The Ontario Lottery and Gaming Corporation (OLG) announced it has made CA$34,104,262 (US$25,300,546) in third quarter (October 1- Dec. 31) installment payments to 29 Ontario communities that host gaming facilities.
OLG is a crown corporation that kicks 100 percent of its profits back to communities in Ontario with casinos; they receive a share of revenues under a graduated scale that’s the same across the province.
So far during the OLG’s fiscal year (April 1, 2023, to March 31, 2024), the 29 communities have received a total of $117,969,393. The payments are based on slot-machine revenue and a share of table-game and sportsbook revenue for venues that offer those games.
Under the agreement, municipalities receive 5.25 percent on the first $65 million of slot revenue, 3.0 percent on the next $135 million of slot revenue, 2.5 percent on the next $300 million of slot revenue, 0.5 percent on the slot revenue above $500 million, 4.0 percent of table-game revenue (if applicable), and 4.0 percent of sportsbook revenue (if applicable).
“OLG continues to provide Municipality Contribution Agreement payments to gaming host communities for vital programs and services that benefit all Ontarians,” said Peter Bethlenfalvy, Minister of Finance. “Land-based casinos offer good local jobs and play an important role in supporting strong vibrant communities for families to live, work, and play.”
Since 2017, casino service providers have invested more than $2 billion in private sector capital across Ontario, seen more recently with the opening of the new $1 billion Great Canadian Casino Toronto near Woodbine Racetrack. Overall, those private sector investments have led to the opening of seven new casinos, one planned development and numerous casino expansions.
Here’s the breakdown for payouts in Q3.
Casino Ajax $995.875
Shorelines Casino Belleville $874,002
Elements Casino Brantford $1,327,192
Gateway Casinos – Clinton $160,164
Gateways Casinos – Chatham $435,454
Elements Casino Flamboro $998,613
Gateway Casinos Innisfil $1,458,248
Elements Casino Grand River $709,701
Great Blue Heron Casino (MSIFN) $711,716
Gateway Casinos Hanover $321,151
Gateway Casino – Sarnia $108,201
Shorelines Slots at Kawartha Downs $76,278
Elements Casino Mohawk $1,386,976
Gateway Casinos – North Bay $366,092
Shorelines Casino Peterborough $704,652
Casino Pickering $3,962,749
Gateway Casinos – Point Edward $440,493
Rideau Carleton Raceway Casino $1,328,790
Gateway Casinos – Sault Ste. Marie $350,687
Gateway Casinos – Sudbury $480,379
Gateway Casinos – Thunder Bay $692,769
Shorelines Casino Thousand Islands (Gananoque) $235,588
Shorelines Casino Thousand Islands (Leeds & 1000 Islands) $235,588
Playtime Casino – Wasaga Beach $314,458
Gateway Casinos – London $1,329,146
Casino Woodbine $7,458,645
Gateway Casinos – Woodstock $397,314
Windsor $2,146,955
Niagara Falls $4,096,386
