Home Ranch News OLG annouces Quarterly Payment to Centre Wellington for Elements Casino Grand River

OLG annouces Quarterly Payment to Centre Wellington for Elements Casino Grand River

Township set to use $717,647 based on an allocation policy; 88 % to Township Capital, 5% to Arts, Cultural & Heritage and the remaining to Economic Development.

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The Ontario Lottery & Gaming Corporation announced the revenue set to be received by Centre Wellington for it being the home of Elements Casino Grand River in Elora.

OLG is distributing $717,647 for the quarterly period from 2022 for October to December.

The Township uses the funds it receives based on an allocation policy; 88 % to Township Capital, 5% to Arts, Cultural & Heritage and the remaining to Economic Development.

The Township signed an amended agreement with OLG in December to factor in additional proceeds of 4% of proceeds from sports betting at the facility.