Through a competitive procurement process, the Ontario Lottery and Gaming Corp. (OLG) chose Mohegan Gaming & Entertainment (MGE) to run an integrated casino resort in Niagara Falls for the next 21 years, starting next summer. Terms of the deal were not disclosed.
Mohegan will now operate Niagara Fallsview Casino and Casino Niagara, and the currently under construction 5,000-seat Niagara Falls Entertainment center. MGE is tasked with ensuring the long-term competitiveness of the Niagara gaming market — “particularly in relation to markets across the border,” OLG President Stephen Rigby said in a statement.
“As the operators of one of the most successful arenas in the U.S. over the last 15 years, we are eager to put our experience to work and establish Niagara Falls Entertainment Centre as one of Canada’s top-ranked venues,” said Anthony Casdia, a senior vice-president at MGE, referring to the Mohegan Sun in Uncasville, Connecticut.
MGE also operates Mohegan Sun Pocono in Pennsylvania, the Resorts Casino Hotel in Atlantic City, the Ilani in Washington, the Paragon Casino Resort in Louisiana, and the $5 billion Inspire at Incheon International Airport near Seoul, South Korea. The first phase of the Inspire project is scheduled to open in 2021.
Tony Bitonti, spokesman for OLG, said Mohegan is “expected to invest billions of dollars in capital development — creating thousands of well-paying jobs in the gaming industry and thousands of additional jobs through broader economic development.”
While Mohegan won the Niagara Falls bundle, Hard Rock International was awarded another bundle in Ottawa. OGL structured the bundles to compete within their respective markets.