SIGA Posts Record Profits

SIGA Posts Record Profits

Wednesday, November 01, 2006 at 15:33

For the first time in its history, the Saskatchewan Indian Gaming Authority has posted a profit in excess of $40 million.

According to its recently-released annual report for the 2005-2006 year, SIGA raked in $40.1 million in profits for the year ending March 31st.

That’s up from the $33.9 million recorded the previous year.

SIGA casinos brought in 2.2 million visitors in the last fiscal year, including 1.1 million patrons at Prince Albert’s Northern Lights Casino.

SIGA officials say it was an exceptional year that surpassed all revenue targets.

SIGA casinos current employ 1196 workers, with over 920 full-time equivalent positions. The authority had set a target of 80 per cent First Nations employment at its operations, but says the figure was actually closer to 73 per cent by fiscal year end.