SIGA casinos made $86.3M profit in 2015-16: annual report

The Saskatchewan Indian Gaming Authority, the agency that runs the province's First Nations casinos, had a profit of $86.3 million last yearup 2.6 per cent from the previous fiscal year, the organization says.

In its annual report released last week, SIGA said it had revenues of $258.3 million in the fiscal year that ended March 31, 2016.

SIGA is the operator of six First Nations casinos in Saskatchewan, including Bear Claw Casino near Carlyle, Dakota Dunes Casino near Saskatoon, Gold Eagle Casino in North Battleford, Living Sky Casino in Swift Current, Northern Lights Casino in Prince Albert, and Painted Hand Casino in Yorkton.

The profits go to three general areas:

• 50 per cent to First Nations.
• 25 per cent to charities and non-profit groups.
• 25 per cent to the Saskatchewan government.

It's the fifth year in a row SIGA has recorded profits over $80 million.Here's the record for the past five years:

• $86.3million (2015-16).
• $84.1 million (2014-15).
• $80.2 million (2013-14).
• $86.4 million (2012-13).
• $81.6 million (2011-12).