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Gaming profits up

Article Origin

Author

Compiled by Shari Narine

Volume

16

Issue

9

Year

2012

Saskatchewan Indian Gaming Authority casinos saw a 27 per cent increase in net earnings in 2011-2012 with revenues of $267.2 million and profits of $81.6 million. “Both of these figures are new record levels for our company,” president and CEO Zane Hansen told the Star Phoenix. Dakota Dunes was the highest grossing casino with Northern Lights casino, in Prince Albert, ranking second. Three per cent of net earnings went to sponsorships, community events, scholarships and employee volunteer initiatives and included a $500,000 donation to the Children’s Hospital of Saskatchewan. Fifty per cent of profits are paid to Saskatchewan’s 72 First Nations, 25 per cent goes to regional community development corporations and 25 per cent goes to the provincial government.