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SaskGaming income down from last year

Half of SaskGaming's net income goes into a General Revenue Fund, which pays into the First Nations Trust and Community Initiatives Fund. SaskGaming's revenue for the 2017-18 fiscal year was $119.4 million — $4.7 million less than last year's revenue, largely because people were spending less money at slot machines. Table games also produced less revenue than they did last year. TROY FLEECE / REGINA LEADER-POST The provincial gaming corporation’s annual income dropped last year, with the organization netting $46.4 million for the fiscal year that ended in March 2018 — a decrease of $2.4 million when compared to what it made in the 2016-17 fiscal year. The decline happened even though SaskGaming cut its operating costs and welcomed more people into its two casinos last year. According to the Crown corporation’s annual report, released Monday, income has declined “due to a number of factors outside the control of SaskGaming,” including the slowdown of the Saskatchewan economy, which means people have less money to spend at entertainment venues, including casinos. “It is expected that improvement in the Saskatchewan economy will increase revenue over time,” the report reads. SaskGaming’s revenue for the 2017-18 fiscal year was $119.4 million — $4.7 million less than last year’s revenue, largely because people were spending less money at slot machines. Table games also produced less revenue than they did last year. There were 3,512,803 people who visited Casino Regina and Casino Moose Jaw last fiscal year, up from 3,502,360 in the 2016-17 fiscal year.

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