Showing posts with label bclc. Show all posts
Showing posts with label bclc. Show all posts
Saturday, June 16, 2018
Saturday, July 29, 2017
2015/2016 Casino Revenue and Host Government Share (and 2000-2016 fiscal casinostats for Vernon
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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http://www2.gov.bc.ca/assets/gov/sports-recreation-arts-and-culture/gambling/gambling-in-bc/reports/fin-rpt-local-gov-revenue.pdf
https://corporate.bclc.com/content/dam/bclc/corporate/documents/gambling-service-provider-commissions-report-2015-2016.pdf
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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https://corporate.bclc.com/content/dam/bclc/corporate/documents/gambling-service-provider-commissions-report-2015-2016.pdf
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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Wednesday, July 06, 2016
Gaming funds for volunteer program restored
by Richard Rolke - Vernon Morning Star posted Jul 6, 2016 at 9:00 AM
Funding for a program that links volunteers with community groups has been restored. NexusBC will receive a $41,000 gaming grant after successfully appealing a government decision earlier this spring to cancel funding for the volunteer service. “It’s good news,” said Lynn Belsher, NexusBC executive director. Belsher isn’t sure what led the government to reverse its decision. “It may have been all of the (media) attention paid to it,” she said. “They thought it wasn’t providing a benefit to the community as a whole but it does.” Through the program, Nexus recruited volunteers and referred them to non-profit agencies in the community needing help. Without the gaming grant originally, two employees were laid off. Belsher is talking to the former staff now about bringing the program back. “I hope this will happen within the next couple of weeks,” said Belsher. While she is pleased that the gaming grant has been restored, Belsher admits the government could withhold the money in future years. “I will send in another application but who knows if it will be accepted,” she said.
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Community Gaming Grant applications that are currently being processed are listed below, ordered by city.
https://www.gaming.gov.bc.ca/gaming/report/DirectAccessWebReport.do
Funding for a program that links volunteers with community groups has been restored. NexusBC will receive a $41,000 gaming grant after successfully appealing a government decision earlier this spring to cancel funding for the volunteer service. “It’s good news,” said Lynn Belsher, NexusBC executive director. Belsher isn’t sure what led the government to reverse its decision. “It may have been all of the (media) attention paid to it,” she said. “They thought it wasn’t providing a benefit to the community as a whole but it does.” Through the program, Nexus recruited volunteers and referred them to non-profit agencies in the community needing help. Without the gaming grant originally, two employees were laid off. Belsher is talking to the former staff now about bringing the program back. “I hope this will happen within the next couple of weeks,” said Belsher. While she is pleased that the gaming grant has been restored, Belsher admits the government could withhold the money in future years. “I will send in another application but who knows if it will be accepted,” she said.
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Community Gaming Grant applications that are currently being processed are listed below, ordered by city.
https://www.gaming.gov.bc.ca/gaming/report/DirectAccessWebReport.do
Monday, May 02, 2016
New Staffer Behind Grant Cuts
Posted on 5/2/2016 4:09 PM by Pete McIntyre 107.5 KISSFM
Vernon's rep in Victoria says he is guardedly optimistic about finding funding to help some struggling non profit groups. The Upper Room Mission, which provides meals to the less fortunate, and Nexus BC which recruits volunteers for non profits, have both had to reduce services due to cuts to their gaming grants. Vernon Monashee MLA Eric Foster says he's been talking about solutions with Community Minister Peter Fassbender. "I'm always guardedly optimistic. We are doing our best from this end, meeting with the minister, lots of discussion with my colleagues. We are trying to move forward on it," Foster tells Kiss FM. Foster is not sure what can be done, considering the grants have been issued. "We've got all kinds of suggestions but no answers, so hopefully over the next weeks, we'll be able to come up with some answers for folks." Foster says a staffing change appears to be one reason the grants went to different groups. "What happened was, the person who ran the gaming for years and years, she retired, and she had a way of doing things that was different from the people who came in behind her, so we're trying to smooth that transition out a little bit." The local John Howard Society is also in danger of losing a 25-thousand dollar grant for helping the needy with things like dental surgery that are not covered by other programs.
