OLG STATEMENT REGARDING ANTI-MONEY LAUNDERING REVIEW IN BRITISH COLUMBIA

TORONTO, ON – OLG takes the integrity of gaming seriously. OLG has confirmed with B.C. and Ontario regulators that Great Canadian is not under a criminal or regulatory investigation in British Columbia or Ontario for illegal activity involving money laundering. OLG is satisfied that Great Canadian (as part of Ontario Gaming GTA LP) will fulfill the opportunities in the GTA Gaming Bundle in a responsible way.

OLG undertook an open, fair and competitive procurement overseen by a Fairness Monitor in the selection of OGGLP as the service provider for the GTA bundle. In order to maintain the integrity and independence of procurement, the Province does not play a role in any of OLG’s procurement processes, including selecting the service provider for the GTA. Any regulatory or criminal investigation, sanctions or charges against Great Canadian would have required disclosure to OLG under our procurement process.

Like any gaming operator in Ontario, Great Canadian is registered with the Alcohol and Gaming Commission of Ontario (AGCO).   AGCO performs extensive and independent due diligence into current and past business conduct before registering any gaming operator. In addition, AGCO examines a gaming operator’s ability to act in accordance with the law, with integrity, honesty, and in the public interest.

OLG is working closely with BCLC, our counterpart in B.C., as well as regulators to exchange current information.  OLG continues to monitor developments in B.C. and if other issues arise, OLG will respond accordingly.

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $47 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
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OLG MAKES SECOND-QUARTER PAYMENTS TO GAMING SITE HOST COMMUNITIES

SAULT STE. MARIE, ON – The Ontario Lottery and Gaming Corporation (OLG) today issued second-quarter (July to September 2017) non-tax gaming revenue payments totalling $34,741,373 to 24 communities which currently host OLG facilities. To date, host communities have received more than $1.4 billion in non-tax gaming revenue.

“Revenues from OLG gaming sites allow host municipalities to invest in and upgrade their infrastructure and support various community organizations and initiatives,” said Charles Sousa, Minister of Finance. “The people of Ontario benefit from these gaming revenues through provincial investment in key public services like health care and education.”

These payments are made under an equitable formula that determines the funds communities receive for hosting an OLG gaming facility and are based on an escalating scale of gaming revenue that is consistent across all sites in Ontario.

At approximately $2 billion annually, OLG provides the Ontario government with its largest source of non-tax revenue. Modernization will help OLG provide more money to Ontario for hospitals and other government priorities.

In fiscal 2017-2018, the province will allocate $115 million in gaming revenue to support charities through the Ontario Trillium Foundation. Every year, the Government of Ontario allocates funding to the province’s problem gambling program for research, treatment and prevention. The amount for fiscal 2017-2018 is $38 million.

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $47 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
OLG.ca
Follow on Twitter @OLGtoday

PlaySmart.ca
“Know your limit. Play within it.”
Follow on Twitter @PlaySmartOLG

THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505

Disponible en français

CONTACT:
OLG MEDIA RELATIONS
1-888-946-6716

OLG MARKS START OF CONSTRUCTION OF NIAGARA FALLS ENTERTAINMENT CENTRE

NIAGARA FALLS, ON – Today Stephen Rigby, President and CEO of Ontario Lottery and Gaming Corporation (OLG), was joined by the Honourable Charles Sousa, Minister of Finance, Jim Diodati, Mayor of Niagara Falls, and Joe Dicosimo, President of Hospitality Resorts Inc., partner of the Niagara Falls Entertainment Partners GP, at the ceremonial groundbreaking of a new large-scale Niagara Falls Entertainment Centre (NFEC) in downtown Niagara Falls.

“Niagara Falls has always been a great draw for visitors and tourists, so it’s important we do what we can to drive economic development, create good jobs and attract more businesses to the region,” said Minister Charles Sousa. “Since the first casino opened 21 years ago, the province has made significant financial contributions to Niagara Falls. The new entertainment centre is a formidable project that will go a long way toward building long-term economic prosperity.”

Expected to open in 2019, the new entertainment centre will accommodate larger concerts, shows and attractions and is expected to draw more visitors to the City of Niagara Falls and OLG’s Niagara casinos.

“The development of the Niagara Falls Entertainment Centre demonstrates OLG’s commitment to enhancing the entertainment experience for our customers,” said Stephen Rigby. “Providing access to concerts, shows and attractions will help promote greater economic development and tourism activity while generating revenues for both the Province of Ontario and the Niagara Region.”

The state-of-the-art centre will invest approximately $132 million, feature more than 5,000 seats and create over 800 construction and entertainment industry jobs in the city and surrounding area. The NFEC will be located adjacent to Fallsview Casino Resort, next to the Hilton Hotel and connected to the casino by an enclosed pedestrian walkway.

“We are excited to break ground on this facility which will be a highlight to both the people of our community and our tourism industry,” said Mayor Jim Diodati. “Having an entertainment centre that can host big acts will bring more quality shows to Niagara Falls while encouraging continued economic growth as well. This is a big win for our City!”

“We are pleased to be a part of this exciting project,” said Joe DiCosimo. “The Niagara Falls Entertainment Centre will provide visitors to the Niagara Falls area with another exceptional first class experience.”

The future service provider for the Niagara Gaming Bundle will be responsible for day-to-day operation of the entertainment centre. OLG expects to announce the successful service provider for the bundle in summer 2018.

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $47 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
OLG.ca
Follow on Twitter @OLGtoday

PlaySmart.ca
“Know your limit. Play within it.”
Follow on Twitter @PlaySmartOLG

THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505

Disponible en français

CONTACT:
OLG MEDIA RELATIONS
1-888-946-6716