The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

The Ontario Lottery Corpora- tion finished its 14th year, ending March 31, 1989, with a record pro- fit of $484 million, announced Tourism and Recreation Minister Ken Black, who is responsible for lotteries in the province. "This year's financial results demonstrate significant success in the OLC's strategy to ensure the provincial lotteries remain chairman, Walter Stothers. "Our ongoing objective is to maintain a stable source of fun- ding for the government of On- tario for worthwhile projects being helped by lottery dollars," added Stothers. Since it was created, the Corporation has generated approximately $3.5 billion in profits. With a strong focus on new and revitalized games and innovative draws, the Corporation continues to provide low-cost entertainment and a variety of product choices to lottery players. For the third consecutive year, cash sales exceeded the $1 billion mark. At the close of the fiscal viable and exciting," said OLC PORT PERRY STAR -- Record profit for lottery billion, up $26 million. Profit - $484 million, up $13 million. Prizes - cash prizes - $608 million, up $10 million. Operating Expenses - maintain- ed a level of 8.1% of cash sales; operating expenses, net of in- terest income, were $105.8 million, up $2 million. Commissions - $102.4 million, up $1.3 million. New Games - Pick-3 launched January 1989. The Ontario Lottery Corpora- tion currently operates seven lot- teries in the Province: Wintario EXTRA, Lottario, Pick-3, Instant, Encore, Lotto 6/49 and Provin- cial, as well as periodic special event games. Wednesday, July 4, 1990 -- 37 Ontario residents benefit direct- ly and indirectly through the distribution of lottery profits. All proceeds are to be paid into the Consolidated Revenue Fund to be made available for the promotion and development of physical fitness, sports, cultural and recreational activities, and province-wide social service agencies (through the Ontario Trillium Foundation). In December 1989, Bill 119, an amendment to the OLC Act ex- panded the use of lottery profits to include hospital operations. Bill 114, which is currently before the Legislature, will, if passed, allow lottery profits to be used for the protection of the environment. The 2nd Scugog Beavers and Cubs pitched in to clean up the Scugog Shores Museum after Pioneer Days Sunday. Pic- tured (clockwise, from bottom left) Kristen Pettiplece, Scott Gerrow, Brad Allen, Chris Gerrow, Anne Allen, Alan Wolf, Adam Allen and Tim Wolf. year, total sales reached $1.3 billion, $26 million higher than the previous year. In the 1988/89 fiscal year, cash prizes of $608 million were made available, an increase of $10 million from the previous year. 1988/89 Highlights Sales - cash sales were $1.3 OPENING CEREMONIES | At the Gazebo in Palmer Park Thursday, July 12th - 7 PM FREE HOT DOGS & POP followed by the MEXICAN VOLLEYBALL CHALLENGE in the Festival Tent and at 9:00 PM a | MEXICAN BEACH PARTY in the festival tent with THE ELASTIC BAND FREE ADMISSION | PLEASE 'RECYCLE A E The Golden Slippers performed at the Central Seven Bar- becue on Sunday. The barbecue was held outside at the Latcham Centre. The sky looked threatening and drops of rain sprinkled down on the performers and the people In at- tendance, but the clouds soon cleared making way for a lovely Canada Day celebration on the waterfront. Ww. a on the SHIRLEY ROAD, No. 19 WEDNESDAY: Spaghetti ... $2.99 THURSDAY: Banquet Burger with Caesar Salad... $4.99 FRIDAY: Open for Lunch 11:00 AM Evening Dinner Special - Caesar Salad with I Garlic Seafood Sautee ... $11.95 x SATURDAY EVENING: - Caesar Salad or Clam Chowder, 1 Prime Rib of Beef, Apple Pie & Coffee ... $14.95 SUNDAY BRUNCH: $3.95 to $8.95 SUNDAY FAMILY DINNERS: $6.95 to $9.95 II Wednesday through Sunday ... it's . Great Food at Reasonable Prices! I WEDDINGS - BANQUETS : SPECIAL BIRTHDAYS or ANNIVERSARY PARTIES Call Sid 985-9713