The Ontario Lottery and Gaming Corporation issued a first-quarter (April to June 2012) non-tax gaming revenue payment of $548,587 to Centre Wellington Township for hosting OLG Slots at the Grand River Raceway.
As announced on March 12, OLG is modernizing Ontario’s lottery and gaming industry. OLG officials say the effort will increase revenue for the province and create jobs while continuing to support municipalities through a new consistent funding model to be developed for towns and cities that host an OLG gaming facility.
“The partnership between OLG gaming sites and host municipalities brings substantial economic and social benefits to Ontario families,” said Dwight Duncan, Minister of Finance.
“The sites create thousands of good jobs, boost local economies through increased tourism and help municipalities build strong, prosperous communities by sharing gaming revenues.”
OLG officials say the corporation’s modernization effort will help create some 2,300 new industry jobs and about 4,000 service sector jobs, will improve how lottery and gaming is delivered in Ontario and will expand OLG’s “high standards approach to responsible gambling.”
In 2012-13, the province will allocate $120 million in gaming revenue to support charities through the Ontario Trillium Foundation.
In addition, every year the government of Ontario allocates funding to the province’s problem gambling prevention, treatment and research programs ($41 million in 2012-13).
OLG is a provincial agency responsible for province-wide lottery games and gaming facilities.
Since 1975, OLG lotteries, casinos, slots, and resort casinos have generated more than $34 billion for the benefit of the province.
Gaming proceeds support Ontario’s hospitals, amateur sport, recreational and cultural activities, communities, provincial priority programs such as health care and education, and local and provincial charities and non-profit organizations through the Ontario Trillium Foundation.
