City Gets $327,408 Cheque From Gaming Revenues
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Ontario Lottery and Gaming Corporation (OLG) is excited to issue today a second quarter (July 1, 2021 to September 30, 2021) non-tax gaming revenue payment of $327,408 to the City of Sault Ste. Marie for hosting Gateway Casinos – Sault Ste. Marie.
Since May 1999, Sault Ste. Marie has received almost $32 million in non-tax gaming revenue.
“I am very happy to see that as a result of our province’s safe reopening plan, host communities of casinos like ours here in Sault Ste. Marie are once again benefiting from local employment and the financial proceeds that support vital services in our communities through Municipality Contribution Agreements”, said Ross Romano, MPP for Sault Ste. Marie.
OLG makes payments to host municipalities under the Municipality Contribution Agreements, using a prescribed formula consistently applied across all sites in Ontario that is based on a graduated scale of gaming revenue at the hosted site or sites.
Under the province’s reopening framework, with rigorous public health and workplace safety measures in place, gaming sites were able to resume operations beginning on July 16, 2021. Casino re-opening dates were determined by each service provider in consultation with OLG, depending on their readiness and ability to operate under the mandatory restrictions. All gaming sites in Ontario resumed operations by August 16, 2021.
The reopening of gaming sites will afford OLG’s service providers the opportunity to advance their ambitious development plans that will support the long-term vibrancy and excitement of the casino experience in Ontario for years to come.
Life to date, host municipalities have received more than $1.76 billion in non-tax gaming revenue.
