Add another $433,000 to the city’s coffers.
This after the city received a second quarter payment from Ontario Lottery and Gaming for hosting Cascades Casino North Bay.
Since the gaming site opened in March 2022, the city has received $5,685,175.
“North Bay is able to offer local programs and improve the quality of life of our residents through the economic activity generated through revenue from Cascades Casino North Bay,” said Vic Fedeli, MPP or Nipissing. “The people of Ontario benefit from OLG’s gaming revenues as 100 per cent of OLG profits are reinvested in the province to support provincial priorities.”
The money is used as a funding source for community capital projects.
