Ontario Lottery and Gaming Corporation (OLG) has made its first quarter payment of $789,929 to the City of Peterborough for hosting Shorelines Casino Peterborough, announced on Wednesday.
The first quarter ran from April 1 to June 30. Peterborough has received $10,194,294 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.
“Host communities support important community programs and services and strengthen their local infrastructure with these gaming revenues,” said Peter Bethlenfalvy, minister of finance. “These financial supports help fund the vital programs and services that residents can depend on for their future.”