NEWS RELEASE
ONTARY LOTTERY AND GAMING CORPORATION
*************************
SAULT STE. MARIE – Ontario Lottery and Gaming Corporation (OLG) today issued a first-quarter (April 1 to June 30, 2019) non-tax gaming revenue payment of $2,097,730 to the Town of Innisfil for hosting Gateway Casinos – Innisfil.
Since November 2001, Innisfil has received more than $83 million in non-tax gaming revenue.
“OLG has established tremendous partnerships with host municipalities and the revenue generated at these local gaming sites is helping to improve the quality of life for individuals and families right across the province,” said Andrea Khanjin, MPP for Barrie—Innisfil.
“These funds are invested in plenty of important projects, including much needed investment in local infrastructure, community programs and services, roads and public transit,” Khanjin said.
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.
OLG provides the Ontario government with its largest source of non-tax revenue from Government Business Enterprises. In 2017-2018, this amounted to $2.49 billion.
*************************
