Cavan-Monaghan Receives Third Quarter Gaming Revenue Payment From OLG

Last month, Ontario Lottery and Gaming Corporation (OLG) issued a third quarter (October 1, 2021 to December 31, 2021) non-tax gaming revenue payment of $91,381 to the Township of Cavan Monaghan for hosting Shorelines Slots Kawartha Downs.  For the same period, the City of Peterborough received $579,498 for hosting Shorelines Casino Peterborough.

Since November 1999, Cavan-Monaghan has received more than $60.9 million in non-tax gaming revenue.  Since the inception of this program, host communities have received almost $1.8 billion in non-tax gaming revenue.

OLG makes payments to host communities 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.  All gaming sites were opened throughout the third quarter with rigorous public health and workplace safety measures. Despite capacity restrictions being lifted on October 25, the continued spread of COVID-19 had an impact on gaming revenues.

“Local casinos play a vital role in the economic recovery of our communities like the Township of Cavan-Monaghan not only through employment and local economic opportunities, but also through financial compensation as part of Municipality Contribution Agreements,” said Laurie Scott, MPP for Haliburton-Kawartha Lakes-Brock. As a result of new time-limited provincial health measures, gaming sites were temporarily closed to the public earlier this month and reopened on Monday. KG

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