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Township approves new OLG agreement

from The Wellington Advertiser

Centre Wellington council has passed a new agreement with the Ontario Lottery and Gaming Corporation (OLG) that will see its portion of slots revenue from the Grand River Raceway remain unchanged. Councillors recently approved recommendations from chief financial officer Wes Snarr and acting CAO Andy Goldie regarding a new Municipality Contribution Agreement. They recommended council pass a bylaw authorizing the mayor and clerk to execute a new Municipality Contribution Agreement with the OLG. The report noted the OLG is entering into a new Municipality Contribution Agreement with each host community under its Modernization of Lottery and Gaming in Ontario plan. The plan includes a new municipal funding formula, and engagement of regulated private sector provider companies with experience and expertise operating gaming facilities. more

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