Ontario municipalities receive $61M annually from current slots revenue system
Ontario municipalities receive $61M annually from current slots revenue system
12-07-2012
Ontario municipalities receive $61M annually from current slots revenue system
Further evidence your taxes likely will rise when the slots-at-racetracks program ends next March came last week when the treasurer for the town of Milton said residents could be hit with a tax increase of between 22 and 25 per cent without a cut of gaming revenue.
It was just the kind of message the beleaguered horse racing sector needed in its struggle to reach average citizens disinterested in the industry's plight and slow to appreciate the incredible economic benefits the slots-at-racetracks program provides to all Ontarians.
Linda Leeds, the director of corporate services/treasurer for the Town of Milton, said without the slot hall at Mohawk Racetrack, in Campbellville, or an alternative gaming site in the town, residents would have to make up a considerable financial shortfall.
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