Depending on who you ask, Rexdale could be host to the next Las Vegas Strip — or a new proposed casino could suck money from the local economy.
Reaction to a possible gambling house varied yesterday. As the TTC wavers and the mayor threatens to cut services, city councillors have suggested gambling revenues from a possible casino at the recently approved Woodbine entertainment complex could save the ailing municipal budget, bringing in hundreds of millions of dollars per year.
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The Woodbine Live development, near highways 409 and 427, which will build shopping centres, clubs and a hotel around the Woodbine racetrack, is expected to add 10,000 jobs and revitalize a neighbourhood better known for violence and poverty.
Absent from the plan was a full casino, though Woodbine already has about 2,000 slot machines. But early this week, the area’s counsellor, Rob Ford, said the plans left a gap for one, should the provincial government lift its cap on them.