In Canada the town of Ajax and the city of Pickering have received some good news after it was announced that casino quarrel that staked millions of tax dollars on the line has been resolved.
The Great Canadian Gaming Corporation announced back in spring 2017 that it was throwing its support behind a casino build in Pickering that would have meant the closure of the Ajax Casino, unsurprisingly in Ajax, when the former opened in Q4 2019.
The decision to not allow the two venues to operate simultaneously was made by the province’s previous government and this has now rather sensibly been overturned.
An agreement between Red Phillips, minister of Ontario and new Ajax MPP will see the venue continue to operate up until 2026, with an option for a further 12 years after that.
Since its opening in 2006 the casino has generated close to $62m (CA80m) for the town, something that would have been difficult for officials to account for, to say the least.
Phillips had made keeping the venue open one of the key tenets of his ministerial campaign and appears to be making good on this. Such is not without caveats however, for to ensure its continued operation Ajax Casino will drop its slot holding from 800 to 500 units and continue to provide funding for the region’s quarter-horse racing industry.