20 game tables, attracting more customers and contributing to the development of the local economy.
Construction of showline casino Peterborough at 1400 Crawford Drive, Peterborough, Ontario began in September 2017. Construction has been delayed somewhat this winter due to bad weather, but construction is going on as scheduled and the grand opening is expected in late August or early September. This is what the new property developer, project director David Rob, and showline slot general manager Brian Buchanan, said in a TV interview this week.
About 75 construction workers are currently employed in the project, which has invested C$49 million. The cost of the new property is significant, especially considering it is relatively smaller compared to other gambling facilities in Ontario. However, the coastline casino Peterborough will serve a small community with 500 slot machines and 22 gaming tables, giving customers the opportunity to play roulette, blackjack or poker. Buchanan told Canadian media channel Global News that there will be two restaurants with a gaming space, one of which will be a buffet restaurant, and the other will offer lacarte services.
According to David Rob, the roof installation is almost complete and as the weather is expected to peak in the coming weeks, builders will start working outside. The 30,000-square-foot property should be ready for grand opening in August or September, but a 100-room hotel and a 500-seat concert hall have also been proposed as part of the project.
Not everyone is crazy about the casino opening
The casino complex currently under construction at Crawford Drive and The Parkway will be operated by Ontario Gaming East Limited Partnership (OGELP). Great Canada Gaming Corporation, one of Canada's largest gambling companies, is the partnership's majority shareholder and weekly operator, while the other is Brookfield Business Partners. OGELP signed a 22-year casino operation and service contract with Ontario Lottery and Gaming Corporation (OLG) in January. OGELP operates OLG's East Gaming Bundle and is currently responsible for three properties: Showline Casino Southern Island, Showline Casino Bellville and Showline Slots in Kawarta Downs.
The new casino in Peterborough is replacing the Kawarta Downs slot lounge and is expected to import around C$3 million in touchgo annually. The 150 employees at the existing site will also move to the new building, and another 150 jobs will be created. But not everyone in Peterborough is so enthusiastic about the new casino, despite the many opportunities. In a recent poll commissioned by Mississaugas of Scurgog Island First Nation, 60.7% of city residents said they were against gambling facilities. Only a quarter of those surveyed supported the casino expansion, while just over 14 percent said they were unsure.
According to a poll conducted by Toronto-based Daisy Consulting Group, 80.9% of Peterborough residents have never visited the current location in Kawarta Downs. This raises the question of how successful the new casino will be. And in order to be beneficial to the community, you have to generate enough revenue
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