The Saskatchewan Indian Gaming Authority announced 5th year in a row with profit exceeding CAD 80 million (US$62.7 million).
Canada.- The Saskatchewan Indian Gaming Authority (SIGA) announced it had a profit of CAD 86.3 million (US$67.6 million) last year, up 2.6 percent from the previous fiscal year. According to the organisation’s annual report, SIGA had revenues of CAD 258.3 million (US$ 202.5 million) in the fiscal year that ended March 31, 2016.
SIGA is the agency that runs Saskatchewan province First Nations casinos. It operates six First Nations casinos in Saskatchewan, including Bear Claw Casino near Carlyle, Dakota Dunes Casino near Saskatoon, Gold Eagle Casino in North Battleford, Living Sky Casino in Swift Current, Northern Lights Casino in Prince Albert, and Painted Hand Casino in Yorkton.
The profits will be allocated in three general areas: 50 percent to First Nations, 25 percent to charities and non-profit groups and 25 percent to the Saskatchewan government.
For the fifth year in a row SIGA has recorded profits over CAD80 million (US$62.7 million). It recorded CAD 86.3 million (US$67.6 million) in 2015-16; CAD 84.1 million (US$65.9 million) in 2014-15; CAD 80.2 million (US$62.8 million) in 2013-14; CAD 86.4 million (US$67.7 million) in 2012-13 and CAD 81.6 million (US$63.9 million) in 2011-12.