Tuesday, May 17, 2011

Fewer dollars coming from OLG

The City of Thunder Bay will be losing money as the result of accounting changes at the Ontario Lottery and Gaming Corporation. The OLG's Tony Bitonti  says the changes will result in a reduction in the quarterly dividends which this year will amount to about 65 thousand dollars.  Bitonti says, however, the city's 5 per cent share of slot machine revenues from the casino is not changing