The MOU will survive any change in the gaming operator.The City and the Region keep their respective responsibilities for establishing policies, budgets, and service levels for programs and services within each jurisdiction.The CAOs for the City and the Region will hold semi-annual meetings to share information.Each year, the City will retain the first $10 million in casino revenues (through its hosting agreement with OLG) and will then split the remaining balance 50/50 with the Region of Durham, with a cap of $6 million per year.Īdditional provisions of the MOU include: The agreement stipulates that revenue sharing will be retro-active to January 1, 2023, with payments made by the City to the Region annually. Uniquely, the City and the Region signed a Memorandum of Understanding (MOU) agreement outlining the sharing of revenues between them.

Together, the City and Region hope this revenue will help to meaningfully address their shared goals including more affordable housing and enhanced social services in the community. Pickering is the first and only host community in Ontario to voluntarily share its revenues with another municipality and/or regional government. As the upper-tier municipal government, Durham is responsible for providing social housing, transit, policing, and other services to residents across the Region. The City of Pickering is the host community (those with gaming facilities located in their communities) for the casino and is a municipality located within the Region of Durham.

casino, a brand new 275-room hotel, a 2,500-seat performance theatre, nine distinct dining venues and event space, and flexible meeting space. This $500M entertainment destination features a 96,000 sq. In 2023, Great Canadian Entertainment held its official grand opening event for Pickering Casino Resort Hotel. Pickering Shares Casino Revenue with Durham Region to Address Shared Goals By Rob Kirsic

Pickering casino resort opening