NPAC Forums
NPAC Forum => General Discussion => Topic started by: Warren Toda on March 01, 2021, 04:15 PM
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No, that's not a joke. Torstar's new owners are starting an online casino in Ontario (https://www.cbc.ca/news/business/torstar-casino-1.5931827) to fund journalism.
Torstar is already involved with car and home insurance, a chain of golf stores, parcel delivery, online auto sales, and a half dozen other businesses. I guess those fund journalism, too.
My parents said that, at one time, Torstar used to be in newspapers.
A casino to fund journalism? I'm surprised Torstar hasn't partnered with a marijuana grower and a chain of cannabis stores. Oh wait, is that still in the works?
The goodwill the Toronto Star built up over the past century is worth more than the newspaper itself and the new owners know this. It will be a shame to watch it fade away over the next decade.
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So it's betting on Journalism! Is it giving odds?
Words to live by. When in doubt ,do the right thing. If you can't do the right thing, then do the wrong thing. The worst thing to do is nothing at all. Gambling may be the worst thing but owning the casinio is doing something.
The Toronto Star at one time was in the romance novel business, Harlequin novels actually supported the newspaper business during the decline. How weird was that?
The Winnipeg Jets are running a pretty good online 50/50 draw with no fans in the stands.
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I'm surprised Torstar hasn't partnered with a marijuana grower and a chain of cannabis stores. Oh wait, is that still in the works?
Torstar Papers: smoke 'em if you got 'em? ::)