Vernon's rep in Victoria says he is guardedly optimistic about finding funding to help some struggling non profit groups. The Upper Room Mission, which provides meals to the less fortunate, and Nexus BC which recruits volunteers for non profits, have both had to reduce services due to cuts to their gaming grants. Vernon Monashee MLA Eric Foster says he's been talking about solutions with Community Minister Peter Fassbender. "I'm always guardedly optimistic. We are doing our best from this end, meeting with the minister, lots of discussion with my colleagues. We are trying to move forward on it," Foster tells Kiss FM. Foster is not sure what can be done, considering the grants have been issued. "We've got all kinds of suggestions but no answers, so hopefully over the next weeks, we'll be able to come up with some answers for folks." Foster says a staffing change appears to be one reason the grants went to different groups. "What happened was, the person who ran the gaming for years and years, she retired, and she had a way of doing things that was different from the people who came in behind her, so we're trying to smooth that transition out a little bit." The local John Howard Society is also in danger of losing a 25-thousand dollar grant for helping the needy with things like dental surgery that are not covered by other programs.
Lack of grant hurts community services
by Richard Rolke - Vernon Morning Star posted May 1, 2016 at 1:00 AM— updated May 1, 2016 at 6:05 AM
Evaporating funds have North Okanagan agencies struggling to maintain programs. Besides the Upper Room Mission, which has lost $100,000, NexusBC has had a provincial gaming grant scrapped and the John Howard Society could be next. “As of March 31, the volunteer service has closed,” said Lynn Belsher, NexusBC executive director. Through a $41,800 gaming grant, Nexus recruited volunteers and referred them to non-profit agencies in the community needing help. “Two staff have been laid off, no orientations for potential volunteers are taking place and non-profits have to recruit their own volunteers,” said Belsher. “Our organization will continue to exist, we have other programs here. The bigger loss is to the community. So many organizations depend on volunteers and use volunteer services to fill their volunteer needs.” The situation at Nexus has negatively impacted Special Olympics. “I, like most other volunteer co-ordinators,who are volunteers themselves, do not have time to flood the newspaper with ads,” said Alison Dennis, with Special Olympics. “I do not have a data base of places to advertise my volunteer needs. Nexus has that.” Nexus has appealed the government decision. At the John Howard Society, it has been warned that a $25,000 grant for the social supports program could be gone after eight years. “Unless we can prove broad community benefit, we will no longer be eligible,” said Barb Levesque, executive director. The $25,000 helps clients largely with health issues not covered by other programs. “We buy dentures and we spent a lot on dental surgery,” said Levesque. “We spend money on traumatized clients for psychiatric counselling. Many are victims of childhood sexual assault.” Work boots and other equipment are also purchased so individuals can get jobs. “The funds help people move on with their lives,” said Levesque, who questions what the B.C. Gaming Branch identifies as a broad community benefit. “We provide them with a long description of why services are important. We describe why it’s important that someone has teeth. “The broad community benefit is all citizens can participate in society to the best of their ability.” The government is defending its actions. “To receive funding, applicants must meet the eligibility criteria outlined in the program guidelines and comply with reporting procedures set out by the Gaming Policy and Enforcement Branch,” states the Ministry of Community Development. “Applications are assessed on an annual basis on the individual merits of each application. Letters are sent to applicants to advise whether grant applications have been approved or denied and they make a point to provide an explanation of the decision as well as useful information to organizations on how to improve their application next year.” The ministry states that funding for community gaming grants, has remained steady at $135 million annually in recent years. Ministry officials will meet with local groups May 19. “I hope they will distinguish the ideas around broad community benefit,” said Levesque.
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https://www.gaming.gov.bc.ca/reports/index.htm
Community Gaming Grant Applications in Progress (Vernon excerpted) (Note Date of application) This report was generated on: 02-May-2016 05:27 (Check Link for other local areas: Armstrong, Spall< Enderby, Lumby, & Coldstream)
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Excerpted Vernon Grants for period: (Check Link for other local areas: Armstrong, Spall< Enderby, Lumby, & Coldstream)
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Gaming Revenue Granted to, and Earned by Community Organizations - 2014/15 Full Report (by community)
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| http://www.vernonmorningstar.com/news/146006245.html posted Apr 4, 2012 at 1:00 AM |
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https://www.gaming.gov.bc.ca/reports/index.htm
Community Gaming Grant Applications in Progress (Vernon excerpted) (Note Date of application) This report was generated on: 02-May-2016 05:27 (Check Link for other local areas: Armstrong, Spall< Enderby, Lumby, & Coldstream)
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| https://www.gaming.gov.bc.ca/reports/docs/fin-rpt-grants-year-to-date-payments-2015-2016.pdf? |
Excerpted Vernon Grants for period: (Check Link for other local areas: Armstrong, Spall< Enderby, Lumby, & Coldstream)
Gaming Revenue Granted to, and Earned by Community Organizations - 2014/15 Full Report (by community)
Friday, October 02, 2015
Where Does All The Casino Money Go (Updated to March 31,2015) Click to enlarge.
