OLG Makes First-Quarter Payment To Windsor
Thursday July 21st, 2016
Posted at 8:03pm
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The Ontario Lottery and Gaming Corporation issued the first-quarter non-tax gaming revenue payment of $3,429,188 to the City of Windsor for hosting Caesars Windsor. The first quarter covers from April to June, 2016.
Since May 1994, Windsor has received more than $31.1 million in non-tax gaming revenue.
“OLG gaming site revenue allows host municipalities across Ontario to invest in local priorities such as infrastructure, programs and services that help strengthen communities,” said Charles Sousa, Ontario’s Minister of Finance. “The people of Ontario also directly benefit from these funds which help support broader public services including health care and education.”
These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the funds municipalities 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.