City Receives Nearly $3 Million From OLG As Gaming Revenue Share

The Ontario Lottery and Gaming Corporation has provided $2,973,019 to the City of Peterborough in the 2024 Fiscal Year as its share of gaming revenue from Shorelines Casino Peterborough as a host community, in a cheque presentation at the Canadian Canoe Museum on Tuesday afternoon.

Since the gaming site opened in October 2018, the City of Peterborough has received $13,844,047. Municipal government members and OLG representatives with the check of over $2.9 million from hosting Shorelines Casino. Photo by David Tuan Bui.

“The Canadian Canoe Museum is an integral part of our City and an integral part of our culture and heritage,” Mayor Leal said. “Being a casino host community allows us to reinvest OLG revenue in areas where it will support residents and help our city grow.”

According to a press release, in 2023/24, the City used the funding from Ontario Lottery and Gaming (OLG) for investments such as planting trees, improving trails and the cycling network, building a splash pad, and contributing to the Canadian Canoe Museum’s capital campaign.

“OLG is proud to be a vital part of the City of Peterborough,” said Kathleen Devine, OLG’s Senior Municipal Relations Manager. “Each and every year, 100% of OLG profits are reinvested in Ontario to support provincial priorities. From critical infrastructure to important local programs, to community festivals, OLG’s profits are hard at work in Peterborough and all across our province to build stronger communities. When you play at an Ontario casino, like Shorelines Casino Peterborough, you play for Ontario.”

The City of Peterborough is contributing $4 million toward the Canoe Museum’s capital campaign to support the construction of the new museum that opened on Ashburnham Drive, next to Little Lake, in May. The City used $500,000 from its OLG revenue in 2023/24 to fund part of its contribution to the Canadian Canoe Museum as stated by a press release.

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