https://www.gaming.gov.bc.ca/reports/docs/fin-rpt-local-gov-revenue.pdf?
Local Government Share of Provincial Casino and Community Gaming Centre (CGC) Revenue - Year-to-Date - Fiscal Year 2014/15 The Province shares gaming revenue with local governments that host casinos and community gaming centres in British Columbia. Host local governments receive ten per cent of the net casino gaming revenue from casinos and community gaming centres within their jurisdiction.
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/gambling-service-provider-commissions-report-2014-2015.pdf
Tuesday, October 29, 2013
Gaming Grants Paid to Community Organizations - 2013/14 (Local Area)
Gaming Grants Paid to Community Organizations - 2013/14 Year-to-Date Report (by community) - April 1, 2013 to October 11, 2013
Saturday, August 17, 2013
Largest casino in B.C. Kootenays to unionize
Employees at the largest casino in the Kootenays have voted to bring in a union. The BCGEU will represent the 84 employees of the St. Eugene Golf Resort and Casino between Cranbrook and Kimberley, after two-thirds of the workers voted to unionize last week. "Many of the workers decided to join the BCGEU essentially because they wanted respect in the work place, and the union to address some key issues such as wages, job security, seniority and fairness," said BCGEU spokesperson Erin Sikora. Workers who deal cards, clean rooms and check in guests currently make between $10-15 an hour, plus tips. "The next step for staff over there is to elect a negotiating committee. They'll develop bargaining priorities and sit down for contract talks with the employer," Sikora added. The employer did not return calls about being unionized. 'The Mission,' as it's known locally, was a former residential school and Catholic mission that was established to bring Christian education to interior First Nations. The school was closed in 1970, and largely abandoned for two decades. In the early 2000s, the historic building and grounds was converted into a golf resort and casino, which is now operated by the local Ktunaxa Nation in partnership with the Samson Cree Nation and the Mnjikaning First Nations.
Friday, July 26, 2013
Where Does All The Casino Money Go (Updated to March 31,2013) Click to enlarge.
Don Quixote Note: These are the tables for the Casino revenue and distribution only. Some of the other cities have Community Gaming Centre Revenue which adds to the amount going to Host Government. Kelowna, Penticton and Kamloops have such centres (Vernon does not have a Chances Gaming Centre) The Revenue to Host City etc for the Community Gaming Centres can be found at:
Saturday, June 29, 2013
Powerhouse theatre gets grant money
by Jim Judd - Kelowna Correspondent - Story: 94388 Jun 29, 2013 / 6:00 am
A local arts group with a long history of offering great community theatre will benefit in the latest round of community gaming grants offered by the current BC Liberal Government. The Powerhouse Theatrical Society, a long-standing institution in the Vernon community, has been given a $25,000 grant towards its 50th season of theatre production. “For five decades this talented group of performers, staff and volunteers has kept us entertained and inspired,” said Vernon-Monashee MLA Eric Foster and a member of the Liberal caucus. “This grant will help the society continue to offer up exciting productions, as well as training and educational opportunities for the community.” The Community Gaming Grants allow non-profit organizations to apply for provincial gaming revenues. Across British Columbia, 68 recipients will share $2,212,640 in the latest round of grants. Last fiscal year, in 2012/13, the government distributed a total of $135 million in gaming grants for eligible community programs and services. Approximately 5,300 community groups benefited from funding during 2011/12. Full application information is available online at: http://www.pssg.gov.bc.ca/gaming/.
