Ontario Lottery and Gaming Corporation (OLG) is pleased to make a first quarter (April 1 – June 30) payment toltaling $340,129 to the Town of Hanover for hosting Playtime Casino Hanover.
Since the gaming site opened in February 2001, Hanover has received $23,088,512.
These payments to host communities are based on a formula in the Municipality Contribution Agreement that is consistently applied across all land-based casino sites in Ontario using a graduated scale of gaming revenue at the hosted site.
“Investing OLG’s profits back into host communities is another example of our government’s continued efforts to strengthen local infrastructure and community programs,” said Stan Cho, Minister of Tourism, Culture and Gaming. “We remain focused on working with our municipal partners to ensure that communities across Ontario have the supports in place to empower their residents to lead active, fulfilling lives and enable local businesses to thrive.”
Since 1994, host communities have received more than $2.1 billion in non-tax gaming revenue.
OLG shares proceeds of casino gaming with local communities, contributing to economic development including infrastructure and job creation. Payments to host communities are part of OLG’s commitment to Ontario, which includes reinvesting 100 per cent of OLG’s profits back into the province.
Since 2017, casino service providers have invested more than $2.2 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.
OLG is a crown agency that contributes to a better Ontario by delivering great entertainment experiences for our customers. Acting in a socially responsible way, OLG conducts and manages land-based gaming facilities; the sale of province-wide lottery games; Internet gaming; and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres. OLG is also helping support the horse racing industry in Ontario. Since 1975, OLG has generated approximately $59 billion for the people and Province of Ontario to support key government priorities like health care; the treatment and prevention of problem gambling; and support for amateur athletes. Each year profits from OLG’s operations also support host communities, Ontario First Nations, lottery retailers and local charities across the province.
