Issue 75
February 12 - 18, 2002
Volume 2
page 2

Automotive Heartland Gets Boost From Casino Complex

St. Catharines-Niagara, Canada - The construction of an $800-million casino complex is set to catapult St. Catharines-Niagara, Ont., from Canada's second-worst performing metropolitan area to the top of the economic growth leagues, according to a study released on Feb 11.

In a graphic illustration of how the service sector is continuing to elbow out manufacturing in all corners of Canada, the casino is set to transform the hardhats and steel-toed boots of the gritty General Motors region into one that is dominated by 24-hour slot machines, a hotel and health spa, and performing arts centre.

"Some of it is recovery from last year but the edge they have is the casino, which is a mammoth level of investment for a small city," said Louis Thériault, associate director of the Conference Board of Canada, which ranked the growth prospects of 18 small and large cities across Canada.

Meanwhile, the casino complex next door in Niagara Falls will include a 368-room Hyatt hotel and extensive meeting and conference space in addition to extensive gambling facilities. Employment in the region is expected to rise 2.5% this year after contracting 2% in 2001.

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Activity stemming from the casino will push St. Catharines ahead of the oil-rich cities of Edmonton and Calgary in growth this year, the study shows.

Wisconsin Tribe Applies for Casino in the Catskills - WI - A Wisconsin tribe, the Stockbridge-Munsee Band of Mohican Indians, has applied for federal permission to build a casino in the Catskills. The tribe submitted an application to the Bureau of Indian Affairs (BIA) Monday to place 333 acres of land in trust near Monticello for a $600-million casino. The tribe estimates the casino complex will draw up to 6 million patrons annually and create 5,000 new jobs. "This is an important step forward for the Stockbridge-Munsee and for the people of Sullivan County," said tribal president Robert Chicks. It is unclear how long the BIA will take to review the application. (The BIA has been considering an application by the St. Regis Mohawks to build a casino in Monticello for nearly a year.) Michael McKeon, a spokesman for New York Governor George Pataki, says that talks with Indian tribes can begin after the BIA approves the proposals: "We're ready and willing to talk to them when they get their land into trust."

Las Vegas Casino Developers Have Plans for Macau - SINGAPORE - With its newly-acquired Macau gaming license, Las Vegas Sands Inc., in cooperation with a local group called Galaxy Casino, plans to construct a casino similar in scale and features to its flagship Venetian casino resort on the Las Vegas Strip. The Macau casino will have a Venetian theme – canal and all – and offer 500 to 1,000 hotel rooms, about 150,000 square feet of casino space, and a large convention area. "It will have a lot of common elements (with the Venetian in Las Vegas), but it will be different at the same time. We want to salute Asian culture," says Brad Stone, executive vice president of Las Vegas Sands. The Las Vegas Sun reports that Steve Wynn, another of the three Macau license holders, is eager to get started on his own Macau project, “That's what turns me on in life, building stuff that makes people say, 'Wow.' The opportunity to be the first American company (in Macau) to do the kind of things we do there, to make the best hotel in Asia, is so delicious that it's irresistible,” says Wynn. "It's not about money, although I have no reason to believe it won't be profitable. It's about personal gratification." Wynn and Venetian owner Sheldon Adelson will begin negotiations with Macau officials Feb. 18.

NSYNC with Genuwine

NSYNC will perform with Genuwine at MGM Grand Hotel Casino's Grand Garden Arena on March 15.

‘N Sync became a worldwide sensation in 1998 when the Orlando, Fla.-based band’s self-titled debut was released in Germany, followed by the United States, and became a monster hit. The album went on to sell 10 million copies and produced four No. 1 hits.

Best known for their energetic pop harmonies, ‘N Sync is best known for the songs “Tearing Up My Heart,” “Bye Bye Bye,” and the ballad “This I Promise You.”

$50.00, $75.00, $100.00

7:30 p.m.

For more information please call: (800) 646-7787
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