Indian Casinos Making Record Amounts of Money

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Saskatchewan Indian Gaming Authority reports increased revenues . . .
As a matter of fact - record breaking profits.

June 6th, 2012
http://www.siga.sk.ca/Upload/files/2012 ... 011-12.pdf

SIGA Reports Increased Revenues in 2011-2012

Saskatoon, SK – The Saskatchewan Indian Gaming Authority (SIGA) announced today revenues of $267.2M and a profit of $81.6M for the 2011/2012 fiscal year. This represents an increase of 27% over the previous year’s net earnings.

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

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 for local initiatives;
25% is shared with the Provincial Government's general revenue fund.

As previously reported by SIGA, the mild weather and favourable market conditions including a strong provincial economy contributed to increased visitation to the casinos and to their overall revenue. This growth can also be attributed to SIGA’s focus on efficiency improvements and to significant capital reinvestment over the last number of years.
“The improvements to our facilities and our focus on a number of operational enhancements have improved the entertainment experience for our customers and will provide long-term sustainable returns for our beneficiaries” said Zane Hansen, SIGA President and CEO.

“I am pleased to say this resulted in net earnings of $81.6M for 2011-2012, making this the fifth straight year of net earnings above $60M. I want to thank our customers for their continued patronage and thank our employees who do us proud by offering traditional First Nations hospitality which is second to none.”

“Throughout the year, SIGA and its casinos support hundreds of organizations and events. By embracing and implementing the teachings of our Elders, we foster our philanthropic commitment by giving back to our communities. This important guiding principle is inherent in who we are as a First Nations organization. Through "Sharing Success" initiatives, and the staff’s commitment to volunteerism - SIGA will continue to build and enrich communities in Saskatchewan and as a result, everyone will benefit,” said Chief Edward Henderson, SIGA Acting Board Chair.

“As one of the largest First Nations organizations in the country, with over 1900 people SIGA provides employment for over 1300 First Nations people. Since opening its doors 16 years ago, SIGA has generated over $600 million dollars in revenue for our beneficiaries.”

100% of profits from SIGA’s gaming operations are returned to its beneficiaries. Our family of casinos offer a distinctive First Nations entertainment experience that reflects the traditional aspects of First Nations heritage and hospitality. They are entertainment and tourist attractions that deliver added value to the communities in which they operate.
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For more information, contact:
Zane Hansen, President and CEO
Saskatchewan Indian Gaming Authority
(306) 477.7777
Shannon Cossette, Director of Communications and Media Relations
Saskatchewan Indian Gaming Authority
(306) 477-7575 Shannon.Cossette@siga.sk.ca
Corporate Profile
The Saskatchewan Indian Gaming Authority (SIGA) is a First Nations owned and operated gaming and
entertainment company located in Saskatchewan. With over 1900 employees, SIGA is one of the largest
employers of First Nations people in Canada. First Nations employees represent 63 percent of SIGA’s
workforce. Since opening its first casino in 1996, SIGA has grown into one of Saskatchewan’s most
prominent companies with annual revenues of approximately $260M, SIGA entertains over 4 million
guests annually and is ranked in the top 25 companies in Saskatchewan. In addition, SIGA employs over
1,900 people and is a top 15 employer in Saskatchewan.
SIGA continues to strengthen the lives of Saskatchewan and First Nations people through employment,
economic growth and community relations initiatives. SIGA is the operator of six First Nations casinos in
Saskatchewan. The casinos are conveniently located across the province: Bear Claw Casino (White Bear
First Nation), Dakota Dunes Casino (Whitecap Dakota First Nation), Gold Eagle Casino (Mosquito First
Nation in North Battleford), Living Sky Casino (Nekaneet First Nation in Swift Current), Northern Lights
Casino (Peter Ballantyne Cree Nation in Prince Albert) and Painted Hand Casino (Kahkewistahaw First
Nation in Yorkton).
SIGA’s business management excellence has earned the company a solid reputation as a leader in gaming
and entertainment. It has been recognized by the Conference Board of Canada for its governance practices
and was selected by both SaskBusiness Magazine and Tourism Saskatchewan as their 2007 Business of
the Year.
Over the years we have continued to be recognized for business excellence including;
 2008 Tourism Saskatchewan – Business of the Year
 2009 McLean’s Magazine Top 15 Employer in Saskatchewan
 2009 Conference Board of Canada/Spencer Stuart Award, National Awards in Governance
Excellence Winner
 2009 Canadian Gaming, Volunteerism and Community Involvement Award
 2011 Saskbusiness Magazine Top 100 Companies, #23
 2011 First Nations Canadian Gaming Innovation Award (Health & Wellness Program)
 2011 Saskatchewan Tourism Award of Excellence, Human Resource Development
 2011 Interprovincial Association of Native Employment (IANE), Ivan Ahenakew Award
As a non profit organization, SIGA's gaming operations are a revenue source for Saskatchewan's First
Nations communities, the Provincial Treasury, and for Community Development Corporations (CDC)
situated in five casino locations. The CDCs distribute their share of casino profits to charitable and notfor-
profit community organizations. 100% of profits generated from SIGA’s entertainment facilities are
returned to its beneficiaries including $81.6M for the 2011-12 year.
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