Community Funding From Gaming Profits Continues in 2019-20
August 26, 2020
Nova Scotia Gaming Corporation (NSGC) delivers 100 per cent of gaming profits to the Province of Nova Scotia annually. In 2019-20, the payment totaled $136.5 million.
“One hundred per cent of profits from Nova Scotia’s regulated gaming industry goes to fund important government programs and essential services like roads, health care and education,” said Bob MacKinnon, president and CEO of Nova Scotia Gaming Corporation. “We are committed to offering Nova Scotians a socially responsible, accountable and sustainable gaming industry.”
The percentage of Nova Scotians aged 19 and older who choose to play regulated games has remained relatively unchanged at 73 per cent this year. Gaming provides socially responsible entertainment for those who choose to gamble, and it also generates jobs, retailer commissions and economic spin-offs.
In 2019-20, an additional $8.2 million helped fund sport, culture, arts and heritage programs through the sale of designated lottery products. The money was distributed between Support4Sport, which is managed by Sport Nova Scotia, and Support4Culture, which is managed by the Department of Communities, Culture and Heritage.
"Festivals like ours are able to flourish because Nova Scotia Gaming has Support4Culture. We’re able to celebrate our culture and give everyone the opportunity to experience our traditions. With this funding, we’re able to hire local musicians and technicians to help promote Gaelic culture throughout our festival." - Margie Beaton, Gaelic College
The Gaelic College, in Englishtown, Nova Scotia, introduces visitors to Gaelic traditions at KitchenFest! – a 10-day long, island-wide festival that celebrates Gaelic culture, music, and language. With the help of Support4Culture funding, the college is able to create a cultural experience for all ages that supports the community.
Overview of Nova Scotia’s gaming industry for 2019-20:
· $136.5 million payment to province
· $21.2 million in wages and benefits, employing over 500 Nova Scotians
· $35.5 million in commissions for 1,278 small business owners
· $6.6 million for the prevention, education and treatment of problem gambling
SOURCE: Nova Scotia Gaming Corporation