Regulation

First Nations in Saskatchewan report $258M in gaming revenues

Tuesday, June 7, 2016

The Dakota Dunes Casino is located on the Whitecap Dakota First Nation near Saskatoon, Saskatchewan. Photo from Facebook

The Saskatchewan Indian Gaming Authority reported $258.3 million in revenues and $86.3 million in profit for the 2015-2016 fiscal year.

The figures represent a small increase in revenues and a 2.6 percent increase in earnings from the year prior. The profits go to First Nations communities, with local partners and the provincial government.

"Since opening our doors 20 years ago SIGA has delivered over 950 million dollars in net profit to communities and charitable organizations in Saskatchewan. It’s with a deep sense of pride and knowing that the vision that the Chiefs of Saskatchewan had when they developed SIGA has resulted in the success we share today," Chief Reginald Bellerose, the chairman of SIGA's board, said in a press release.

SIGA operates a total of six Native casinos in the province. A seventh facility has been proposed and is going through the review process.

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SIGA earnings reported at $86 million for 2015-16 (The Battlefords News-Optimist 6/6)