OLG Hands Over Cheque For Hosting Caesars Windsor
Monday July 21st, 2014, 7:13pm
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The Ontario Lottery and Gaming Corporation has handed over a non-tax gaming revenue payment of $2,989,510 to the City of Windsor for hosting Caesars Windsor. This covers the period between April and June.
To date, Windsor has received more than $11.7 million in non-tax gaming revenue.
“Host OLG communities benefit in many ways from their partnerships with local gaming sites, including increased tourism and job opportunities,” said Charles Sousa, Minister of Finance. “In addition, these gaming revenue payments allow municipalities to invest more in their local priorities and infrastructure projects.”
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.
