Recently, the state of Saskatchewan announced its state budget plan for fiscal year 2023-24. 온라인카지노사이트 The budget will continue to invest C$92.4 million in gaming payments to First Nations and Metis communities across the state. It should be mentioned that a large portion of the gaming revenue came from the state’s newly regulated iGaming platform.
Saskatchewan launched its online gambling website on Nov. 3, 2022, the first local effort to provide iGaming under regulated conditions. For this initiative, the British Columbia Light Corporation has agreed to supply the PlayNow platform to the provinces. This is the first regulated, provincial supervised online gambling website.
Commenting on the budget, Don McMorris, the minister for First Nations, Metis and the North, said these were record investments. In other words, as the government continues to provide support and resume work with Nations and Metis partners, they will have a huge impact on indigenous communities in the province.
It should be recalled that government departments are responsible for allocating the revenue from casino games to First Nations Trust, Community Development Corporation, and Clarence Campeau Development Fund. This is done under the Framework Agreement on Gaming and the Saskatchewan Gaming Company Act 2002.
According to the province, a target funding of approximately C$249.1 million was provided to First Nation and Metis organizations in the 2023-24 budget. This is an increase of 6.8% compared to last year’s budget. More information about the new budget and investing in First Nation and Metis communities can be found at saskatchewan.ca .
In January, Saskatchewan released its first numbers on the newly regulated market. The Saskatchewan Indian Gaming Authority, which has exclusive rights to run the website, reported that in the first two months, the market raised more than C$31.8 million in online betting. This amount led to a net income of about C$1.6 million.
In its report, SIGA says its online bets reached C$14.8 million in November 2022, and its handling surged to C$17 million in December 2022. At that time, the website had 8,015 registered users. This means that for all accounts registered as of December 31, 2022, the platform has processed an average of C$3,967 bets in the first two months