. It also has fewer tables, but it does offer more variety of table games. They offer many different varieties of poker games as well. The casino features three restaurants, and this casino attracts a much different type of customer than the Fallsview Casino. It is more equipped for the day tripper who wants to have a little fun and then head home.
It is also an option to be able to wager $5 or less per game when playing the slot machines while the Fallsview typically requires a much higher wager than $5. The Fallsview is more for the tourist who plans on staying for a much longer vacation and it is a great destination for honeymoons as well. It has a very elegant feel to it, and it offers many conveniences and options that Casino Niagara just does not offer.
The companies in the bidding game for the two casinos will be able to lease them for 20 years and the winner often bid will be announced later in the year. Caesars Entertainment is one of the largest gaming companies in the entire world and has shown interest in the bid. The Mohegan Tribe has also shown some interest, but they do not have a great track record of successful operations of casinos. The Ontario government is also wanting to earn some revenue form the casinos. Both are wanting to include online as well as on-site sportsbooks at their Atlantic City casinos.
Caesars brings in a revenue of over $8 billion and Hard Rock Entertainment just purchased as well as renovated a casino in Atlantic City.
There is not currently a Canadian company in the game, and the Ontario government has shown concern because it is thought that is an American company wins the bid, Canada will not gain any additional revenue. American casinos tend to lean heavily on the single sports gaming side of things as well. American companies also have ties to New Jersey or New York and gamers will be drawn towards the American side of the casinos rather than the Canadian side.