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Friday, June 2, 2023

City of Brantford receives nearly $1.1 million from OLG

City of BrantfordCity of Brantford receives nearly $1.1 million from OLG

Ontario Lottery and Gaming Corporation (OLG) made its fourth quarter (January 1 – March 31) payment, totaling $1,087,950, to the City of Brantford for hosting Elements Casino Brantford.

During OLG’s fiscal year (April 1, 2022 to March 31, 2023), Brantford has received $5,148,353.  Since the gaming site opened in November 1999, Brantford has received $96,279,529.

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. 

“OLG’s Municipal Contribution Agreement payments are building strong communities where people and families can enjoy a high quality of life,” said Peter Bethlenfalvy, Minister of Finance. “These revenues help support local program and critical infrastructure, making a real difference for gaming host municipalities.”

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 approximately $2 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 nearly $2 billion in non-tax gaming revenue.

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