Innisfil is nearly $1 million richer after payment from OLG
Fourth quarter payment impacted by temporary closure of casino
The Town of Innisfil has received fourth quarter payment of non-tax gaming revenue from the Ontario Lottery Corporation for hosting Gateway Casinos Innsfil. The bank account got topped up to the tune of $972,983.
“During these unprecedented times, we all feel a closer connection to our local community. Often the biggest impacts are the result of actions we take to help our neighbours,” said Andrea Khanjin, MPP for Barrie—Innisfil. “This fourth-quarter payment comes at a vital time as all levels of government work together to support people and employers during the COVID-19 pandemic.”
Casinos in Ontario have been closed since March 16 because of the pandemic.
OLG said due to the temporary closure of all gaming sites, this quarter’s payment was impacted by approximately 15 days worth of revenue and OLG expects the July 2020 payment will also be impacted.
In 2019-2020 fiscal year, Innisfil received a total of more than $6.2 million.