Caesars Windsor Casino has started to search for a new operator as its current contract with Caesars is set to end in 2025.
The Ontario Lottery and Gaming Corporation (OLG) has proactively taken early steps to ensure the casino remains operational beyond the contract expiration.
Firmly established itself as a top gambling hotspot in the region, the Windsor Casino is a major contributor to the local economy. Thus, choosing a new operator is a crucial decision that demands careful consideration.
With an expansive gaming floor spanning over 100,000 square feet, the casino boasts 2,300 slot machines, 85 gaming tables and even sports betting options. Not only does it create jobs, but it also generates millions of dollars in annual revenue.
The OLG has issued a Request for Pre-Qualification (RFPQ) to invite interested parties to submit bids for managing the iconic casino property. It has specified that only companies with experience managing a large gaming resort will be considered, narrowing the options to a select few established operators.
While Caesars Entertainment has done a decent job as the current operator, it can still partake in the selection process and keep its operating rights.
OLG president and CEO Duncan Hannay expressed enthusiasm in commencing the process to secure Ontario’s prominent status as a premier casino destination.
“Selecting a highly qualified service provider … will ensure the long-term competitiveness of the site while continuing to generate economic benefits for the local community.”
Duncan Hannay, OLG president and CEO
Eligible companies will have to submit a Request for Proposal (RFP) outlining their vision for the resort. The ideal candidate must possess the experience, resources and strategic outlook needed to effectively manage the property and generate maximum revenue for the province.
Finding the right operator can be a complex, time-consuming process, which is why the OLG has initiated the selection process over a year in advance.
Furthermore, choosing a new operator will have far-reaching impacts beyond just the casino itself. The city of Windsor relies on approximately $10 million in annual payments from the casino, and it serves as a significant source of employment in the area.
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