Ken Mann
2/12/2013
The City of Niagara Falls is dealing with some casino strife of its own.
Fallsview Casino has won an appeal of its property tax assessment and has been awarded a significant cut from 564 million dollars to 278 million dollars.
Mayor Jim Diodati says the 50% reduction is not fair, passes the burden on to the rest of the city's taxpayers and he worries how that will be viewed in the community.
The change means the Casino will pay almost three million less in property taxes to the City of Niagara Falls than it did in 2012 and almost three million less to the Region as well.
Ontario Lottery and Gaming has argued that the assessment was too high since Fallsview Casino opened almost a decade ago.
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