Two municipalities in midwestern Ontario are getting their quarterly funds for internet hosting casinos.
Ontario Lottery and Gaming (OLG) introduced on Friday that funds of $179,855 to the Municipality of Central Huron for internet hosting Gateway Casinos Clinton and $313,715 to the City of Hanover for internet hosting Playtime On line casino Hanover. The funds cowl the third quarter (October 1 – December 31) of the fiscal yr.
To date this fiscal yr (April 1, 2024 to March 31, 2025), Central Huron has obtained $533,672, whereas Hanover has obtained $1,011,096.
For the reason that on line casino in Clinton opened in August of 2000, it has generated simply over $14-million {dollars} for Central Huron, whereas the on line casino in Hanover has resulted in $23,759,479 in funds because it opened in February of 2001.
“OLG’s Municipality Contribution Agreement payments help pave the way for the Municipality of Central Huron to build critical infrastructure and fund important programs that make a real difference for residents of Clinton and the surrounding area,” Huron-Bruce MPP Lisa Thompson stated in a press release launched by OLG. “Gateway Casinos Clinton supports numerous jobs and generates a great deal of economic activity that, in turn, improves the well-being of our local community.”
In accordance with OLG, funds to host communities are “based mostly on a formulation constantly utilized throughout all gaming websites in Ontario utilizing a graduated scale of gaming income on the hosted website.”
