When compared with the first quarter, second-quarter gaming revenue payments saw slight increases for both the City of Peterborough and Cavan-Monaghan Township.
On Wednesday, the Ontario Lottery and Gaming Corporation (OLG) announced a second-quarter payment of $800,021 to the City of Peterborough for hosting Shorelines Casino Peterborough.
The payment for the second quarter (July 1 to Sept. 30) is up from the first-quarter payment of over $789,000 issued in the spring, encompassing April 1 to June 30.
The $800,000 payment is also higher than the 2022 second-quarter payment of over $791,000.
To date during the OLG’s fiscal year (April 1, 2023 to March 31, 2024), the city has received $1,589,950 in gaming revenue.
Since Shorelines Casino Peterborough in the city’s west end opened in October 2018, the city has received $10,994,315 in gaming revenue, according to the OLG.
Cavan Monaghan Township
OLG also reported Wednesday that neighbouring Cavan Monaghan Township received a second-quarter payment of $89,929 for hosting Shorelines Slots at Kawartha Downs in Fraserville, south of Peterborough.
It’s just over $4,500 more than the $85,424 first-quarter payment issued this spring.
However, the payment is down from the more than $112,000 issued during the same time a year ago.
Since the gaming site opened in November 1999, Cavan Monaghan has received $61,549,191, the OLG reports.
Great Canadian Gaming owns both the Peterborough and Fraserville sites.
Comments