The Ontario Lottery and Gaming Corp. (OLG) has issued a second-quarter revenue payment of $1.5 million to Hamilton, the city's share of revenue from Flamboro Downs.

The payment - covering July to September - is part of an anticipated total 2013 payment of about $4.7 million, the amount budgeted by the city for OLG payments this year.

OLG is using a new formula announced in May that it says will provide more money for municipalities that host slots. The formula is based on an escalating scale of slot-machine revenue consistent across all sites, the OLG says.

In 2012, the slot machines at Flamboro Downs generated more than $100 million, $4.5 million of which went to Hamilton last year.