Hamilton is more than $1 million richer, thanks to Flamboro Downs.
The Ontario Lottery and Gaming commission issued a second-quarter (July to September 2012) non-tax gaming revenue payment of almost $1.6 million to the City of Hamilton Friday for hosting OLG Slots at racetrack site.
“OLG gaming sites continue to provide substantial benefits to host communities and Ontario families,” said Ted McMeekin, MPP for Ancaster-Dundas-Flamborough-Westdale in a media release.
“The modernization of Ontario's lottery and gaming businesses will result in new employment opportunities, increased tourism and additional revenues for the province to protect important public services like health care and education,” he said.
Last March, the OLG announced changes to Ontario's lottery and gaming industry.
According to the OLG, “modernization” efforts will create over 6,000 new jobs and improve the gaming industry.