NEWS RELEASE
ONTARIO LOTTERY AND GAMING CORPORATION
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Ontario Lottery and Gaming Corporation (OLG) is excited to issue today a second quarter (July 1, 2021 to September 30, 2021) non-tax gaming revenue payment of $4,668,393 to the City of Niagara Falls for hosting Fallsview Casino Resort and Casino Niagara.
Since December 1996, Niagara Falls has received more than $168 million in non-tax gaming revenue.
“Our government is pleased that land-based casinos have reopened safely and are contributing to our provincial economy again,” said Peter Bethlenfalvy, Minister of Finance. “Host communities are once again benefiting from local employment and the financial proceeds that support vital services through Municipality Contribution Agreements.”
OLG makes payments to host municipalities under the Municipality Contribution Agreements, using a prescribed formula consistently applied across all sites in Ontario that is based on a graduated scale of gaming revenue at the hosted site or sites.
Under the province's reopening framework, with rigorous public health and workplace safety measures in place, gaming sites were able to resume operations beginning on July 16, 2021. Casino re-opening dates were determined by each service provider in consultation with OLG, depending on their readiness and ability to operate under the mandatory restrictions. All gaming sites in Ontario resumed operations by August 16, 2021.
The reopening of gaming sites will afford OLG’s service providers the opportunity to advance their ambitious development plans that will support the long-term vibrancy and excitement of the casino experience in Ontario for years to come.
Life to date, host municipalities have received more than $1.76 billion in non-tax gaming revenue.
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