The City of Windsor has raked in over $1.5 million for hosting Caesars Windsor.
For the fourth quarter of the 2019-2020 fiscal year, which covers January through March, the city has received a payment of $1,658,011 from Ontario Lottery and Gaming (OLG).
The payment comes at a time Caesars Windsor has been forced to remain closed due to the COVID-19 pandemic, which has forced the closure of all gaming properties across Ontario by order provincial government.
"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 neighbours," said Ontario Minister of Finance Rod Phillips. "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."
With Caesars Windsor and other facilities closed until further notice, the payment for the first quarter of the 2020-21 fiscal year will certainly be affected.
As the host for Caesars Windsor, the city gets quarterly payments from OLG under a Municipality Contribution Agreement. A prescribed formula consistently applied across all sites in Ontario is used, based on a graduated scale of gaming revenue at the hosted site or sites.