OLG Mum On Contingency Plan
If the Ontario Lottery and Gaming Corporation has a contingency plan in the event of a Caesars Entertainment bankruptcy, it’s not saying.
Caesars is grappling with a $24.2-billion debt, the company is said to be in talks with creditors. Caesars Entertainment has a contract to operate Caesars Windsor, but it’s the OLG that owns the building and all the assets inside it.
In an email exchange with OLG spokesperson Tony Bitonti, BlackburnNews.com asked if the provincial corporation has a contingency plan should Caesars Entertainment go into bankruptcy. It asked if there has been any discussion at the OLG about taking over operations at the Windsor casino or if the corporation would hire a new operator. Bitonti responded: “It would be inappropriate to speculate on any potential changes to Caesars Entertainment Corporation. OLG continues to monitor the situation with Caesars Entertainment Corp. closely.”
Bitonti also wrote, “it is business as usual at Caesars Windsor which continues to serve as a world-class destination offering top quality entertainment.”