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Brantford receives $1.3 million from OLG in third quarter

Local NewsBrantford receives $1.3 million from OLG in third quarter

Ontario Lottery and Gaming Corporation (OLG) announced a third quarter payment, totaling $1,372,633 to the City of Brantford for hosting Elements Casino Brantford.

So far, during OLG’s fiscal year, Brantford has received $4,060,403.  Since the gaming site opened in November 1999, Brantford has received $95,191,579.

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. 

“Payments through OLG’s Municipality Contribution Agreement provide host gaming communities with the support they need to fund programs and critical infrastructure to improve the lives of residents and families,” said Peter Bethlenfalvy, Minister of Finance.  “With these revenues, municipalities are able to build better communities with more opportunities to live and work.”

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.

Over the past seven years, service providers have invested an estimated $1.8 billion in private sector capital investment across the province.  Since 2017, these investments have led to the development and opening of seven new casinos, one planned development and additional gaming expansions and non-gaming amenities.

Since 1994, host communities have received more than $1.93 billion in non-tax gaming revenue.

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