Gambling heavyweights Caesars Entertainment and Malaysian conglomerate Genting Group are vying for the sole control of gambling operations in Ontario as it position itself as Canada’s premier gambling hub.
The Globe and Mail reported that the Ontario Lottery and Gaming Corp. has trimmed down the number of operators vying for the control of Greater Toronto Area’s gambling operations to three as the bidding process reached the final round.
According to the report, the chosen operator will oversee the gambling at Toronto’s Woodbine racetrack, Ajax Downs and the Great Blue Heron Casino in Port Perry. Citing unnamed sources, both Caesars and Genting are still in the running to become Ontario’s next gambling operator.
Also vying for the coveted venture was Canada’s Brookfield Asset Management. The three operators all declined to comment on the report.