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LOCAL2 Staff for local2 sault ste. marie
October 19th, 2012 at 11:32am
The Ontario Lottery and Gaming Corporation today issued a second-quarter (July to September 2012) non-tax gaming revenue payment of $350,543 to the City of Sault Ste. Marie for hosting OLG Casino Sault Ste. Marie.
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 for towns and cities that host an OLG gaming facility.
“OLG gaming sites continue to provide substantial benefits to host communities and Ontario families,” said David Orazietti, MPP. “The modernization of Ontario’s lottery and gaming businesses will result in new employment opportunities, increased tourism and additional revenues for the province to protect important public services like health care and education.”
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 high standards approach to Responsible Gambling.
In 2012-2013, the province will allocate $120 million in gaming revenue to support charities through the Ontario Trillium Foundation, which helps build strong and healthy communities. In addition, every year the Government of Ontario allocates funding to the province’s problem gambling prevention, treatment and research programs. The amount for 2012-2013 is $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 $36 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.