The city of Greater Sudbury received a non-tax gaming revenue payment of $527,185 from the Ontario Lottery and Gaming Corporation (OLG) on April 20.
This is the fourth-quarter (January to March 2018) non-tax gaming revenue payment for hosting Gateway Casinos.
Since November 1999, Sudbury has received more than $40.4 million in non-tax gaming revenue.
“OLG provides host municipalities with significant revenues every year which help communities invest in local priorities and infrastructure projects that are important to them,” said Sudbury MPP Glenn Thibeault.
“OLG provides funds that directly benefit vital public services like health care and education while contributing to the local economy.”
These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the funds municipalities receive for hosting a gaming facility and are based on a graduated scale of gaming revenue that is consistent across all sites in Ontario.
At approximately $2 billion annually, OLG provides the Ontario government with its largest source of non-tax revenue.
In fiscal 2017-2018, 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 2017-2018 was $38 million.
