OLG ISSUES SECOND QUARTER GAMING REVENUE PAYMENTS TO MUNICIPAL PARTNERS
SAULT STE. MARIE, ON – Ontario Lottery and Gaming Corporation (OLG) is excited to make second quarter (July 1 to September 30, 2021) non-tax gaming revenue payments totaling $31,333,453 to 27 municipalities which host gaming facilities.
“Our government is pleased that land-based casinos have reopened safely and are contributing to our provincial economy again,” said Peter Bethlenfalvy, Minister of Finance. “Host communities are once again benefiting from local employment and the financial proceeds that support vital services through Municipality Contribution Agreements.”
OLG makes payments to host communities under the Municipality Contribution Agreements, using a prescribed formula consistently applied across all sites in Ontario that is based on a graduated scale of gaming revenue at the hosted site or sites.
Under the province's reopening framework, with rigorous public health and workplace safety measures in place, gaming sites were able to resume operations beginning on July 16, 2021. Casino re-opening dates were determined by each service provider in consultation with OLG, depending on their readiness and ability to operate under the mandatory restrictions. All gaming sites in Ontario resumed operations by August 16, 2021.
The reopening of gaming sites will afford OLG’s service providers the opportunity to advance their ambitious development plans that will support the long-term vibrancy and excitement of the casino experience in Ontario for years to come.
Life to date, host communities have received more than $1.76 billion in non-tax gaming revenue.
OLG is a crown agency that develops world-class gaming entertainment for the Province of Ontario. Acting in a socially responsible way, OLG conducts and manages land-based gaming facilities; the sale of province-wide lottery games; Internet gaming; and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres. OLG is also helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided approximately $55 billion to the people and Province of Ontario to support key government priorities like health care; the treatment and prevention of problem gambling; and support for amateur athletes. Each year proceeds from OLG’s operations also support host communities, Ontario First Nations, lottery retailers and local charities across the province.
All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
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