NEWS RELEASE
ONTARIO LOTTERY AND GAMING CORPORATION
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Ontario Lottery and Gaming Corporation (OLG) has issued a fourth quarter (Jan. 1 to March 31, 2020) non-tax gaming revenue payment of $296,980 to the City of Sault Ste. Marie for hosting Gateway Casinos – Sault Ste. Marie. Acting together on the advice of public health authorities, OLG and its service providers temporarily closed all casinos in Ontario on March 16, 2020. The casino closures remain in effect until it is safe to resume operations.
“During these unprecedented times, it is important that we all come together as a community and support one another,” said Ross Romano, MPP for Sault Ste. Marie. “This contribution from OLG to our city will allow for continued investment in our community. Fighting COVID-19 requires a united effort from all of us, and I know that because of the strength and resilience of our community we will emerge stronger than ever.”
OLG makes payments to host communities under the Municipality Contribution Agreements, using a prescribed formula consistently applied across all sites in Ontario that is based on a graduated scale of gaming revenue at the hosted site or sites. Due to the temporary closure of all gaming sites, this quarter’s payment was impacted by approximately 15 days’ worth of revenue and OLG expects the July 2020 payment will also be impacted.
In the 2019-2020 fiscal year, the City of Sault Ste. Marie received a total of $1,428,879. Life to date, Sault Ste. Marie has received more than $31 million in non-tax gaming revenue.
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