The Ontario Lottery and Gaming Corporation recently issued a fourth-quarter (January to March 2013) payment of $482,977 to the Township of Centre Wellington for hosting OLG Slots at Grand River Raceway.
To date, Centre Wellington has received more than $18.3 million in non-tax gaming revenue.
As announced on March 12, 2012, OLG is modernizing Ontario’s lottery and gaming industry. The effort will increase revenue for the province and create jobs while continuing to support municipalities through a new consistent funding model for towns and cities that host an OLG gaming facility.
“OLG gaming sites offer tremendous benefits for host communities across our province,” said Charles Sousa, Minister of Finance.
“In addition to job creation and increased tourism, gaming revenue payments allow municipalities to make significant investments in their local priorities to benefit Ontario families.”
The OLG modernization effort will help create some 2,300 net new industry jobs and about 4,000 service sector jobs. It will improve how lottery and gaming is delivered in Ontario, and expand OLG’s high standards approach to Responsible Gambling.
In 2012-2013, the province allocated $120 million in gaming revenue to support charities through the Ontario Trillium Foundation, which helps build strong and healthy communities. In addition, every year the Government of Ontario allocates funding to the province’s problem gambling prevention, treatment and research programs.
OLG is the provincial agency responsible for province-wide lottery games and gaming facilities.
