Ontario Lottery and Gaming Corporation (OLG) has issued a second-quarter (July 1 to September 30, 2019) non-tax gaming revenue payment of $388,628 to the City of Sault Ste. Marie for hosting Gateway Casinos – Sault Ste. Marie.
Since May 1999, Sault Ste. Marie has received more than $30.7 million in non-tax gaming revenue.
“Revenues generated at local gaming sites directly contribute to better quality of life for Ontarians,” said Ross Romano, MPP for Sault Ste. Marie. “Projects that improve our local infrastructure, such as roads and public transit, as well as community programs and services all benefit from OLG’s tremendous partnerships with municipalities like the Sault.”
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 2018-2019, this amounted to $2.47 billion.