Milton Town Announces Receipt Of Quarterly Revenue Sharing Payments From Ontario Lottery And Gaming Company. This allocation is intended to host Element Casino Mohawk and was approximately C$2 million in the third quarter of 2021. 릴게임사이트 This money will now be used by the village to support capital projects.
OLG awards game properties to municipalities that have hosted them through municipal donation agreements, and Milton Town is one of them. Since 1999, the town has received a total of C$126.8 million through contracts. Thus, the casino industry proves that the budget and revenue of the region are significant.
Sales are still affected by restrictions, even though casino properties operated throughout the third quarter from October 1, 2021 to December 31, 2021. Payments amount to CA$2,691, but the allocation is still minimal compared to before the unprecedented situation almost two years ago.
In a press release, Milton MPP Farm Gill said the city was quite pleased with the allocation in the third quarter of last year, which it received through the Local Government Donation Agreement. In his opinion, if health and safety restrictions are eased in the provinces, brick and mortar properties will continue to play an important role in the economic recovery of communities.
Also recently, another Ontario municipality received a large sum of money from the crown corporation through a municipal donation agreement. On January 19, 2022, Center Wellington Village received an allocation of $567,492 from OLG. It was also the cost of the third quarter of last year to attract the Elements Casino Grand River in the region.
Since December 2003, center wellington has received non – taxed gaming revenue of CA$35.6 million or more from OLG. Finance Minister Peter Bethlenfaly said he was pleased that the government had sent quarterly payments to attract gaming municipalities and expected casinos to contribute to the state's economy once again.
OLG provided even more quarterly allocations to casino hosts from Ontario last week. Niagara Falls, for example, received payments worth CA$3.8 million for holding Niagara Fallsview Casino Resort and Casino Niagara in its territory. In addition, Sault Ste. Marie received a hosted quota of 273,611 CA dollars in the third quarter of last year.
Windsor City is one of the communities that received a lot of money for being a casino host municipality. In the third quarter of last year, he received CA$2,158,545 while operating Caesars Windsor Casino. Since its official opening in 1994, the city has generated a total of $72 million in non-tax game revenue.
