C-K receives more gambling cash

0
237
(Image courtesy Google Maps)

 The Ontario Lottery and Gaming Corporation’s second quarter payout to Chatham-Kent for hosting Cascades Casino Chatham is $439,029.

The sum covers the period from July 1 to Sept. 30, bringing the fiscal year’s earnings (April 2024 to March 2025) to $881,071 so far. Since the gaming site opened in 2001, the municipality has received $18.6 million. The payments are based on a consistent formula applied to all gaming sites in Ontario.

In a media release, Chatham-Kent–Leamington MPP Trevor Jones said that land-based casinos support good local jobs and generate important economic activity for host municipalities.

“Proceeds from gaming received through the Municipality Contribution Agreement with OLG, in turn, help strengthen local infrastructure and support community programs,” Jones said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here