On August 4, 2022, the Ontario Lottery and Gaming Corporation announced that it has reached an agreement to extend the contract of the operator of Caesars Windsor Casino. The premium gaming establishment is owned by the OLG, but it is operated by the gaming leader – Caesars Entertainment Windsor Limited. Thus, continuing their cooperation for at least several years.
The OLG is a state agency that is responsible for conducting responsible gambling entertainment in the Province of Ontario. In addition to gaming, the Crown corporation also offers lottery products, and sports betting in both online and land-based forms. Through its operations, since 1975 the OLG has provided over CA$55 billion to the province.
New Contract Agreed
At the start of the month, the Crown agency announced that it has an agreement in place to extend the contract of Caesars Entertainment Windsor Limited, which operates Caesars Windsor Casino. The OLG supports casino operators in the province, which are among the key players in the local economic recovery while also delivering gambling entertainment, jobs, and investments in the province.
According to the Crown corporation, the new agreement builds on the previous one and extends it by one more year. It is now set to expire in August 2025, and it features the same terms and conditions. The Crown also has the option to extend the term for a minimum of six months and up to a maximum of 12 months with the operator. But ending no later than August 2026.
Through its competitive procurement process, the Crown corporation has chosen service providers to operate gaming bundles across the province. And the timing of procurement for the Windsor Gaming Bundle will be reviewed and addressed in the future, says the OLG. And over the last couple of years, the operations of the casino have been impacted by numerous closures.
Earlier this year in April, the OLG send out its fourth-quarter revenue sharing allocation to the City of Windsor for hosting Caesars Windsor Casino on its territory. For the period of January 1, 2022, through March 30, 2022, the payment reached CA$1,010,143. For the previous three quarters, the city received approximately CA$5 million in revenue, which were reinvested into the local coffers.
New Collective Agreement
And back in March this year, Unifor Local 444 which represents gaming workers for the casino, managed to strike a new and improved collective agreement with the employer. Discussions were rather short as they started in February and concluded in the middle of March. According to the union, an overwhelming 93% of the staff has voted in favour of the proposed contract.
The new collective agreement will award union members a wage increase over the next three years. In the first year, their wages will increase by CA$0.50, then in the second year by CA$0.75, and again by CA$0.50 in the third year. While new employees would receive a signing bonus of CA$1600 for full-time positions, part-time would get CA$1200, and casual workers will enjoy a CA$675 one.
Source: “OLG Supports Windsor Casino with Operating Agreement Extension”, OLG, August 4, 2022