The City of North Bay has received more than $5.2 million [US$3.8 million] for hosting Cascades Casino since opening in March 2022.
These payments to host communities are based on a formula consistently applied across all gaming sites in Ontario using a graduated scale of gaming revenue at the hosted site, according to OLG…
Of that money, $1.5 million was earmarked for the new twin-pad arena and recreation centre at the Steve Omischl Sports Complex, leaving $3.7 million still up for grabs.
Gord Young, communication officer for the City of North Bay, told The Nugget council has adopted a policy requiring that funds from the Ontario Lottery and Gaming be directed toward community capital projects.
