Comment 83914

By jake (registered) - website | Posted December 14, 2012 at 10:52:12

Good morning. I'm going to come out of lurking on RTH for a few minutes.

First, I'd like to say that I am in no way against a casino for social or moral reasons.

That said, I'm surprised no one's talked about the (potential lack of) commercial viability of a casino in Hamilton. The OLG is relatively opaque with its revenue and profit figures for each of the individual casino operations, but I would be very interested in any feasibility studies they've done to date.

If I were a private developer looking to open a casino, I would think I would first look at Markham, Toronto, or Oakville, simply because the demographics are better.

This is not NIMBYism - I question whether a casino in Hamilton is the best use of capital for OLG. The government (and by extension, OLG) has a responsibility to the taxpayers to use public funds in the most efficient way possible.

Comment edited by jake on 2012-12-14 10:56:41

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