The Ontario Lottery and Gaming Corporation has issued it's third quarter payment to the City of Woodstock.
WOODSTOCK - The Ontario Lottery and Gaming Corporation has issued it's third quarter payment to the City of Woodstock.
This payment is for just over $372,402 and the City will be able to use that money to fund local programs. Ontario's Minister of Finance Charles Sousa says these payments are made under an equitable formula in the Municipality Contribution Agreement.
"OLG’s host fees provide municipalities with important funds to enable investments in their communities. People all across Ontario benefit from OLG revenues that support broader public services including health care and education."
Since OLG came to Woodstock in 2001, the corporation has paid the City over $18.9 million dollars in non-tax gaming revenue.
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