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OLG Makes 3rd Quarter Payment to the City of Woodstock

The Ontario Lottery and Gaming Corporation has issued a third quarter non-tax gaming revenue payment to the City of Woodstock.

WOODSTOCK - The Ontario Lottery and Gaming Corporation has issued a third quarter non-tax gaming revenue payment to the City of Woodstock.

OLG has give the City a cheque for $391,873 this quarter for hosting Gateway Casinos in Woodstock. Since June 2001, Woodstock has received more than $22 million in non-tax gaming revenue.

MPP for Oxford Ernie Hardeman says this money is put towards local projects. 

“Host communities support important community programs and services and strengthen their local infrastructure with these gaming revenues. OLG’s significant annual proceeds are invested in key government priorities in cities like Woodstock that benefit the entire public.”

The payments are made under an equitable formula in the Municipality Contribution Agreement that determines the funds municipalities receive for hosting a gaming facility and are based on a graduated scale of gaming revenue that is consistent across all sites in Ontario.

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