OLG NEWS
Find news releases from OLG and learn more about all the exciting things happening with our games, and our company.
OLG NEWS
Find news releases from OLG and learn more about all the exciting things happening with our games, and our company.
12-03-2012
BACKGROUNDER - WHY GAMING IS IMPORTANT TO ONTARIO
• Since 1975, OLG has generated more than $34 billion for the benefit of the Province of Ontario.
• In fiscal 2011, OLG operations generated $3.7 billion in total economic activity in Ontario.
Contribution to the Province – just under $2.0 billion
• $1.8 billion – Funding for hospitals, health-related programs and other provincial priorities such as education.
• $120 million – Gaming proceeds for local and provincial charities.
• $10 million – Support for amateur athletes through the QUEST FOR GOLD program
Corporate Social Responsibility – $61 million
• $52.1 million – Partnering with government and independent agencies in the education, research, prevention and treatment of problem gambling.
• $1.9 million – Sponsorship of worthwhile community and local festivals and music events in support of community partners and the OLG brand.
• $7.1 million – Charitable gaming proceeds distributed to participating local charities.
Support for Local Economies – $1.7 billion
• $50.8 Million – Goods and services purchased from local Ontario businesses*.
• $946.6 Million – Payroll for 7,700 direct employees and more than 10,500 employees at the Resort Casinos.
• $223.6 Million – Lottery commissions are paid to OLG’s 10,000 lottery retailers for sales, prize redemptions and for selling jackpot winning tickets.
• $92 Million – Municipal contributions in the amount of five per cent of slot machine revenues from the first 450 machines and two per cent from each additional machine are made to those municipalities that host OLG Slots and Casino**.
• $345 Million – Payments to Ontario’s horse racing industry.
Lottery Prizes - $1.7 Billion
• OLG awarded more than $1.7 billion in lottery prizes to our players.
These figures are based on the period April 1, 2010 to March 31, 2011
*excludes Resort Casinos
**Does not include the Mississaugas of Scugog Island First Nation that hosts the slot machine facility at the Great Blue Heron Charity Casino
Copies of the report are available at www.olg.ca
For further information: OLG Media Relations, 1.888.946.6716