The past summer wasn’t as good for Casino Regina/Moose Jaw as the previous year.
Financial statements from casino owner Saskatchewan Liquor and Gaming show revenues and profits declined for the three months ended September 30.
Revenues fell 1.98 per cent to $29.5 million while expense controls knocked .6 per cent off costs.
Three-month profit was down $446,000 to just over $11 million.
The province’s general revenue fund received $5,531 million, a decrease of four per cent.
Casino management increased the general revenue fund annual target to $44.2 million from $43.7 million, citing positive results from the first three months of the fiscal year.
Revenues for the first six months were up one-half per cent to $60.4 million with expenses down one-half per cent to $36.65 million. Six-month profit was $23.76 million, an increase of 2.1 per cent.
The statements cited higher per average slot spends and more use of roulette and poker lines for the increase in revenue.
Return on assets for the six months was a cool 14.4 per cent.
Ron Walter can be reached at ronjoy@sasktel.net
