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OLG hands $357,669 in casino winnings to the city

This makes $25.2 million since 1999
gambling

NEWS RELEASE

OLG

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The Ontario Lottery and Gaming Corporation (OLG) issued the third-quarter (October to December, 2015) non-tax gaming revenue payment of $357,669 to the City of Sault Ste. Marie for hosting OLG Casino Sault Ste. Marie.

Since May 1999, Sault Ste. Marie has received more than $25.2 million in non-tax gaming revenue.

“Revenues generated from OLG gaming sites allow host municipalities to invest in local priorities such as building infrastructure and providing support to local community organizations,” said David Orazietti, MPP. “These funds also directly benefit the people of Ontario through vital public services like 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.

At approximately $2 billion annually, OLG provides the Ontario government with its largest source of non-tax revenue.

Modernization will help OLG provide more money to Ontario for hospitals and other government priorities.

In fiscal 2015-2016, the province will allocate $115 million in gaming revenue to support charities through the Ontario Trillium Foundation.

Every year, the Government of Ontario allocates funding to the province’s problem gambling program for research, treatment and prevention.

The amount for fiscal 2015-2016 is $38 million.

OLG is a provincial agency responsible for gaming facilities, the sale of province-wide lottery games, the PlayOLG Internet gaming web site and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres across the province.

Since 1975, OLG has provided nearly $42 billion to the Province and the people of Ontario.

OLG’s annual payments to the province have helped support the operation of hospitals; prevention, treatment and research of problem gambling; amateur sport through the Quest for Gold program; and local and provincial charities.

OLG was a Premier Sponsor of the TORONTO 2015 Pan Am / Parapan Am Games.

All for Here - 100 per cent of OLG’s proceeds are invested in Ontario, olgallforhere.ca

Follow us on Twitter @OLGtoday, olg.ca

“Know your limit. Play within it.” THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505

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