April 22, 2022 3:00am
The operation of Caesars Windsor following a prolonged pandemic-related closure has resulted in a payment to the City of Windsor.
Ontario Lottery and Gaming (OLG) has provided payment to the municipality of $1,010,143, for hosting Caesars Windsor. The payment covers the fourth quarter of the fiscal year 2021, from January 1 to March 31, 2022.
“Municipality Contribution Agreements are an important source of funding for municipalities and help deliver critical services that the people of Ontario enjoy,” said Ontario Finance Minister Peter Bethlenfalvy in a media release. “Land-based casinos create good, local jobs and play an important role in supporting our economy, and the government will always support a strong and vibrant gaming sector in Ontario.”
With the 2021 fiscal year complete, the City has received $4,921,214 in gaming revenue. Since the entertainment complex opened in 1994, OLG has provided a total of $73,014,912 in quarterly payments.
The fourth quarter was a tricky one for Caesars Windsor and the gaming industry in Ontario, as public health restrictions resulted in 26 days of closures during the quarter, which affected gaming revenue. The provincial government allowed casinos to reopen partially on February 17, and fully reopen on March 21.
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