The Saskatchewan Indian Gaming Authority says it has seen record high revenues for gaming in 2022.
Figures released suggest that approximately $293 million in revenues, representing a $100 million increase compared to 2021.
“This past year was an important time of recovery for SIGA from the pandemic, as we launched PlayNow.com in Saskatchewan and kept a steady focus on Building Back our most critical resources – our markets, our employees, and our finances. SIGA’s efforts were rewarded as a return of revenues to pre-pandemic levels, combined with operational efficiencies, resulted in record-breaking earnings for SIGA,” said SIGA President & CEO Zane Hansen.
Expenses totalled $166 million, leaving a profit of $126 million.
“SIGA continues to be a major driver in the province, strengthening the lives of First Nation people through employment, economic growth, positive community relations and financial self-reliance,” said Federation of Sovereign Indigenous Nations (FSIN) Chief Bobby Cameron.
50 percent of casino revenue is re-invested into First Nations communities.