The house won more money for Casinos Moose Jaw/Regina during the three months ended June 30.
Financial statements released by the Saskatchewan Liquor and Gaming Authority show an eight per cent increase in profits and a 2.9 per cent increase in revenues over last year.
Revenues were up $900,000 to $30.9 million from 2018. Slot machine revenues increased by $200,000 with table game take up $600,000.
The revenue increase reverses a long-term trend of falling or static revenues.
The statement indicated table game revenues rose from demand and use of touch bet, roulette, and blackjack products.
Slot revenues increased from higher spend per guest.
Expense reduction sliced about $70,000, moving that to the profit column.
Profit before paying half to the province was $12.97 million, an increase of $944,000.
The province took in $472,000 more in this first fiscal quarter for $6.345 million.
The increased revenue caused management to hike the budget for contributions to the province by nearly $4 million to $44.2 million for the full year.
The benchmark of profitability, return on assets, was 15.9 per cent.
Ron Walter can be reached at [email protected]
