First Nations To Receive More Casino Profits

First Nations To Receive More Casino Profits

Thursday, September 20, 2007 at 15:34

First Nations communities across Saskatchewan will be receiving more money — thanks to a new agreement signed between the Federation of Saskatchewan Indian Nations and the provincial government.

Yesterday, the two parties signed a gaming agreement that will give 50 per cent of casino profits to First Nations, rather than the 37.5 per cent they received before.

That’s an additional $40 million a year.

FSIN Chief Lawrence Joseph says this is a step in the right direction, but the ultimate goal is to have First Nations have complete jurisdiction over their casinos.

He says another thing he likes about the new Gaming Framework Agreement is it calls for more work to be done to keep the operations accountable through more detailed reporting.

There is also a provision for $250,000 to be set aside for problem gambling prevention.