Latest OLG payment to Centre Wellington close to $600,000
SAULT STE. MARIE – The latest revenue payment to Centre Wellington Township from the Ontario Lottery and Gaming Corporation (OLG) is $597,879.
Announced on Oct. 21, the figure represents the second quarter (July 1 to Sept. 30) non-tax gaming revenue payment for hosting Elements Casino – Grand River in Elora.
Since December 2003, Centre Wellington has received more than $35 million in non-tax gaming revenue from the OLG.
“Our government is pleased that land-based casinos have reopened safely and are contributing to our provincial economy again,” said Ontario finance minister Peter Bethlenfalvy.
“Host communities are once again benefiting from local employment and the financial proceeds that support vital services through Municipality Contribution Agreements.”
OLG makes payments to host municipalities using a prescribed formula based on a graduated scale of gaming revenue at the hosted site or sites.
Under the province's reopening framework, with COVID-19 protocols in place, gaming sites were able to resume operations beginning on July 16.
Casino re-opening dates were determined by each service provider in consultation with OLG, depending on their readiness and ability to operate under the mandatory restrictions.
All gaming sites in Ontario resumed operations by Aug. 16.
To date, host municipalities have received more than $1.76 billion in non-tax gaming revenue from the OLG.
