|The New 'Casino Nova Scotia' - Halifax
Nonetheless, other opponents grumble because the Sheraton-owned casino maintains its head office in New York. Spokespersons for the $100 million dollar casino, however, defend against complaints that the new facility will derive the major part of its revenues from local citizens.
Nova Scotia Gaming Corp. president Marie Mullally stated that the opulent new waterfront structure is expected to be a tourist draw with its own destination appeal, yet that remains to be seen. The pre-existing casino which operated on a temporary basis over the last five years, illustrated that 75-80% of its patrons were Nova Scotians.
While the marketing plans for the newly launched casino have yet to bear fruit, it would be an intriquing little twist to encourage the international tour industry to book casino excursions to the Halifax casino (and to the Sydney operation as well for that matter). That way, foreign dollars would return to foreign bank accounts, and Halifax would still reap the benefit in spin-off revenues. That's not such a bad deal when you think about it.
Foreign investment can build a casino, an amusement park, a spa or what have you, and promote it to the global travel circuit to book up the cruise ships and air charters. Nova Scotians in turn, can market their hospitality industry and souvenir items and be employed in the casino. According to the Halifax casino operators, the 'Vegas style' facility will provide 750 local jobs.
while Nova Scotian patrons comprised 75% of attendance in l999, the Provincial
Government boasts their year-end revenues at $77 million. How this translates
to 'dollars in' and 'dollars out' of the province would require just a
tad more research... but it doesn't take much brainwork to know that Nova
Scotian gamblers are lining not only government coffers, but those of
large international corporations as well.
"The best time
to plant a tree was 20 years ago. The second best time is now".
home · about · contact · linkup · advertise · forum