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A local arts group with a long history of offering great community theatre will benefit in the latest round of community gaming grants offered by the current BC Liberal Government. The Powerhouse Theatrical Society, a long-standing institution in the Vernon community, has been given a $25,000 grant towards its 50th season of theatre production. “For five decades this talented group of performers, staff and volunteers has kept us entertained and inspired,” said Vernon-Monashee MLA Eric Foster and a member of the Liberal caucus. “This grant will help the society continue to offer up exciting productions, as well as training and educational opportunities for the community.” The Community Gaming Grants allow non-profit organizations to apply for provincial gaming revenues. Across British Columbia, 68 recipients will share $2,212,640 in the latest round of grants. Last fiscal year, in 2012/13, the government distributed a total of $135 million in gaming grants for eligible community programs and services. Approximately 5,300 community groups benefited from funding during 2011/12. Full application information is available online at: http://www.pssg.gov.bc.ca/gaming/.
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- Fiscal Year 2012/13 - Year-To-Date Grant Report (by community) [PDF]
[XLS]
(April 1, 2012 to March 31, 2013)
Wednesday, June 26, 2013
City seeks gaming revenue increase
By Richard Rolke - Vernon Morning Star Published: June 26, 2013 1:00 AM
The City of Vernon wants a bigger piece of the action. Council is demanding the provincial government increase the amount of gaming revenue provided to communities to make up for dwindling casino profits. “The more it gets reduced, the less there is for infrastructure,” said Coun. Catherine Lord. Presently, the city receives 10 per cent of the net revenue from the local casino, or about $2 million a year. However, there is a concern provincial policies are negatively impacting that funding source. “Gaming opportunities are rapidly expanding in non-traditional venues, with egaming in particular, which dilutes the potential market share for established casinos,” said Will Pearce, the city’s chief administrative officer, in a memo to council. “Host local government share of casino revenues are based on overall casino activity.” The city says the B.C. Lottery Corporation had a record net income of $1,107.4 million in 2011/2012, largely because of egaming, while casino and community gaming revenues in B.C. fell short by $41 million. The city goes on to say that gaming revenue is one of the few non property tax-based sources of funding communities can use for services. “It’s a huge source of revenue,” said Lord. Coun. Bob Spiers believes the provincial government has a responsibility to ensure a steady revenue flow for communities. “They have taken away a lot of our customers who now gamble online,” he said. Spiers also points out that considerable dollars leave Vernon through gambling. “Of the $30 million going through the casino, the city gets $2 million and the rest goes back to Victoria,” he said. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
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Don Quixote Note: Actual breakdown of where money goes is as per chart below updated to end of fiscal 2011. (March 2012). The second chart is a 2010 illustration of the valley host government share for a 10 year period.
In 2012 Fiscal Vernon's share as host government amounted to $2,000,788.
For reports on casino gaming revenues and community gaming centre revenues shared with local governments, follow the links below. http://www.gaming.gov.bc.ca/revenue/index.htm#five
The City of Vernon wants a bigger piece of the action. Council is demanding the provincial government increase the amount of gaming revenue provided to communities to make up for dwindling casino profits. “The more it gets reduced, the less there is for infrastructure,” said Coun. Catherine Lord. Presently, the city receives 10 per cent of the net revenue from the local casino, or about $2 million a year. However, there is a concern provincial policies are negatively impacting that funding source. “Gaming opportunities are rapidly expanding in non-traditional venues, with egaming in particular, which dilutes the potential market share for established casinos,” said Will Pearce, the city’s chief administrative officer, in a memo to council. “Host local government share of casino revenues are based on overall casino activity.” The city says the B.C. Lottery Corporation had a record net income of $1,107.4 million in 2011/2012, largely because of egaming, while casino and community gaming revenues in B.C. fell short by $41 million. The city goes on to say that gaming revenue is one of the few non property tax-based sources of funding communities can use for services. “It’s a huge source of revenue,” said Lord. Coun. Bob Spiers believes the provincial government has a responsibility to ensure a steady revenue flow for communities. “They have taken away a lot of our customers who now gamble online,” he said. Spiers also points out that considerable dollars leave Vernon through gambling. “Of the $30 million going through the casino, the city gets $2 million and the rest goes back to Victoria,” he said. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
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Don Quixote Note: Actual breakdown of where money goes is as per chart below updated to end of fiscal 2011. (March 2012). The second chart is a 2010 illustration of the valley host government share for a 10 year period.
