The Ontario Lottery and Gaming Corporation (OLG) today issued a third-quarter (October to December, 2014) non-tax gaming revenue payment of $317,589 to the City of Sault Ste. Marie for hosting OLG Casino Sault Ste. Marie. To date, Sault Ste. Marie has received more than $23.7 million in non-tax gaming revenue.
“Municipalities are able to strengthen the delivery of municipal services as well as improve infrastructure with revenues from OLG gaming sites,” said David Orazietti, MPP. “In turn, revenues to the province support continued investment in important Ontario public services like health care and education.”
These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the fee 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 2014-2015, 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 2014-2015 is $39 million.