|SIGA Posts 27 Percent Profit Increase|
|Wednesday, 06 June 2012 12:01|
The Saskatchewan Indian Gaming Authority is reporting an 81 point 6 million dollar profit for the fiscal year.
SIGA is crediting favourable market conditions and a milder winter for one of their best financial years on record.
President and C-E-O of SIGA, Zane Hansen says when it comes plans for the future, they have a few ideas in mind.
"You are seeing the emergence of online gaming as being something provinces are looking at, and we'll see how we can be a part of that. There are other factors such as single event sports wagering, and as well, we'll always keep a focus on other markets, whether they are in Saskatchewan or outside."
The money will be distributed to the province's general revenue fund, 25 percent will go to local initiatives, and half of the funds will be shared with the First Nations Trust, which is distributed to First Nation communities.
[ED Jun 6/12]