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Ontario Premier Doug Ford lashed out at Ontario Lottery and Gaming Corporation (OLG) executives last week after a report by CBC News revealed they are eligible to receive bonuses this year, despite an expected loss of more than $200 million in revenue and layoffs of casino workers.
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According to a first-quarter financial report from the province last week, revenues are expected to be on the downturn at OLG from $809 million to $600 million.
Ford says that in speaking with OLG Chair Peter M. Deeb Friday, he was informed that OLG could potentially trigger lawsuits by clawing back the bonus payments.
“They should’ve sat around the table, in my opinion, and thought this out,” Ford told reporters Friday. “I know there’s legal ramifications – they checked with finance, they checked with legal and they said, ‘Well, this is for last year’s bonuses before COVID came into place'.”
9.2 OLG may, at its discretion, provide Players Bonus Funds for customer service purposes, and such Bonus is subject to the terms of these General Terms or any other terms OLG may from time to time specify (including the requirement that certain Wagering Requirements be met, that the Bonus Funds must be utilized within a specific time period. OLG Online Casino. Ontario Lottery and Gambling Corporation, which runs the OLG online casino, is a government-owned operator licensed and administered by the province of Ontario. It is significantly different from any other Canadian betting site you might have seen before, as the company primarily focuses on lotteries and pays great attention. A High Risk rating should be taken seriously. It may help to take a break from gambling on OLG or to consider our Self-Exclusion program. These steps are simple and confidential. Use of Rating: this rating only considers your gambling at OLG.ca and/or My Play Profile Quiz results. This means your risk level may vary when playing at casinos, Charitable Bingo & Gaming Centres or on other online. LotaPlay Casino / €88 FREE Sign up Bonus. You are always welcome at LotaPlay Casino! Welcome to the best online casino - LotaPlay! By signing up for this service you will receive our newsletters with the latest information about our lottery products. You’ll also receive our contest emails so that you have the full scoop and are able to participate as soon as contests are available. Monthly newsletters: sports lottery games, contests and promotions.
“But again, the perception, the reality out there, you nailed it. There’s 15,000 people out of work, and the big-wigs are getting a bonus. You got to think these things out, guys. You got to be sitting around the table and think, is this prudent to do this? And I understand the legal ramifications. I was told, yeah, the lawsuits would be flying everywhere. Well, save it – maybe this year, they should forgo a bonus. They’re making big bucks.”
Ford says he intends to “dig into this deeper,” and wants to follow up with Deeb and Ontario Finance Minister Rod Phillips, who oversees OLG.
“It’s just not good. It is not good at all. People are struggling out there, people at the casinos,” he said.
Ford has lashed out at OLG executives, characterizing them as ‘fat cats.’ According to The Sunshine List, more than 400 OLG employees made more than $100,000 in 2019, with departing chief executive officer Stephen Rigby topping the list with a salary worth more than $765,000 annually.
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“Guys, think before you start giving out all these bonuses. Like, give me a break,” he said. “Sometimes they just don’t think. For all these big smart guys, they aren’t too friggin’ smart.”
In May, Ontario offered its lottery and gaming corporation a $500-million line of credit to assist with operational costs during the COVID-19 pandemic.
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