The municipality scooped up a ceremonial cheque recently for nearly three-quarters of a million dollars.
The funds – $716,383 – represent a year’s dividends to the municipality from the Ontario Lottery and Gaming Corporation’s (OLG) Dresden Slots operation.
The funds are placed in general revenues to offset costs of municipal services.
“Our municipality’s arrangement with the OLG has been a long, cordial and very productive one,” Mayor Randy Hope said in a media release. “This money directly supports the delivery of efficient municipal services to Chatham-Kent residents.”
The OLG has been delivering dividend cheques to the municipality for nearly a decade and a half.
“OLG is especially proud of the relationship we’ve built in Chatham-Kent for more than 14 years,” Jake Pastore, OLG’s director of municipal and community relations said in a media release. “We also appreciate the contribution of our employees at OLG Slots at Dresden Raceway in making life in this community that much richer.”
