What's Happening in Hamilton, ON…

The Slots at Flamboro Downs in Hamilton are facing an uncertain future, as the important revenue source for the city of Hamilton may close down if viable alternatives for revenue are found.

Last year, the city made $4.5 million from the Flamboro Downs slots, representing approximately 0.6% of the total tax rate. Anger and controversy may cause the city to lose the revenue from the 800 slots, however, meaning a revenue shortfall for the city.

Local printing companies will keep profiling the casino debate and provide promotion for the future developments of Flamboro Downs. The important issue of city revenue has drawn equally passionate supporters and opponents of the debate.

The city of Hamilton has already been cutting back on the departmental budget to subsidize low tax increases over the past few years. Revenue generating ideas for the city include implementing fees for swimming lessons, museum admissions and ice rental fees. As a last resort, raising taxes could be an option. On the other hand, the Ontario Lottery and Gaming Corporation has indicated that the city could accommodate up to 1,200 slots, generating a potential $5 million and $7 million annually.

Printing companies will have the opportunity to present all angles of the gaming debate to Hamilton residents through a variety of printed materials, including flyer printing mailed to residents and brochure printing explaining the potential spending cuts and revenue increases.

Public input on the important decision will likely be sought before the city of Hamilton makes its final financial decision.