OHRIA’s June 6th submission to Standing Committee of Finance & Economic Affairs

8 June 2012

On Wednesday, June 6, OHRIA made the following in-person submission to the Standing Committee of Finance and Economic Affairs related to the 2012 Ontario Budget.  Click here to print the submission.

We encourage our members to use this package of information to speak with Mayors, MPPs, your community and the public.

Please take note of the charts on pages 6 and 7 of the document:

The Slots at Racetracks Program has been a key revenue generator to the OLG since its inception in 1999-2000. The tables chart the contribution to Province of Ontario revenues from the various OLG business lines for the 2002 through 2012 period.

Charts on Page 8 of the document: While OLG Resort Casinos do provide a portion of contribution to revenues for the Province of Ontario (by way of the “Win Contribution” on gaming at casinos), OLG Resort Casinos have reported a net loss from operations for 2006-07 through 2009-10. The following chart maps net contribution to OLG revenues from the four business lines.

The revenue losses from OLG Resort Casinos was identified by the Auditor General of Ontario as reported in the 2010 Annual Report of the Office of the Auditor General.

If you need any additional information please contact OHRIA at:

Tel: 416-679-0741 / Email: ohria@ohria.com / Website: www.value4money.ca

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