In 2012 Fiscal Vernon's share as host government amounted to $2,000,788.
For reports on casino gaming revenues and community gaming centre revenues shared with local governments, follow the links below. http://www.gaming.gov.bc.ca/revenue/index.htm#five
- Local Government Share of Provincial Casino and Community Gaming Centre Revenue:
2012/13 Year-to-Date Report [PDF]
All Available Years and Quarters [XLS]
Saturday, January 26, 2013
Gaming Grant Reports (April 1, 2012 to Jan 4, 2013)
- Fiscal Year 2012/13 - Year-To-Date Grant Report (by community) [PDF]
[XLS]
(April 1, 2012 to Jan 4, 2013)
Sunday, November 11, 2012
First Nations say they'll defy B.C. laws and open casinos without approval
By SAM COOPER, The Province November 10, 2012
B.C. First Nations chiefs say they plan to flaunt provincial authority and open unlicensed casinos because of the government’s steadfast refusal to share casino revenues on unceded aboriginal lands. In a Nov. 9 letter to Premier Christy Clark, Grand Chief Joe Hall says B.C. is the only jurisdiction in Canada to “categorically exclude First Nations” from gambling revenue sharing. B.C. aboriginal chiefs “will hold your government accountable for its unlawful and discriminatory practices with respect to gaming ... and will be pursuing all opportunities to access direct benefits from gaming,” Hall’s stern letter says. The letter was triggered by a proposal involving B.C. Lottery Corp. to build a $100-million gambling complex in South Surrey on land that is unceded aboriginal territory, according to the Semiahmoo First Nations. “Untenured direct award licences have been issued and are currently being issued for gaming on the doorstep of several First Nation reserves, all without consultation and without accommodation,” says Hall’s letter to Clark. “This conduct is not only immoral but is illegal.” At stake is a slice of about $1 billion in annual provincial gaming revenue, which aboriginal leaders say they desperately need to fund housing, jobs and social programs for reserves that are falling deeper into poverty. (more)
B.C. First Nations chiefs say they plan to flaunt provincial authority and open unlicensed casinos because of the government’s steadfast refusal to share casino revenues on unceded aboriginal lands. In a Nov. 9 letter to Premier Christy Clark, Grand Chief Joe Hall says B.C. is the only jurisdiction in Canada to “categorically exclude First Nations” from gambling revenue sharing. B.C. aboriginal chiefs “will hold your government accountable for its unlawful and discriminatory practices with respect to gaming ... and will be pursuing all opportunities to access direct benefits from gaming,” Hall’s stern letter says. The letter was triggered by a proposal involving B.C. Lottery Corp. to build a $100-million gambling complex in South Surrey on land that is unceded aboriginal territory, according to the Semiahmoo First Nations. “Untenured direct award licences have been issued and are currently being issued for gaming on the doorstep of several First Nation reserves, all without consultation and without accommodation,” says Hall’s letter to Clark. “This conduct is not only immoral but is illegal.” At stake is a slice of about $1 billion in annual provincial gaming revenue, which aboriginal leaders say they desperately need to fund housing, jobs and social programs for reserves that are falling deeper into poverty. (more)
Monday, November 05, 2012
South Surrey casino could net $6 million for city annually
By Christopher Poon, Surrey NowNovember 1, 2012
If the proposed South Surrey gaming centre gets approved by council, the City of Surrey stands to make an estimated $6 million a year due to simply being a host city. By now, the residents of South Surrey and the surrounding area have likely heard of the plan by the B.C. Lottery Corp. and Gateway Casinos and Entertainment Limited to build an entertainment-focused casino at 168th Street and 10th Avenue. On Nov. 7, members of the public will be given the opportunity to express their views about the proposed project at an open house to be held at the Hazelmere Golf and Tennis Club. Currently, Gateway is proposing to build a 60,000-square-foot gaming area, a 27,000-square-foot convention/entertainment centre, a 200-room four star hotel and several restaurants and lounges on the 25acre site, which will also provide parking for 1,200 guests. The gaming centre's focus would be on live entertainment and would house the Lower Mainland's largest convention space outside of Vancouver. As a host city of the proposed casino, Surrey would be entitled to 10 per cent of the facility's net revenue, estimated at $60 million. (more)
