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SIGA nets $84 M in profits in last fiscal year

Second $1M jackpot won in 3 weeks at Dakota Dunes Casino

The Saskatchewan Indian Gaming Authority released its latest financial statements Tuesday.

The non-profit made $256.5 million in revenues and a profit of $84.1 million, which is administered to its beneficiaries through the government of Saskatchewan.

More than $42 million goes to a First Nations trust, which is distributed to Saskatchewan First Nations communities. An additional $21 million is shared with regional community development corporations that are tasked with local initiatives.

Finally, about $21 million goes to the provincial government's general revenue fund.

According to SIGA, this is their fourth straight year of net earnings above $80 million, and these recently released profits are up 4.85 per cent from the previous fiscal year. Since its inception almost 20 years ago, SIGA has generated more than $650 million for its beneficiaries.