SaskGaming releases annual report, declares $65.4M income
Crown corporation says revenue hits $158.2 million in the 15-month period of 2015-16
SaskGaming released its annual report for the 15-month period of 2015-16 on Monday.
The Saskatchewan Gaming Corporation, or SaskGaming, operates Casino Regina and Casino Moose Jaw.
Like the province's other Crown corporations, SaskGaming's fiscal year ended in March 31, 2016.
According to Nancy Heppner, minister responsible for SaskGaming, it was a "successful year" for the Crown corporation.
"We are pleased to support a broad spectrum of initiatives and programs like the First Steps Spinal Cord Injury Wellness Centre to soup kitchens in Moose Jaw and Regina," Heppner said in a news release.
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In the 2015-16 annual report, SaskGaming said expenses were reduced $3.8 million compared to 2014.
Here are some of the notable financial figures:
- Revenue: $158.2 million
- Expenses: $92.8 million
- Dividend to the Crown Investments Corporation: $26.1 million
- Payment to general revenue fund: $32.7 million
The $32.7 million payment to the general revenue fund is split between the First Nations trust and the community initiatives fund.
SaskGaming also said a portion of the funds are directed to the Métis development fund. In a 12-month period in 2014, SaskGaming contributed $24.9 million to the general revenue fund.
SaskGaming said its total guest count for 2015-16 was 4.39 million people.
In terms of the sources of revenue, SaskGaming said slot revenues dropped by $500,000, while table games increased by $500,000 — an increase of 3.5 per cent compared to 2014.
Food and beverage revenue was down by $100,000.
Read the full 2015-16 annual report, which covers a period from Jan. 1, 2015 to March 31, 2016, here.