OLG Makes Second-Quarter Payment To Windsor
Friday October 21st, 2016
Posted at 11:10am
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The Ontario Lottery and Gaming Corporation has issued a non-tax gaming revenue payment of $2,456,976 to the City of Windsor for hosting Caesars Windsor. This covers July to September.
“Revenues from OLG gaming sites help municipalities invest in infrastructure projects and support important community initiatives,” said Charles Sousa, Ontario’s Minister of Finance. “These funds also support vital public services such as health care and education for the benefit of the people of Ontario.”
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.
Since May 1994, Windsor has received more than $33.6 million in non-tax gaming revenue.