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MGM pitches Toronto casino project that would include circus, fine dining MGM, one of the world’s largest gaming companies, has proposed a casino resort project for Toronto that would include partnership with the world renowned Cirque du Soleil and a famous local chef. The plan includes a partnership with Cirque du Soleil, which would be the “centrepiece” of the resort, Murren said. As well, local chef Mark McEwan – owner and chef at several high-profile Toronto restaurants-- would help the resort create a “world-class dining experience.” While the revenue estimates of a Toronto casino have varied, Murren said MGM’s proposed resort would attract a million visitors to Toronto a year, who would spend $1 billion in related spinoff industries and create “thousands of … good-paying jobs.” He also said the integrated resort would create a number of cross-marketing relationships with other Toronto businesses. A report released by the city manager in November said Toronto could see as much as $27 million generated annually from a gaming complex in property taxes alone. A standalone casino could generate up to $10 million. Exhibition Place would be the best location for a casino and the casino could help revitalize the adjacent Ontario Place entertainment complex. He added that traffic flow would be redirected to preserve heritage buildings and transit infrastructure. |
Sounds interesting!