OLG Makes First Quarter Payment to Sault Ste. Marie.
SAULT STE. MARIE, ON – Ontario Lottery and Gaming Corporation (OLG) today issued a first-quarter (April to June, 2018) non-tax gaming revenue payment of $388,013 to the City of Sault Ste. Marie for hosting Gateway Casinos Sault Ste. Marie. Since May 1999, Sault Ste. Marie has received more than $28.8 million in non-tax gaming revenue.
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.
OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $47 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.
All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
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