OLG points first quarter gaming income fee to Ottawa

 

Ontario Lottery and Gaming Corporation (OLG) is happy to make a primary quarter (April 1 – June 30) fee totaling $2,735,200 to the City of Ottawa for internet hosting Hard Rock Hotel & Casino Ottawa.

 

Since the gaming website opened in February 2000, Ottawa has acquired $119,480,148.

 

These funds to host communities are based mostly on a method persistently utilized throughout all gaming websites in Ontario utilizing a graduated scale of gaming income on the hosted website.  

 

“Revenues from OLG’s Municipality Contribution Agreement help allow Ottawa to invest in infrastructure and provide funding for critical community services,” stated George Darouze, Member of Provincial Parliament for Carleton. “Provincial revenues from Hard Rock Hotel & Casino Ottawa help to improve the quality of life for families across Carleton and across the City of Ottawa.”

 

Since 1994, host communities have acquired greater than $2.4 billion in non-tax gaming income.

 

OLG is proud to share proceeds of on line casino gaming with native communities, contributing to financial growth together with infrastructure and job creation. Payments to host communities are a part of OLG’s dedication to Ontario, which incorporates reinvesting 100 per cent of OLG’s earnings again into the province.

 

Over the previous ten years, service suppliers have invested greater than $3 billion in non-public sector capital funding throughout the province. These investments have led to the event and opening of seven new casinos, two large-scale resort developments and expansions, many gaming ground expansions and new non-gaming facilities. 

 

###

  

OLG is a crown company that contributes to a greater Ontario by delivering nice leisure experiences for our clients. Acting in a socially accountable method, OLG conducts and manages land-based gaming amenities; the sale of province-wide lottery video games; Internet gaming; and the supply of bingo and different digital gaming merchandise at Charitable Gaming Centres. OLG can also be serving to help the horse racing trade in Ontario. OLG has been giving again to Ontario since 1975, producing roughly $64 billion for the individuals and the Province to help key authorities priorities like well being care; the remedy and prevention of downside playing; and help for newbie athletes. Each 12 months earnings from OLG’s operations additionally help host communities, Ontario First Nations, lottery retailers and native charities throughout the province. 

 

Play for Ontario – 100 per cent of OLG’s earnings are invested in Ontario

 

OLG.ca

Follow on X @OLG_ca

Find us on Facebook/Instagram @OLG.ca 

 

PlaySensible.ca 

Knowledge you’ll be able to guess on.

ConnexOntario – Problem Gambling Support: 1-866-531-2600

Disponible en français 

 

 

CONTACT: 

OLG MEDIA RELATIONS 

1-888-946-6716