Ontario issues Q4 gaming-revenue payments to municipal partners hosting casinos

Mark Keast, CDC Gaming Reports

April 20, 2023 11:24 AM

Mark Keast, CDC Gaming Reports

Ontario

The Ontario Lottery and Gaming Corporation (OLG) has made $28,753,394 in fourth-quarter (Jan. 1 through March 31) installment payments to 29 Ontario communities that host gaming facilities. These communities receive a share of revenues under a formula that’s the same across the province.  The payments are based on a graduated scale of slot-machine revenue and a share of table-game and sportsbook revenues for those sites that offer those services.

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Under the agreement, municipalities receive 5.25 percent on the first $65 million of slot revenue, 3 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, and 4 percent of both table-game and sportsbook revenue (if applicable).

“OLG’s Municipal Contribution Agreement payments are building strong communities where people and families can enjoy a high quality of life,” said Peter Bethlenfalvy, Minister of Finance, in a statement. “These revenues help support local program and critical infrastructure, making a real difference for gaming host municipalities.”

For OLG’s fiscal year (April 1, 2022, to March 31, 2023), the 29 communities received a total of $142,672,465, according to the OLG statement. Since 1994, host communities have received nearly $2 billion in non-tax gaming revenue.

Here’s the breakdown from this quarter’s payouts:

Casino Ajax $803,241