SAULT STE. MARIE, ON – Ontario Lottery and Gaming Corporation (OLG) is pleased to make a first quarter (April 1 – June 30) payment totaling $990,549 to the Town of Ajax for hosting Casino Ajax.
Since the gaming site opened in February 2006, Ajax has received $115,705,348.
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.
“Revenues from OLG’s Municipality Contribution Agreement allow Ajax to invest in infrastructure and provide funding for critical community services,” said Lorne Coe, Member of Provincial Parliament for Whitby. “Provincial revenues from Casino Ajax will help improve the quality of life for families across Ontario.”
Since 1994, host communities have received more than $2.4 billion in non-tax gaming revenue.
OLG is proud to share 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.
Over the past ten years, service providers have invested more than $3 billion in private sector capital investment across the province. These investments have led to the development and opening of seven new casinos, two large-scale resort developments and expansions, many gaming floor expansions and new 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. OLG has been giving back to Ontario since 1975, generating approximately $64 billion for the people and the Province 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.
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