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How much money does OLG generate and how is that money used?

money olg Used
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How much money does OLG generate and how is that money used?

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The Ontario Lottery and Gaming Corporation Act, 1999 directs gaming proceeds to provincial hospitals, sport, recreational and cultural activities, and to charitable organizations and non-profit corporations through the Ontario Trillium Foundation, and other government priority programs such as health care and education. In the 2004/05 business year, OLG generated approximately $2 billion in proceeds that were allocated by the Province of Ontario, including: • $1.5 billion to hospitals • $334 million to general government priorities such as health care and education • $100 million to the Ontario Trillium Foundation • $36 million to problem gambling In addition to these public benefits, shares of OLG revenues were also directed to support other sectors, including: • $300 million to Ontario’s horse racing industry • $105 million to Ontario First Nations • $75 million to municipalities hosting OLG gaming sites For more information: Where the Money Goes.

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