Windsor Gets Cheque For Hosting Caesars
Thursday October 23rd, 2014
Posted at 6:10am
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The Ontario Lottery and Gaming Corporation has issued a cheque to the City of Windsor for hosting Caesars Windsor.
The cheque is for second-quarter non-tax gaming revenue in the amount of $2,287,816. This covers from July to September.
To date, Windsor has received more than $14 million in non-tax gaming revenue.
“OLG gaming sites generate substantial revenues to the benefit of their host communities and all Ontarians,” said Charles Sousa, Minister of Finance. “Locally, municipalities are able to improve programs and infrastructure while additional revenues to the province are invested in important public services like health care and education.”
These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the fee municipalities receive for hosting an OLG gaming facility and are based on an escalating scale of slot machine revenue that is consistent across all sites in Ontario.