The Ontario Lottery and Gaming Corporation issued a fourth-quarter non-tax gaming revenue payment of $500,127 to Greater Sudbury on Thursday for hosting OLG Slots at Sudbury Downs.
Since November 1999, Sudbury has received more than $36 million in non-tax gaming revenue.
“OLG gaming site revenue provided to host municipalities, helps communities invest in infrastructure projects and important local programs and services,” Sudbury MPP Glenn Thibeault is quoted as saying in a news release.
“Along with supporting local development, these funds directly benefit vital public services such as health care and education.”
The payments are made under a formula in the Municipality Contribution Agreement that determines how much funds municipalities receive for hosting an OLG gaming facility. They're based on an escalating scale of gaming revenue that is the same all sites in Ontario.
At approximately $2 billion annually, OLG provides the Ontario government with its largest source of non-tax revenue.
In fiscal 2015-2016, the province allocated $115 million in gaming revenue to support charities through the Ontario Trillium Foundation. Every year, the Government of Ontario allocates funding to the province’s problem gambling program for research, treatment and prevention. The amount for fiscal 2015-2016 was $38 million.
OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. Since 1975, OLG has provided nearly $42 billion to the Province and the people of Ontario. The payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.
