The president/CEO of the Nova Scotia Provincial Lotteries and Casino Corporation responded to a request from the Municipality of Yarmouth on the subject.
Robert MacKinnon said the corporation undertook an initial assessment of the market potential for a casino in the Yarmouth area, using the Halifax and Sydney casinos as a guide.
It concluded that while the Halifax and Sydney areas may have some similarities, they may not entirely compare to the Yarmouth area in terms of travel patterns, experiences, and expectations of tourists.
Also, while the Halifax and Sydney casinos may be scalable to fit a facility here, a clearer sense of costs to determine if the expected revenue would support the day-to-day operation of a smaller casino is needed.
“Given this, NSPLCC believes that further assessment is needed to determine the feasibility of introducing a casino gaming facility in Yarmouth,” said Mackinnon.
The corporation will begin the next phase of assessment in the 2013-14 fiscal year.