The OLG Proposal for Casino Funding

The OLG (Ontario Lottery & Gaming Corporation) has proposed a new revised plan for the funding formula for any downtown Toronto Casino. According to reports, the figure might reach one-hundred million dollars per year or even more.

This amount of money is going to be paid to the city by the coffers of the casino.  This plan has not been yet approved or officially announced. Such decision and proposal might have a great effect on gambling in Toronto.

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May 3, 2013 by : posted in Recent News No Comments