OLG announces Q4 and full-fiscal-year municipal-partner payouts

April 23, 2024 11:40 AM
Photo: Shutterstock
  • Mark Keast, CDC Gaming Reports
April 23, 2024 11:40 AM
  • Mark Keast, CDC Gaming Reports

The Ontario Lottery and Gaming Corporation (OLG) announced it has made $28,341,209 in fourth-quarter (January 1–March 31) installment payments to 29 Ontario communities that host gaming facilities.

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OLG is a crown corporation that donates 100 percent of its profits back to communities in Ontario with casinos, which receive a share of revenues under a graduated scale that’s the same across the province.  The payments are based on slot-machine revenue and a share of table-game and sportsbook revenue for those sites that offer those services.

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).

During the OLG’s fiscal year (April 1, 2023, to March 31, 2024), the 29 communities received a total of $146,310,602.

“For decades, profits from gaming have been an important source of funding for Ontario communities, helping to deliver vital services, and making a real difference for gaming host municipalities,” said Peter Bethlenfalvy, Minister of Finance, in a statement. “This is one of the many different ways Ontario continues to create good-paying, local jobs that play a critical role in supporting our economy, while ensuring a socially responsible gaming environment for people to enjoy.”

Over the past seven years, service providers have invested nearly $2.2 billion in private-sector capital investment across the province. These investments have led to the development and opening of seven casinos, one planned development, and additional gaming expansions and non-gaming amenities.

Overall, since 1994, host communities have received more than $2.1 billion in non-taxing gaming revenue.

Here’s the breakdown for payouts in Q4 and for the full fiscal year:

Casino Ajax $698,802, $4,615,693

Shorelines Casino Belleville $858,824, $3,526,075

Elements Casino Brantford $959,147, $5,057,481

Gateway Casinos – Clinton $162,318, $650,687

Gateways Casinos – Chatham $460,660, $1,652,698

Elements Casino Flamboro $890,163, $5,325,718

Gateway Casinos Innisfil $1,406,415, $7,014,451

Elements Casino Grand River $667,741, $2,969,050

Great Blue Heron Casino (MSIFN) $640,741, $3,022,366

Gateway Casinos Hanover $321,005, $1,280,304

Gateway Casino – Sarnia $106,545, $419,400

Shorelines Slots at Kawartha Downs $72,868, $324,499

Elements Casino Mohawk $1,338,076, $7,332,719

Gateway Casinos – North Bay $377,122, $1,492,594

Shorelines Casino Peterborough $678,417, $2,973,019

Casino Pickering $3,714,835, $17,944,964

Gateway Casinos – Point Edward $473,156, $1,756,892

Rideau Carleton Raceway Casino $1,243,233, $6,663,474

Gateway Casinos – Sault Ste. Marie $362,099, $1,411,083

Gateway Casinos – Sudbury $494,781, $1,826,565

Gateway Casinos – Thunder Bay $753,082, $2,724,251

Shorelines Casino Thousand Islands (Gananoque) $221,246, $1,045,627

Shorelines Casino Thousand Islands (Leeds & 1000 Islands) $221,246, $1,045,627

Playtime Casino – Wasaga Beach $316,382, $1,256,830

Gateway Casinos – London $953,944, $5,122,116

Casino Woodbine $3,778,004, $26,747,124

Gateway Casinos – Woodstock $435,261, $1,618,458

Windsor $1,991,973, $9,878,268

Niagara Falls $3,743,017, $19,612,569