Thursday, August 23, 2012

Rob Ford meets with casino billionaire Adelson

Sheldon Adelson, the U.S. billionaire owner of the Las Vegas Sands casino empire, met privately with Mayor Rob Ford in the mayor?s city hall office Thursday.

The pair presumably spoke about Adelson?s interest in building a casino resort on Toronto?s waterfront. Sands signalled interest, along with MGM Resorts International, Caesars Entertainment and others, after the Ontario government said it will build one new casino in the GTA.

The province has said it won?t force the casino on an unwilling municipality. Toronto city council will have what is expected to be a ferocious debate this fall on whether to give the province, and casino suitors, a green light.

The mayor has said he would welcome a casino if it would bring jobs and revenue to the city. But his shaky hold on council makes the vote, to come after a staff report on possible benefits and downsides, uncertain.

Adelson, 79 ? getting lots of attention at home as the biggest Republican donor ahead of November?s presidential election ? sounded cautious about the casino opportunity after meeting with Ford.

?There?s lots of ifs,? Adelson said.

Source: http://www.thestar.com/news/gta/article/1246066--mayor-rob-ford-meets-with-u-s-casino-billionaire-sheldon-adelson

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