Ottawa, ON – Ottawa Mayor Jim Watson is threatening to scrap city plans for a casino if the Ontario Lottery and Gaming Corporation doesn’t offer the same profit sharing deal as they did for Toronto.
Watson says he was shocked to hear that the OLG’s funding formula might be changed to give Toronto a bigger slice of the pie and sent a letter to OLG Chair Paul Godfrey on Friday.
“In November of 2012 the OLG confirmed that the payment formula will not be changed, yet all of a sudden we’re reading that it will be changed,” Watson said. “We want to be a good partner, we recognize the revenue that comes in that helps our infrastructure, education and health care but why should Toronto be treated better than any other municipality in Ontario?”
Watson says if the OLG is not willing to even things up by giving Ottawa the same revenue-sharing agreement as Toronto, he will recommend to council that the city withdraw from the casino bidding process.
If that were to happen, it would mean the Rideau Carleton Slots operation would stay open and perhaps go back to the original proposal which would add table games.
Here is a copy of the letter: