OLG DISTRIBUTES $871,204 TO BRANTFORD
SAULT STE. MARIE – Brantford received $871,204 today for hosting OLG Casino Brantford. The payment was for the host municipality’s second-quarter share of slots revenue (July to September 2009). To date, Brantford has received more than $37.9 million in non-tax gaming revenue. Payments are made on a quarterly basis according to the government fiscal year, which runs April to March. OLG Casino Brantford opened on November 17, 1999. Since opening, the facility has attracted more than 16.4 million visitors.
“OLG Casino Brantford is an important community partner providing substantial benefits to the City of Brantford since 1999,” said MPP Dave Levac “Through the sharing of gaming revenue, we are able to continually invest in our community and support important local initiatives and programs.”
In total, OLG issued more than $18.9 million in second-quarter non-tax gaming revenue payments to 23 municipalities that host OLG Casinos and OLG Slots-at-racetrack facilities. To date, OLG has distributed $653 million to these host municipalities.
Each municipality hosting an OLG Casino facility receives five per cent of the gaming facility’s gross slot machine revenue from the first 450 slot machines and two per cent from any additional machines over that number. Funds are used at the discretion of the municipality.
In 2009/2010, the province will allocate $120 million in gaming revenue to support charities through the Ontario Trillium Foundation (OTF).
Every year, the Government of Ontario allocates two per cent of gross revenue from slot machines at OLG Casinos and OLG Slots-at-racetrack facilities to the province’s problem gambling program for research, treatment and prevention programs. The amount for fiscal 2009/2010 is estimated at $39 million.
OLG Casino Brantford is owned, operated and managed by OLG.
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 $28 billion for the benefit of the Province of Ontario. 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.
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