FOURTH-QUARTER PAYMENTS TO GAMING SITE HOST MUNICIPALITIES
April 20, 2012
The Ontario Lottery and Gaming Corporation today issued fourth-quarter (January to March 2012) non-tax gaming revenue payments of a total of $17.9 million to 23 municipalities which currently host OLG facilities.
As announced on March 12, 2012, OLG is modernizing Ontario’s lottery and gaming industry. The effort will increase revenue for the province and create jobs while continuing to support municipalities through a new consistent funding model to be developed for towns and cities that host an OLG gaming facility.
“OLG’s Modernization Plan will help Ontario eliminate the deficit and create thousands of new jobs, while also supporting those communities where gaming sites exist,” said Dwight Duncan, Minister of Finance.
The OLG modernization effort will help create some 2,300 net new industry jobs and about 4,000 service sector jobs. It will improve how lottery and gaming is delivered in Ontario, and expand OLG’s approach to Responsible Gambling.
In 2011-2012, the province allocated $120 million in gaming revenue to support charities through the Ontario Trillium Foundation. Every year, the Government of Ontario allocates funding to the province’s problem gambling program for research, treatment and prevention. The amount for 2011-2012 was budgeted at $41 million.
OLG is a provincial agency responsible for province-wide lottery games and gaming facilities. Since 1975, OLG lotteries, Casinos, Slots, and Resort Casinos have generated more than $34 billion for the benefit of the Province of Ontario. Gaming proceeds support Ontario's hospitals, amateur sport, recreational and cultural activities, communities, provincial priority programs such as health care and education, and local and provincial charities and non-profit organizations through the Ontario Trillium Foundation.
Know your limit, play within it!
THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505
Disponible en français
-30-
www.OLG.ca
As announced on March 12, 2012, OLG is modernizing Ontario’s lottery and gaming industry. The effort will increase revenue for the province and create jobs while continuing to support municipalities through a new consistent funding model to be developed for towns and cities that host an OLG gaming facility.
“OLG’s Modernization Plan will help Ontario eliminate the deficit and create thousands of new jobs, while also supporting those communities where gaming sites exist,” said Dwight Duncan, Minister of Finance.
The OLG modernization effort will help create some 2,300 net new industry jobs and about 4,000 service sector jobs. It will improve how lottery and gaming is delivered in Ontario, and expand OLG’s approach to Responsible Gambling.
In 2011-2012, the province allocated $120 million in gaming revenue to support charities through the Ontario Trillium Foundation. Every year, the Government of Ontario allocates funding to the province’s problem gambling program for research, treatment and prevention. The amount for 2011-2012 was budgeted at $41 million.
OLG is a provincial agency responsible for province-wide lottery games and gaming facilities. Since 1975, OLG lotteries, Casinos, Slots, and Resort Casinos have generated more than $34 billion for the benefit of the Province of Ontario. Gaming proceeds support Ontario's hospitals, amateur sport, recreational and cultural activities, communities, provincial priority programs such as health care and education, and local and provincial charities and non-profit organizations through the Ontario Trillium Foundation.
THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505
Disponible en français
-30-
www.OLG.ca
