There are so many big IF in this story, that it can go both ways!
1. Does the city approves to get a casino or not
2. Does the OLG grants a casino to Toronto
3. Does it gets built downtown or on the outskirts
4. Is MGM selected as the manager over Ceasars, Wynn or any other company
Quote:
Originally Posted by Martin Mtl
When the project of 3 huge towers in the theatre district of Toronto was announced a month ago, the promoter said that he wanted to demolished the Princess of Whale theatre because of the decline of the big theatre shows in Toronto (link here: http://www.nowtoronto.com/stage/stor...content=188880). Toronto is not Las Vegas. I don't think this will fly, with or without a casino. But if it does, good for Toronto and good for the Cirque!
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Big theater shows don't draw that many tourists, it's all the same broadway shows all over the world, just different distributions! Whether you go to NY, London, Paris or Toronto, you'll find a showing of The Phantom of the Opera, Lion King, Mama Mia or Cats! A cirque du soleil show does draw people from around the world on the basis that it's unique to a location (speaking of permanent venues)
However, it is to be noted that this has failed in Macau, where the only activity that was of interest for the visitors was gambling!