Released on October 20, 2004
The Federation of Saskatchewan Indian Nations (FSIN) has been granted conditional approval for the Saskatchewan Indian Gaming Authority (SIGA) to build and operate a new casino in the City of Swift Current.
The approved casino will facilitate the development of a performing arts centre in the City of Swift Current.
Residents of Swift Current voted in favour of a new casino during last fall's municipal elections.
"SIGA casinos have already created significant jobs, business opportunities and economic spinoffs in this province for First Nations and non-First Nations alike," Premier Lorne Calvert said. "A casino in Swift Current will expand on that success and provide more than 300 long term local jobs. This new development, which will be located adjacent to the Trans-Canada Highway, will further enhance tourism opportunities for Swift Current and southwest Saskatchewan."
Before the development of a new casino proceeds, the government and the FSIN must amend the 2002 Gaming Framework Agreement (GFA) to allow for the establishment and operation of an additional casino. Amendments will include a provision to hold profits in trust that would normally flow to First Nations from the new casino in the event that outstanding accountability issues are not fully addressed by the time the casino is operational.
The new casino will be SIGA's sixth casino in Saskatchewan. SIGA currently operates casinos in Prince Albert, North Battleford, Yorkton and on the White Bear First Nation near Carlyle. In August, SIGA was granted conditional approval to construct a casino on the Whitecap Dakota First Nation south of Saskatoon. Amendments to the GFA to allow the development of the Whitecap casino have been tentatively reached. They include an increase of $500,000 in problem gambling funding to the First Nations Addiction Rehabilitation Foundation. With this increase, Saskatchewan will spend $4.5 million annually on problem gambling prevention and treatment, the highest amount per capita in Canada.
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For More Information, Contact:
David Morris Saskatchewan Liquor and Gaming Authority Regina Phone: (306) 787-1721 |