The Ontario Lottery and Gaming Corporation (OLG) has issued fourth quarter gaming revenue payments to cities hosting casinos.
This includes Point Edward and Sarnia.
The village is getting $380,504 for hosting Starlight Casino Point Edward.
During the OLG's most recent fiscal year, which ended March 31, Point Edward has received $1,578,417.
Since the gaming site opened in April 2000, the village has been given $55,491,363.
Meanwhile, the city is getting $79,748 for hosting Gateway Casinos Sarnia.
During OLG’s fiscal year, Sarnia has received $358,221, amounting to a total of $28,413,977 since May of 1999.
Sarnia-Lambton MPP Bob Bailey commented on the funding.
"OLG shares revenues with host gaming municipalities to help them invest in local priorities, including community services and infrastructure,” said Bailey. "These payments are part of our government’s commitment to support municipalities and to protect what matters most – those critical services families rely on."
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.
The OLG said the 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.
Since 1994, host communities have received almost $2.4 billion in non-tax gaming revenue.
