Released on April 3, 2012
SaskGaming's annual report was tabled in the Legislature today, with income before transfers at $51.7 million. Of that, $25.9 million was transferred to the provincial General Revenue Fund (GRF) and a dividend of $20.7 million was declared to the Crown Investment Corporation (CIC).
"In 2011, SaskGaming made a significant contribution to our province's economy," Minister responsible for SaskGaming Ken Cheveldayoff said. "The money it provides to the General Revenue Fund, as well as the more than $759,000 given to worthy community groups and organizations in 2011, helps shape our province's bright future."
SaskGaming provides 50 per cent of its profits to the GRF, which distributes gaming profits to the Community Initiatives Fund, First Nations Trust and Clarence Campeau Development Fund. The impacts of these contributions are felt throughout the province. Since 1996, SaskGaming has contributed more than $400 million to the GRF.
"I'm proud of our performance in 2011," SaskGaming President and CEO Twyla Meredith said. "We have laid the foundation for initiatives that are paying off for SaskGaming and the communities we serve. We are committed to being a leader in providing gaming entertainment in the province."
In 2011, Casino Regina and Casino Moose Jaw welcomed more than 3.5 million guests and provided quality employment to nearly 1,000 people.
SaskGaming continues to lead the public sector in diversity, with 42 per cent of its workforce represented by Aboriginal people.
SaskGaming's mandate is to offer casino entertainment in a socially responsible manner, generating quality employment, economic benefits to the community and profit for Saskatchewan people in partnership with First Nations.
To view a copy of the 2011 SaskGaming Annual Report, visit www.saskgaming.com.
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For more information, contact:
Heather Johnson
SaskGaming
Regina
Phone: 306-787-4023
Email: heather.johnson@saskgaming.com
Cell: 306-531-7597