Ontario Lottery and Gaming Corporation (OLG) is pleased to make a third quarter (October 1 – December 31) payment totaling $350,687 to the City of Sault Ste. Marie for hosting Gateway Casinos Sault Ste. Marie.
So far, during OLG’s fiscal year (April 1, 2023 to March 31, 2024), Sault Ste. Marie has received $1,048,984. Since the gaming site opened in May 1999, Sault Ste. Marie has received $34,924,519.
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.
“OLG continues to provide Municipality Contribution Agreement payments for vital programs and services that benefit Saultites,” said Ross Romano, Member of Provincial Parliament for Sault Ste. Marie. “Gateway Casinos Sault Ste Marie offers good, local jobs and plays an important role in supporting our strong, vibrant community for families to live, work and play.”
OLG is proud to share proceeds of casino gaming with local communities, contributing to economic recovery, infrastructure development and job creation. Payments to host communities are part of OLG’s commitment to Ontario – 100 per cent of OLG’s profits are reinvested in the province.
Since 2017, casino service providers have invested more than $2 billion in private sector capital across the province. These investments have led to the development and opening of seven new casinos, one planned development and numerous casino expansions and non-gaming amenities.
Since 1994, host communities have received more than $2 billion in non-tax gaming revenue.
Now the hopeless lawyer-mayor will think the city is rich and adorn himself with some new ceremonial jewelry if he hasn’t already.