Published: October 29, 2024

OLG announces second-quarter gaming revenue payments to municipal partners

The Ontario Lottery and Gaming Corporation (OLG) made $38,058,857 in second-quarter (July 1 to Sept. 30) installment payments to 29 Ontario communities that host land-based gaming facilities.

"As it has for decades in Ontario, land-based gaming continues to serve as a source of good local jobs and generates vital economic activity in the communities that host gaming sites,” said Stan Cho, Minister of Tourism, Culture and Gaming. "From helping build neighbourhood parks to supporting community programs, proceeds received through the Municipality Contribution Agreement with OLG help make municipalities all across the province better places to live and work.”

That number is down from Q1 (April 1 to June 30), when communities received $43,605,447. So far during the OLG’s fiscal year (April 1, 2024, to March 31, 2025), these 29 communities have received $81,664,304.

Communities receive a share of revenues under a formula that’s the same throughout the province, based on a graduated scale of slot-machine revenue and a share of table-game and sportsbook revenue for those sites that offer those services.

Under the agreement, municipalities receive 5.25 percent on the first $65 million of slot revenue, 3.0 percent on the next $135 million of slot revenue, 2.5 percent on the next $300 million of slot revenue, 0.5 percent on the slot revenue above $500 million, 4.0 percent of table game revenue (if applicable), 4.0 per cent of sportsbook revenue (if applicable).

The revenue help supports local programs and critical infrastructure and through that job creation, making a real difference for gaming host municipalities. Since 1994, host communities have received more than $2.1 billion in non-tax gaming revenue.

https://cdcgaming.com/olg-announces-second-quarter-gaming-revenue-payments-to-

 

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