OLG Issues Second-Quarter Gaming Revenue Payment to Peterborough of $716,653

Ontario Lottery and Gaming Corporation (OLG) has made their second quarter payment totaling $716,653 to the City of Peterborough for hosting Shorelines Casino Peterborough.

Since 1994, host communities have received more than $2.3 billion in non-tax gaming revenue. File Photo.

The quarter was from July 1 to Sept. 30.

During OLG’s fiscal year (April 1, 2024 to March 31, 2026), Peterborough has received $1,428,934. Since the gaming site opened in October 2018, Peterborough has amassed $16,524,145 according to a press release.

These payments to host communities are based on a formula consistently applied across all gaming sites in Ontario using a graduated scale of gaming revenue at the hosted site as stated in a press release. 

“Peterborough is able to offer local programs and improve the quality of life of our residents through the economic activity generated through revenue from Shorelines Casino Peterborough,” said Dave Smith, Peterborough-Kawartha MPP. “The people of Ontario benefit from OLG’s gaming revenues as 100 per cent of OLG profits are reinvested in the province to support provincial priorities.”

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