Canada

SIGA Reports US$262 Million Revenue for 2018–2019

Published

6 years ago

July 18, 2019

Niji Narayan

SIGA Reports US$262 Million Revenue for 2018–2019

Photo Source: paintedhandcasino.ca

Reading Time: < 1 minute

The Saskatchewan Indian Gaming Authority (SIGA) has reported a profit for its casinos in 2018–2019. The seven casinos operated by SIGA had profits of CAD$82.5 million last year and revenues of CAD$262 million.

SIGA’s CEO Zane Hansen said: This performance is credited to the frequent and loyal patrons and “hard work” from employees for the successful year.

SIGA operates the Bear Claw Casino near Carlyle, Dakota Dunes Casino near Saskatoon, Gold Horse Casino in Lloydminster, Gold Eagle Casino in North Battleford, Living Sky Casino in Swift Current, Northern Lights Casino in Prince Albert and the Painted Hand Casino in Yorkton.

Half of the profits go into the First Nations Trust fund, which then goes to bands in the province, 25% of the profits go into the Saskatchewan General Revenue Fund and the remaining 25% is shared with regional Community Development Corporations.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.