Caesars Palace in Las Vegas, Neveda
Credits: REUTERS/Steve Marcus/
TORONTO - Hail Caesars -- another high profile Las Vegas casino is knocking on City Hall's door.
Jan Jones, an executive vice-president Caesars Entertainment Corp., confirmed the gambling giant is "most definitely" interested in a Toronto casino.
Caesars representatives will be visiting the city next week to get the lay of the land.
"We believe we could present a project that would benefit the city, that would grow tourism and that would be a part of the business community, not come in and try to replace (businesses)," Jones said Tuesday.
Jones predicted any investment by Caesars in Toronto would be well over $1 billion.
Earlier this month, Ontario Lottery and Gaming Corporation officials announced interested firms will have until mid-summer to express their interest in a Toronto-area casino.
City bureaucrats are now studying the pros and cons of putting a casino in Toronto.