More than 400K paid to the city by OLG

NEWS RELEASE
OLG
*************************
Ontario Lottery and Gaming Corporation (OLG) today issued a second-quarter (July to September, 2018) non-tax gaming revenue payment of $403,414 to the City of Sault Ste. Marie for hosting Gateway Casinos Sault Ste. Marie.

In this fiscal year (2018-2019), Sault Ste. Marie has received $791,427. Since May 1999, Sault Ste. Marie has received more than $29.2 million in non-tax gaming revenue.

“OLG provides direct support to communities across Ontario through payments to municipal partners and local charities, and generates more than $4 billion in economic activity, including goods and services purchased from local businesses,” said Ross Romano, MPP for Sault Ste. Marie.

These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the funds municipalities receive for hosting a gaming facility and are based on a graduated scale of gaming revenue that is consistent across all sites in Ontario.

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

*************************