Casino pays city $535K in fourth quarter
Tuesday 21st April 2020
THUNDER BAY - Gateway Casinos - Thunder Bay is still paying dividends for the city, even though it's been closed for several weeks.
The Ontario Lottery and Gaming Corporation on Tuesday announced it will be giving the city $535,365 as its fourth-quarter payment, which closed on March 31.
The casino closed because of the COVID-19 pandemic on March 16.
"During these unprecedented times, we all feel a closer connection to our local communities. Often the biggest impacts are the result of actions we take at the local level to help our neighbors," said Minister of Finance, Rod Phillips, in a release.
"These fourth-quarter payments come at a vital time as our partners at all levels of government work together to support people and employers during the COVID-19 pandemic."
In the 2019-2020 fiscal year, the City of Thunder Bay received a total of $2,501,323. Life to date, Thunder Bay has received more than $48 million in non-tax gaming revenue, an average of more than $625,000.
The province has not said when the casino will reopen.