OLG Makes First-Quarter Payment of Over $710,000 to The City of Peterborough

Ontario Lottery and Gaming Corporation (OLG) has made its first-quarter payment of $715,551 to the City of Peterborough for hosting Shorelines Casino Peterborough, announced on Wednesday.

Since 1994, host communities have received more than $2.4 billion in non-tax gaming revenue. File Photo.

The fourth quarter ran from April 1 to June 30. Peterborough has received $18,461,887 since the Shorelines opened in October 2018.

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. 

“OLG sharing these gaming revenues directly with Peterborough allows our community to invest in the local priorities that matter most to residents,” said Dave Smith, Peterborough-Kawartha MPP. “From boosting community services to maintaining local infrastructure, these quarterly host payments from Shorelines Casino Peterborough are a key part of protecting and enhancing the critical services our families rely on every day.”

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