OLG makes $2.4M payment to Caesars Windsor
Windsor’s share of gaming revenue from Caesars Windsor has dropped from the first quarter.
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Windsor’s share of gaming revenue from Caesars Windsor has dropped from the first quarter.
The Ontario Lottery and Gaming Corporation announced Wednesday that it is providing Windsor with a $2,456,187 payment for the second quarter from July to September.
In the first quarter OLG provided more than $3.2 million.
Windsor has received more than $23.4 million in gaming revenue since 2013 when the funding formula changed to base payments to host cities based on the amount of money each property makes.
Since the casino opened in 1994 more than $200 million has been provided to Windsor by the OLG.
“OLG provides host municipalities with significant revenues every year which help communities invest in local priorities and infrastructure projects important to them,” Minister of Finance Charles Sousa said in a news release.
“These funds directly benefit vital public services like health care and education while contributing to enhancing the local economy.”
