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$344,906

NEWS RELEASE ONTARIO LOTTERY AND GAMING CORP. ******************** OLGC distributes $344,906 to Sault Ste. Marie April 20, 2006 - Sault Ste. Marie received $344,906 today for hosting Casino Sault Ste. Marie.
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NEWS RELEASE

ONTARIO LOTTERY AND GAMING CORP.

******************** OLGC distributes $344,906 to Sault Ste. Marie April 20, 2006 - Sault Ste. Marie received $344,906 today for hosting Casino Sault Ste. Marie.

The payment was for the host municipality's fourth- quarter share of slots revenue (January to March 2006).

To date, Sault Ste. Marie has received more than $11.3 million in non-tax gaming revenue.

Payments are made on a quarterly basis according to the government fiscal year, which runs April to March.

Casino Sault Ste. Marie opened on May 19, 1999.

Since opening, the facility has attracted more than 6.6 million visitors.

In total, Ontario Lottery and Gaming Corp. (OLGC) issued more than $16.11 million in fourth-quarter non-tax gaming revenue payments to 22 host communities of slots at racetracks and charity casinos.

Since these programs were launched, OLGC has distributed $396.88 million to host municipalities of gaming facilities.

Each charity casino host municipality receives five per cent of the casino's gross slot machine revenue.

Funds are used at the discretion of the municipality.

Revenue from Ontario's charity casinos supports $100 million annually for the province's charities.

This money is distributed to charities through the Ontario Trillium Foundation.

A portion of the annual gross revenue from slot machines at charity casinos and slot facilities at racetracks goes to the Ministry of Health and Long-Term Care for problem gambling research, treatment, prevention and public awareness.

The amount for fiscal 2005/2006 was estimated at $36 million.

Casino Sault Ste. Marie is owned, operated and managed by OLGC.

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David Helwig

About the Author: David Helwig

David Helwig's journalism career spans seven decades beginning in the 1960s. His work has been recognized with national and international awards.
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