Beginning in 2013, all host municipalities will see their share of revenue from Ontario Lottery and Gaming facilities effectively bumped from 5 to 5.25%. The increase reflects a change in OLG accounting procedures, as it moves from Canadian to International standards, and the attendant effect on the calculation of net revenue. The new net for […] Read more »
Dropping Slots at Racetracks Program Would Dig Ontario Government in Deeper, Adding $1.1Billion to Annual Deficit, says OHRIA
The Ontario Liberal government's plan to terminate the Slots at Racetracks Program would add $1.1 Billlion to the province's annual deficit, according to Read more »