The Saskatchewan Indian Gaming Authority announced today revenues of 253.7 million dollars with net earnings of 81.1 million for the 2016-17 fiscal year.
As a non-profit corporation, 100 percent of SIGA’s profits are distributed to their beneficiaries in Saskatchewan.
Half of the profits are shared with the First Nations Trust, distributed to Saskatchewan First Nation communities.
The other half is split between regional Community Development Corporations, situated in the casino locations and the provincial government’s General Revenue Fund.
SIGA President and CEO Zane Hansen says profits were down a slight 2 per cent this past year but it can be expected when certain sectors of the economy are suffering.