State presents Niagara Falls $3 million to boost casino area

Published on : Monday, July 3, 2017

Niagara FallsNew York State is ready to allocate $3 million to Niagara Falls, particularly for the one-to-two mile radius around the Seneca Niagara Casino.

 

The officials have started calling this area as the ‘Niagara Falls Tourism Target Zone’.

 

This amount was set aside in the state budget of this year as well as last year. It actually is pooled from the state’s share of casino payments from the Seneca Nation. From these funds, the county IDA would award grants to accepted projects.

 

Currently, the plan is not only to fund them, but also to draw in some amount of private investment. People proposing a project would need to contribute at least 20% of the cost. The local leaders are keen to attract business towards the casino to generate revenue and also to benefit the different portions of the city of Niagara Falls.

 

The nation mentioned that it is willing to support efforts to attract private investment and tourism to Niagara Falls and hopes others would also come forward to build upon the momentum that it had been a part of.

 

 

 

Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 07 miltcongress 2018
  • 08 theleisureshow 18
  • 09 cibtm 2018
  • 09 Seatrade Cruise Med 2018
  • 10 ITE-HCMC 2018
  • 13 aite 2018
  • 15 TravelDaily TDC 18
  • 16 OTDYKH 2018
  • 17 Hotel Show dubai 18
  • 18 hospitalityqatar 18
  • 18 Hotel Management Asia Summit 2018
  • 18 thincindonesia 2018
  • 19 bricsaconsulting 2018
  • 20 CITE_TTW 2018
  • 20 europecongress 18
  • 20 sahicsouthamerica 2018
  • 21 bitmchina 2018
  • 22 Hotel Management Singapore Summit 18
  • 23 PTM 2018
  • 30 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com