Fourth-quarter gaming revenue payments decreased from the third quarter for both the City of Peterborough and Cavan-Monaghan Township, the Ontario Lottery and Gaming Corporation reports.
On Friday, the OLG announced a fourth-quarter (Jan. 1 to March 31) payment of $678,417 to Peterborough for hosting Shorelines Casino Peterborough.
That payment is down from the third-quarter (Oct. 1-Dec. 31, 2023) payment of over $704,000 and also the second-quarter (July 1 to Sept 30) payment of more than $800,000.
It’s also down from the $716,378 issued as a fourth-quarter payment a year ago.
During the OLG’s fiscal year ending March 31, 2024, the City of Peterborough received $2,973,019.
Since the casino opened in October 2018, the city has received $12,377,384 in non-tax gaming revenue, the OLG reports.
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Cavan-Monaghan Township received a fourth-quarter payment of $72,868 for hosting Shorelines Slots at Kawartha Downs in Fraserville.
It’s a dip from the $76,278 issued in the third-quarter.
A year ago, the fourth-quarter …