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Hosting Casinos Continues To Pay Dividends To CK

Cascades Casino. Photo credit: Greg Hetherington.

Chatham-Kent has received its first payment of the fiscal year for hosting Cascades Casino.

The Ontario Lottery and Gaming Corporation (OLG) has paid $442,042 to the municipality for the first quarter from April 1 to June 30.

Since April 2001, Chatham-Kent has received $18,241,507 from both the former Dresden Slots and the current Cascades Casino.

Payments to host communities 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.