SIGA

SIGA reports $253.7 million in revenue for 2016-2017

Saskatoon, SK – The Saskatchewan Indian Gaming Authority (SIGA) announced today revenues of ­­­­­­­­­­­$253.7 million with net earnings of $81.1 million for the 2016–2017 fiscal year.

As a non-profit corporation, 100 percent of SIGA’s profits are distributed to our beneficiaries in Saskatchewan. SIGA is owned by Saskatchewan’s 74 First Nations and fully reports our financial and operational performance to our shareholders and the public.

“At the heart of SIGA’s work is the guiding principle Wîtaskêwin, which directs us to give back to our communities. In October 2016, we reached a major milestone – after 21 years in business we are proud to say SIGA has generated more than $1 billion in net income for communities and charitable organizations in Saskatchewan,” says Chief Reginald Bellerose, SIGA Chair.

Profits generated from SIGA’s operations are administered by the Province of Saskatchewan:

  • 50% is shared with the First Nations Trust, which is distributed to Saskatchewan First Nation communities;
  • 25% is shared with regional Community Development Corporations (CDCs), which are situated in the casino locations and fund local initiatives;
  • 25% is shared with the provincial government’s General Revenue Fund.

“After 21 years in operation, we continue to be a leading First Nation organization and a

first-class gaming operator, demonstrating our ability to serve and develop regional casino markets as good as or better than any other operator in Canada,” says Zane Hansen, SIGA President and CEO.

Hansen adds, “It is through strong ties with loyal patrons and the hard work of our employees that we have achieved the success we have today and that we’re able to share that success with Saskatchewan communities. As we head into our 22nd year of operation, we keep a steady focus on providing exceptional customer service and realizing organizational excellence. This is reflected in the continuous improvement of our operations – the facilities we build, our gaming product and entertainment offerings, and most importantly the investments we make in our people. We thank our customers for their loyal and continued patronage.”

Our family of casinos offer a distinct First Nation entertainment experience that reflects the traditional aspects of First Nation heritage and hospitality.

As one of the largest First Nation organizations in the country, SIGA employs a workforce of close to1800 individuals – 65% of these are First Nation.

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Melody Lynch

Director of Communications and Media Relations

Saskatchewan Indian Gaming Authority

Melody.Lynch@siga.sk.ca

306-477-7575

Or

Patricia Cook

VP of Corporate Affairs

Saskatchewan Indian Gaming Authority

306-477-7777