Mississaugas of Scugog Island nets more than $840,000 in casino payout
Published January 18, 2023 at 1:06 pm
The Mississaugas of Scugog Island First Nation (MSIFN) received their third quarterly payout for hosting the Great Blue Heron Casino, netting the community more than $840,000.
The Ontario Lottery and Gambling Commission (OLG) announced they had delivered the funds earned from October 1 to December 31 on January 18. The grand total earnings come in at $841,199.
This latest payout brings the MSIFN’s total payouts this fiscal year, which ends on March 31, up to $2,866,070 so far. Since the casino opened in 2000 it has raked in $29,902,614 for the first nation. These payments use a formula based on the casino’s earnings.
In total, casino-host communities across Ontario have received $1.93 billion since 1994.
“Payments through OLG’s Municipality Contribution Agreement provide host gaming communities with the support they need to fund programs and critical infrastructure to improve the lives of residents and families,” said Minister of Finance Peter Bethlenfalvy, “with these revenues, municipalities are able to build better communities with more opportunities to live and work.”insauga's Editorial Standards and Policies advertising