Electronic Gaming
and Lottery Proceeds
The AGLC conducts and manages ticket
lotteries and all electronic gaming devices (slot machines,
VLTs and electronic bingo). These activities are delivered
by independent retailers, private operators and bingo associations
under retailer agreements. The AGLC supplies and maintains
the electronic equipment used for tickets, slots, VLTs and
electronic bingo.
Revenues from provincial gaming activities (VLTs, slot machines,
electronic bingo, and ticket lotteries) are deposited in
the Alberta Lottery
Fund. Aimed at benefiting Alberta communities,
the Alberta Lottery Fund supports programs, projects and
foundations administered by 12 government ministries. Expenditures
from the Alberta Lottery Fund are approved annually by the
Provincial Legislature.
The AGLC is responsible for the administration of the Alberta
Lottery Fund. Using key strategies like ensuring lottery
fund revenues are allocated and expended according to policy,
and helping Albertans to become better informed about lottery-funded
initiatives, the AGLC manages the Alberta Lottery Fund to
enhance the quality of life for all Albertans. Read more
about the Alberta Lottery Fund at www.albertalotteryfund.ca.
In
2006-07, the Alberta Lottery Fund received proceeds of over
$1.5 billion. The details of how these funds were used by
the ministries are outlined in their annual reports. Additionally,
the net proceeds from electronic bingo at events conducted
in licensed bingo facilities flow back to the charities conducing
the events. Forty per cent of net proceeds from First Nation
casino electronic gaming supports the First Nations Development
Fund, which benefits all Alberta First Nations.
Sales and
Proceeds
In 2006-07, gross profit from tickets, slots, VLTs
and electronic bingo totalled $2.16 billion, compared to
$1.95 billion the previous year. Of this amount, over $1.5
billion was deposited in the Alberta Lottery Fund to support
volunteer, public and community-based initiatives. Costs
of commissions for operators and charities and federal payments
amounted to $494 million, while the AGLC’s own gaming-related
operating costs were $136 million. The following table provides
a breakdown for each gaming activity.
Revenues and Cost Allocation for Tickets,
Slots, VLTs and E-Bingo 2006-07 ($ millions of dollars)
| |
VLTs |
Slot Machines |
Electronic Bingo |
Lottery Ticket Sales |
Total |
2005-2006 Total |
Revenues |
11,074.5 |
12,618.5 |
36.6 |
578.2 |
24,307.8 |
22,027 |
Prizes |
10,198.2 |
11,620.7 |
24.5 |
300.5 |
22,143.9 |
20,075.4 |
Gross Profit |
876.3 |
997.8 |
12.1 |
277.7 |
2163.9 |
1951.6 |
Commissions/Federal Payments |
141.2 |
298.6 |
4.1 |
50.4 |
494.4 |
440 |
|
Expenses |
|
|
|
|
135.7 |
122.5 |
Net Operating Results |
|
|
|
|
1,533.8 |
1,389.1 |
|
Learn more about these activities by clicking on the following
links:
|
