Penticton Western News
The British Columbia Lottery Corporation (BCLC) generated $2.3 billion in revenue from the province's casinos, lotteries and bingo halls in 2005-06.
From this revenue, $642 million was paid out to lottery and bingo winners, and a further $697 million went to commissions and service fees and other operating-related expenses. Of the remaining net income (nearly $923 million), $914 million went to the provincial government, with more than half going into consolidated revenue ($556 million). Charitable and community organizations received $138 million. In the 2005-2006 fiscal year, approximately 80 per cent of British Columbians aged 19 or older played a lottery, 30 per cent visited a B.C. casino and six per cent visited a provincial commercial bingo hall. The City of Penticton recently received $40 million in gaming revenue from the provincial government to help finance the South Okanagan Event Centre approved last week in a referendum.
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