SaskGaming experienced a solid financial year, according to an annual report released Monday.
The report reveals SaskGaming is declaring income of $65.4 million for the 15-month period ending March 31, 2016.
“SaskGaming had another successful year, which directly benefits Saskatchewan communities,” Minister Responsible for SaskGaming Nancy Heppner said.
“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.”
According to a press release, SaskGaming’s $32.7 million payment to the General Revenue Fund is split between the First Nations Trust and the Community Initiatives Fund, with a portion of the funds directed to the Métis Development Fund (also known as the Clarence Campeau Development Fund). The First Nations Trust and the CIF help support economic and social development projects and initiatives that enhance the vitality of First Nation and Métis communities across the province.
The government says the report covers the 15-month period from Jan. 1, 2015 to March 31, 2016 because of changes to the corporation’s year end. Change in year-end better aligns SaskGaming with government’s reporting schedule, according to a press release.
2015-16 Financial Highlights
• Revenue - $158.2 million in the 15-month period of 2015-16, compared to $128.0 million in the 12 months of 2014.
• Expenses - $92.8 million in the 15-month period of 2015-16, compared to $78.2 million in the 12 months of 2014.
• Income before payment to the GRF - $65.4 million in the 15 -month period of 2015-16, compared to $49.8 million in the 12 months of 2014.
• Payment to the GRF - $32.7 million, split between the First Nations Trust and CIF.
• Dividend to the Crown Investments Corporation - $26.1 million.
2015-16 Operational Highlights
• Total guest count of 4.39 million.
• Achieved guest satisfaction score of 80.7 per cent.
• Achieved guest opinion of safety on premises score of 87.0 per cent.
• Achieved guest awareness of responsible gaming score of 80.1 per cent.
• Introduced a disentitlement of winnings policy in October 2015 to help those who have voluntarily self-excluded from Saskatchewan casinos stick to their commitment to stop gambling.
• Provided $517,873 in donations, sponsorships and in-kind support to 74 organizations, projects and events across the province.
To view a copy of SaskGaming’s 2015-16 annual report, visit www.saskgaming.com.
