The City of Sault Ste. Marie along with the Ontario Lottery and Gaming Corporation (OLG) recognized the economic impact and benefits of being a host gaming site at tonight’s Council meeting.
Jake Pastore, OLG’s Director of Municipal and Community Relations presented a cheque to the City in the amount of $1,413,642 representing proceeds for the 2016-2017 fiscal year.
To date, the City has received over $27 million in slot revenue for hosting OLG’s casino operations, now Gateway Casinos – Sault Ste. Marie. Profits for the 2016-2017 fiscal year have been reinvested in the community including assisting with asset management projects for a number of municipal facilities.
“I would like to thank the OLG for their continued support of our community. The revenue
received from our host gaming site agreement helps to fund important public services and
community facilities. We appreciate the OLG’s ongoing support and their employees’ continued involvement in our community,” said Mayor Christian Provenzano.
“OLG is proud to be a vital part of Sault Ste. Marie for almost 20 years and we look forward to continuing to build on that support,” said Jake Pastore, OLG’s Director of Municipal and
Community Relations. “Each and every year 100 per cent of OLG proceeds are invested in
Ontario. From healthcare, to education, to community festivals, OLG proceeds are hard at work in Sault Ste. Marie and all across our province. And, we appreciate the contribution of Gateway Casinos Sault Ste. Marie employees in making life in Sault Ste. Marie that much richer.”
The City of Sault Ste. Marie looks forward to further strengthening the community by
continuing to work closely with stakeholders like OLG.