Hamilton gets $1.7 million from province in Q2 for hosting Flamboro casino
Published October 20, 2022 at 8:16 am
The City of Hamilton received a second-quarter payment from Ontario Lottery and Gaming Corporation (OLG) totalling $1,711,347 for hosting Elements Casino Flamboro.
For the fiscal year, Hamilton’s running revenue total from the provincial crown company is $3,409,632.
Payments made to host communities are based on a formula applied across all gaming sites in Ontario.
“Revenue from OLG’s Municipality Contribution Agreements supports host communities so they can invest in programs and services that benefit everyone, from neighbourhood parks to local festivals,” said Peter Bethlenfalvy, the province’s minister of finance. “These payments help to improve the quality of life and make Ontario a vibrant and exciting place to live, work and play.”
Since Elements Casino Flamboro opened in October 2000, Hamilton has received $98,540,803.