The Municipality of Chatham-Kent has received the second-quarter payment for hosting Cascades Casino.
The Ontario Lottery and Gaming Corporation distributed $414,540 to the municipality for the period of July 1 to September 30.
Chatham-Kent has received $756,584 so far for the fiscal year. Since 2001, the municipality has received over $16.9 million in payments from the former Dresden Slots and current Cascades Casino.
Payments are based on a formula applied across all gaming sites in Ontario using a graduated scale of gaming revenue at the hosted site. Funds are put toward local infrastructure projects and community programs.
“OLG continues to be a proud partner in hosting gaming communities,” said Peter Bethlenfalvy, Minister of Finance. “Municipality Contribution Agreement payments help these municipalities fund priorities such as community infrastructure, parks and recreation and local health care facilities, benefiting families and local residents.”
