Nevada-based Caesars and Florida-based Hard Rock have sophisticated customer tracking systems and use these programs to increase gambling traffic at all their properties, including existing Canadian casinos.Ĭanadian casino executives voiced concerns with U.S. bidders are making what Canadian sources say are aggressive offers because the American chains see an opportunity to link the Niagara Falls casinos to their global client loyalty programs. and Great Canadian Gaming Corp., opted to drop out of the bidding as the price of the Niagara Falls properties increased, according to sources involved in the sale. The two largest Canadian players in the sector, Gateway Casinos and Entertainment Ltd.
The OLG previously stated that it plans to announce the auction winner this summer. Sources involved in bids for the two properties, who requested anonymity because the sale process is confidential, say the three remaining bidders are Caesars Entertainment Corp., Hard Rock Cafe International Inc. (OLG) announced plans to sell long-term leases for Casino Niagara and Fallsview Casino Resort in April, 2017, as part of an initiative to modernize facilities and increase government revenues from all of the province’s casinos. gambling companies are in the final round of bidding for a pair of Niagara Falls casinos put on the block last year by an Ontario government agency, after Canadian rivals dropped out of a game that got too rich.
