City sees bump in casino revenue

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City sees bump in casino revenue
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THUNDER BAY – The City of Thunder Bay is receiving a larger-than-usual payment from the Ontario Lottery and Gaming Corporation based on local casino revenues.

It's the highest quarterly payment the city has received since 2004, said city treasurer Linda Evans, around $75,000 higher than OLG’s average payment in the years before COVID-19. The OLG makes quarterly payments to casino “host communities” using a formula based on local gaming revenue. The City of Thunder Bay pulled in about $2.5 million in the 2019-2020 fiscal year from that arrangement.

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