Slot Machines - News

Headlines About Slot Machines

Municipality Gets Slot Machine Check

The municipality of Sault Ste. Marie has to be more than a little excited today – for they just got a really good check from the OLG Casino Sault Ste. Marie. The municipality received their quarterly slot machine check for $373,971 bringing the total of the amount of slot machine revenues to more than $17.6 million – just for hosting the casino. This was their first quarter slot machine revenue check, and was for the period of April to June of this year.

The casino has been around since May 24^th of 1999 and since that time they have had almost ten million visitors to their slot machines. Both the city and the casino feel that the location has been beneficial to both parties. The city has made millions of dollars off of the slot machine revenue that has come through and the casino has made even more. The money that comes from the slot machines goes to benefit the community in ways that they could not do without their support.

Each year the city puts the slot machine revenues that they get toward the development of the new hospital and a physician recruitment program. At least a million dollars each year goes towards building the new hospital, which they anticipate will take them around thirteen years to fully fund and complete the project. They say that without the slot machine revenue this would just not be possible. The OLG pays out five percent of the gross slot machine revenue from the first 450 slot machines and two percent from the rest to the municipality that hosts the casino.

Back to July Index - Slot Machines Fan

Slot Machines

Slot Machine News

Slot Machines - Books