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Don Quixote Note: Vernon's Share Of casino Net (12 Years)
If the proposed South Surrey gaming centre gets approved by council, the City of Surrey stands to make an estimated $6 million a year due to simply being a host city. By now, the residents of South Surrey and the surrounding area have likely heard of the plan by the B.C. Lottery Corp. and Gateway Casinos and Entertainment Limited to build an entertainment-focused casino at 168th Street and 10th Avenue. On Nov. 7, members of the public will be given the opportunity to express their views about the proposed project at an open house to be held at the Hazelmere Golf and Tennis Club. Currently, Gateway is proposing to build a 60,000-square-foot gaming area, a 27,000-square-foot convention/entertainment centre, a 200-room four star hotel and several restaurants and lounges on the 25acre site, which will also provide parking for 1,200 guests. The gaming centre's focus would be on live entertainment and would house the Lower Mainland's largest convention space outside of Vancouver. As a host city of the proposed casino, Surrey would be entitled to 10 per cent of the facility's net revenue, estimated at $60 million. (more)
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Don Quixote Note: Vernon's Share Of casino Net (12 Years)
Thursday, August 09, 2012
BCLC Casino Report to March 31,2012
These Tables are the Casino Analysis for last 12 years for Vernon. Kelowna. Penticton & Kamloops. (All Lake City Casino's). All figures taken from BCLC Annual reports for the 2000-2011 fiscal period. (Ends March 31, 2012)
Download the 2011/12 Annual Report [2.4MB]
Download the 2011/12 Annual Report [2.4MB]
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| 12 years of Casino - Vernon Fiscal 2000- Fiscal 2011 |
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| Valley Casino Totals 12 years Fiscal 2000- Fiscal 2011 |
Wednesday, August 01, 2012
BCLC Gaming Grants Apr 1 2012 to July 19, 2012
Gaming Grants Paid to Community Organizations - 2012/13 Year-to-Date Report (by community) - April 1, 2012 to July 19, 2012 Generated: July 20, 2012 Report period: April 1, 2012 to July 19, 2012 (Government fiscal year 2012/13)
http://www.pssg.gov.bc.ca/gaming/revenue/index.htm
2012/13 Gaming Grants Report (YTD report by community) [PDF] [XLS]
2012/13 Gaming Grants Report (YTD report by community) [PDF] [XLS]
Penticton’s casino revenues drop
By Joe Fries - Penticton Western News Published: July 31, 2012 3:00 PM
B.C. Lotteries Corporation produced a record profit last year, despite declining revenues at most casinos that meant less money for host local governments like Penticton. Net income across all BCLC operations hit $1.1 billion for 2011-12 on revenues of $2.7 billion, according to its annual report released last week. Casinos and community gaming centres generated about 75 per cent of the total profit, while lotteries produced the balance. All told, profit was up $1.7 million over the record number posted in 2010-11. However, at the Lake City Casino in Penticton, the so-called net win, which equals total revenue minus prize pay-outs, slipped to $29.3 million, down about $291,000 from a year earlier. Net win was also down at the Playtime Gaming Penticton bingo hall, which took in $2.4 million, representing a $132,000 annual decline. A request for comment to Lake City Casino owner Gateway Casinos was transferred to BCLC, where a spokesperson who asked to remain anonymous said via email: “It’s normal for casino revenue to fluctuate from year to year due to variances in the local economy, and while there are those market fluctuations, overall the casino business is projecting moderate growth in the years ahead.” Net win was down at 11 of B.C.’s 17 casinos in 2011-12, as were pay-outs to the communities they call home. Penticton, which gets a one-tenth share of local casino profits, saw its take decline to $1.7 million, down about $30,000 from a year earlier and $170,000 from five years ago. City treasurer Doug Leahy said last year’s drop won’t have a significant impact of Penticton’s finances as its casino account boasts a small surplus. In addition to the casino profit, Penticton also receives about $4 million in annual development assistance compensation payments from BCLC, which it’s using to pay down debt on the South Okanagan Events Centre. Penticton and 29 other host local governments in B.C. received a combined $83.1 million cut from gambling establishments last year to boost local spending. The province passed along another $135 million in gaming grants to community groups. The lion’s share of BCLC’s net income, $696.3 million, was transferred to the provincial government’s coffers as general revenue.
