OLG makes third quarter payment to Niagara Falls
By Shelby Knox
The latest payment from OLG to the City of Niagara Falls comes in at 6,101,268.
The latest payment from OLG to the City of Niagara Falls comes in at $6,101,268.
Since December of 1996, Niagara Falls has received more than $111.8 million in non-tax gaming revenue.
These payments are made under an equitable formula in the Municipality Contribution Agreement that determines the funds municipalities receive for hosting a gaming facility and are based on a graduated scale of gaming revenue that is consistent across all sites in Ontario.