Can Casinos Do What Redevelopment Couldn't?

The faded Niagra Falls area is counting on the largest Indian-run gambling casino to do what years of redevelopment could not.

1 minute read

December 27, 2002, 1:00 PM PST

By Chris Steins @planetizen

"Niagara Falls is betting that slot machines and roulette wheels will spur the revival that decades of redevelopment failed to achieve. And it hopes to fire a warning shot across the river, where a rival city with a similar name -- and a bustling casino -- is raking in millions. The story of how Niagara Falls wagered its future on gambling shows the lengths to which a declining city will go to jump on the Indian gaming bandwagon, a booming $14-billion industry... And it highlights a new willingness by states to shore up their sagging economies with profits from Indian casinos."

Thanks to Chris Steins

FULL STORY: Hopes Rise With Casino at Niagara Falls

Friday, December 27, 2002 in The Los Angeles Times

Community / Economic Development New York

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