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Don Quixote Note: Local Government Share of Provincial Casino and Community Gaming Centre Revenue: 2011/12 Year-to-Date Report [PDF] $139,038 decrease in Fiscal 2011/12 from Fiscal 2010.11
B.C. Lotteries Corporation produced a record profit last year, despite declining revenues at most casinos that meant less money for host local governments like Penticton. Net income across all BCLC operations hit $1.1 billion for 2011-12 on revenues of $2.7 billion, according to its annual report released last week. Casinos and community gaming centres generated about 75 per cent of the total profit, while lotteries produced the balance. All told, profit was up $1.7 million over the record number posted in 2010-11. However, at the Lake City Casino in Penticton, the so-called net win, which equals total revenue minus prize pay-outs, slipped to $29.3 million, down about $291,000 from a year earlier. Net win was also down at the Playtime Gaming Penticton bingo hall, which took in $2.4 million, representing a $132,000 annual decline. A request for comment to Lake City Casino owner Gateway Casinos was transferred to BCLC, where a spokesperson who asked to remain anonymous said via email: “It’s normal for casino revenue to fluctuate from year to year due to variances in the local economy, and while there are those market fluctuations, overall the casino business is projecting moderate growth in the years ahead.” Net win was down at 11 of B.C.’s 17 casinos in 2011-12, as were pay-outs to the communities they call home. Penticton, which gets a one-tenth share of local casino profits, saw its take decline to $1.7 million, down about $30,000 from a year earlier and $170,000 from five years ago. City treasurer Doug Leahy said last year’s drop won’t have a significant impact of Penticton’s finances as its casino account boasts a small surplus. In addition to the casino profit, Penticton also receives about $4 million in annual development assistance compensation payments from BCLC, which it’s using to pay down debt on the South Okanagan Events Centre. Penticton and 29 other host local governments in B.C. received a combined $83.1 million cut from gambling establishments last year to boost local spending. The province passed along another $135 million in gaming grants to community groups. The lion’s share of BCLC’s net income, $696.3 million, was transferred to the provincial government’s coffers as general revenue.
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Don Quixote Note: Local Government Share of Provincial Casino and Community Gaming Centre Revenue: 2011/12 Year-to-Date Report [PDF] $139,038 decrease in Fiscal 2011/12 from Fiscal 2010.11
Saturday, April 07, 2012
Lotto Max Winners in BC, Vernon
Written by 107.5 KISS FM 107.5 KISSFM Saturday, 07 April 2012 Finally, a province other than Ontario has won the Lotto Max jackpot and it's in BC A ticket purchased in Abbotsford won the 30 million dollars from Friday's draw. However one ticket purchased in Vernon has won $141,026.50. The unofficial winning numbers are 15, 18, 19, 25, 32, 42, 49 and bonus 43.
Thursday, April 05, 2012
BCLC Partners With Manitoba Lotteries for Online Gambling
VANCOUVER, BRITISH COLUMBIA, Apr 05, 2012 (MARKETWIRE via COMTEX) --
BCLC set off on a new course for its online business today,
announcing that it is partnering with Manitoba Lotteries to provide
online gambling to Manitobans. "We launched online gaming in British Columbia to provide a secure
and legal option for people who play online and to keep revenues in
the province that otherwise would be going to illegal gambling
sites," said the Honourable Rich Coleman, Minister Responsible for
BCLC. "We are pleased to share our expertise with Manitoba to
strengthen regulated online gambling in Canada."
BCLC will provide site design, development and testing services and
will manage most aspects of the website, which is expected to launch
in 2013 with casino and poker games. Sports betting and bingo may
also be available when the site launches. Manitoba Lotteries will operate the eGaming offering; the site will
be regulated by the Manitoba Gaming Control Commission. Both partners will benefit from economies of scale and a larger
player base for games such as poker. Terms of the service agreement
between the BCLC and Manitoba Lotteries are still being negotiated. BCLC contracts with world class vendors GTECH G2 for online poker
software and with OpenBet for online gambling and betting software.
In 2010/11, PlayNow.com generated $43 million in revenue for BCLC.
For information on the Manitoba Lotteries announcement, visit their
website.
Monday, April 02, 2012
Upper Room Mission Gets $100,000 Grant
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| MLA Eric Foster presents cheque to Upper Room Mission Manager Lisa Froom |
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