Milton receives third-quarter payment from OLG

OLG has issued its third-quarter payment to the Town of Milton.

The City of Milton has acquired greater than $2 million in gaming income from the Ontario Lottery and Gaming Company (OLG) for internet hosting slots at Parts On line casino in Mohawk.

A fee of $2,000,691 was lately issued for the third-quarter of 2021, a part of the $126.8 million general that the city has acquired since 1999.

Though gaming websites had been opened all through the third quarter — Oct. 1 to Dec. 31, 2021 — the continued unfold of COVID-19 had impacted gaming revenues.

“We're blissful that host gaming municipalities acquired funds this previous quarter by Municipality Contribution Agreements,” mentioned Milton MPP Parm Gill in a media launch. “As soon as public security restrictions are lifted once more, land-based casinos will proceed to play a significant position within the financial restoration of our communities.”

Present restrictions that noticed momentary closure of gaming websites since early January are anticipated to be lifted by the top of the month.

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