Saskatchewan gaming revenue doubles in 2021-22 alongside reopening of casinos

Saskatchewan gaming revenue doubles in 2021-22 alongside reopening of casinos

Article brief provided by CTV News Regina
  • Brendan Ellis, CTV News Regina
July 5, 2022 10:15 PM
  • Brendan Ellis, CTV News Regina

SaskGaming reported a $19.1 million net income in 2021-22, aided by increased revenues from the reopening of provincially operated casinos.

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Casinos remained closed for the first quarter of 2021-22, but the rest of the fiscal year saw operations return to more normalized operations.

“We netted $19.1 million which was an increase from 2020-21 where we realized a $13.4 million loss,” said Shanna Schulhauser, spokesperson for SaskGaming. “So really nice to see us sort of heading in that right direction.”

The corporation reported a revenue of $77.8 million for the fiscal year – up from 30.9 million in 2020-21. Expenses also rose last year, at $58.7 million in 2021-22 compared to 44.3 million in 2020-21.