Overview
This overview shows the distribution of revenues from commercial gaming in
British Columbia. All figures are projected for 2007/08.
Gaming revenue
Total revenues from commercial gaming in B.C. are expected to be $2.49 billion.
After expenses, including prize payouts, total government revenues from gaming
will be about $1.03 billion.
Government revenue will be distributed as follows:
| Supporting communities |
|
Non-profit community organizations |
$147.6 million |
| Local governments that host casinos and community gaming centres |
$75.8 million |
| Local economic development projects |
$14.6 million |
| Horse racing purse enhancement |
$5.0 million |
| Gaming Policy and Enforcement Branch operations |
| |
Core operations, including salaries and business expenses |
$11.8 million |
| Responsible gambling education and problem gambling services |
$7.0 million |
| B.C. Government programs |
| |
Health Special Account, to support health care services and research |
$147.5 million |
| Consolidated revenue fund, to support other government programs,
primarily health care and education
|
$615.1 million |
| Government of Canada transfer |
| |
Under a federal/provincial lottery agreement |
$8.6 million |
Revenue from commercial gaming in B.C.
Commercial gaming in B.C. will generate about $2.49 billion dollars in 2007/08,
most of which will go to prize pay outs, operator commissions and operating and
employment costs. The projected revenue includes approximately:
- $1.24 billion from casinos (after prize pay outs);
- $1.02 billion from lotteries (gross); and
- $ 230 million from bingo (gross).
Approximately 70 per cent of gross revenue from commercial gaming goes to prize pay
outs, operator commissions, and operating and employment costs.
Province's share of gaming revenue
In 2007/08, the Province will receive an estimated $1.03 billion in net gaming
revenue. This includes approximately:
- $285.6 million from lotteries;
- $701.3 million from casinos;
- $44.2 million from paper, electronic and linked bingo, and slot machines
at community gaming centres; and
- $1.9 million in horse racing betting fees, to cover the cost of regulation.
Revenue to community organizations
In 2007/08, approximately 6,850 community organizations will receive an estimated
$204.1 million in gaming revenue.
Of this amount, $147.6 million will come from two government grant programs, Direct
Access and Bingo Affiliation.
Community organizations will themselves raise approximately $56.5 million through
licensed gaming events, such as ticket raffles, independent bingos, social occasion
casinos and wheels of fortune.
Gaming Revenue Granted to, and Earned by, Community Organizations
Gaming Revenues Earned by Class A Ticket Raffles
Revenue to host local governments
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
community casinos and community gaming centres, and one-sixth of net casino gaming revenue
from destination casinos within their jurisdiction.
- Host local governments may use this revenue for any purpose within their legal
authority, but must submit semi-annual reports to the Gaming Policy and Enforcement Branch
using the Host Local Government Revenue and
Expenditure Report Form [RTF]. The reports are due on October 31 and April 30.
For information on casino gaming revenues shared with local governments, please see
Local Government Share of Provincial Casino Revenue
.
Revenue to support horse racing
As part of its commitment to stabilize and rejuvenate the horse racing industry in B.C.,
the Province distributes a portion of revenue from slot machines at race tracks to purse
enhancements.
In 2007/08 it is expected that $5 million will be distributed to the horse racing
industry. In 2006/07, approximately $5 million was distributed to the standardbred and
throughbred sectors, and in 2005/06, $4.5 million.
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