Connect with us

Business

British Columbia Lottery Hits New High with Record Net Income

Published

on


The British Columbia Lottery Corporation (BCLC) announced a groundbreaking net income of $1.636bn for the past fiscal year, surpassing its previous high from 2018/19 by a substantial $220m. This achievement saw the Province receiving $1.624bn, while the federal government was allocated $12m.

This record-breaking performance, as detailed in BCLC’s 2022/23 Annual Service Plan Report, can be attributed to several strategic moves. Notable among these were the inauguration of the state-of-the-art Cascades Casino Delta, enhancements to the Lotto 6/49 game, consistent high jackpot rolls from Lotto Max, and the successful expansion of PlayNow.com into its third Canadian province.

Further elevating its offerings, BCLC introduced “Ticket to Ride” – marking the lottery industry’s pioneering instant ticket based on the popular Days of Wonder’s game of the same name. Additionally, the corporation has taken significant steps to fortify its commitment to responsible gaming. One such measure ensures that all gaming locations in British Columbia mandatorily request identification upon entry. This is a deliberate effort to deter self-excluded individuals from accessing casino facilities.

It’s also worth noting that Moore will be stepping down from his position, with his resignation effective from January 15.

Advertisement

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at: sales@gamingo.news

For editorial or PR submissions, contact: media@gamingo.news

Copyright © 2024 Gamingo.News.