During the first round of the NHL playoffs, spending in bars and restaurants near Scotiabank Arena surged, with a notable 30% increase during Game 4. This reflects the excitement and engagement of Toronto Maple Leafs fans as they followed their team. Despite the pressure of the Senator's victories, the increased attendance and expenditure highlight the correlation between high-stakes games and consumer spending. Previous playoff rounds showed even higher increases, suggesting a strong economic impact stemming from the teamâs performance in the playoffs.
"When we take a look at the results for round one for the Toronto Maple Leafs, what we see is some pretty significant increases for local bars and restaurants."
"Typically, as the stakes get higher, spending gets higher."
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