Wasaga Beach has decided to roll the dice on a new casino in town.
Mayor Brian Smith made the announcement today, saying the location of this complex is yet to be determined.
“This is absolutely delightful news for our community,” Mayor Smith said. “Our team at town hall has worked diligently with Gateway the last four to five months to ensure Wasaga Beach was the chosen location for a casino. I want to thank everyone for all of the hard work that went into this project and I want to welcome Gateway to Wasaga Beach, the greatest waterfront small town in the world.”
He adds that while this will certainly bring in more tourism, local residents will benefit too.
“We anticipate around 400 well-paying jobs due to the casino and that is fantastic news for people who live in Wasaga Beach,” he said. “I am also excited by the fact our town can expect a dependable revenue stream from the casino, anywhere from $1.5-mllion to $2-million annually. For a town that is already in superb financial shape, the additional revenue from the casino is icing on the cake.”
Five locations are being considered for the 45-thousand square foot facility. Four-hundred jobs will be created. An opening date has yet to be determined
Collingwood was also being considered.
The casino will be operated by Gateway Casinos and Entertainment, who already operate gambling centres in Ramara and Innisfil.