Casino Revenues for 2007 fiscal for all Provincial casinos can be found at Casino, bingo hall ran up $60.5 million in revenue (PRINCE GEORGE) (Only $30.4 million in Vernon) (Prince George population is 72,500)
Although Lake City Casino took out $28,540,144 in the same period you can see that the Host City of Vernon actually only received $1,763,005 which is only 6.18% of gross. This would indicate that the net would be $17,630,005 and the difference of 10,910,139 or 38.22% represents overhead costs.
As the BCLC has approved a further 2% of gross to be applied against future expansion costs the overhead costs before Vernon got their 10% cut of net would rise to 40.22%. This 2% increase would lower Vernon's take by $57,080 if the same gross was used.
Below are Host Government shares around the provinces and the amount of their take since 1999 up to and including the first 3 months (Apr 1-June 30 2007) of the new fiscal year. CLICK TO ENLARGE
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