A recent study by Thompson Rivers University has found that since 1985, the British Columbia Lottery Corporation (BCLC) and its gaming activities contributed nearly $2.2 billion to the economic and social development of the Kamloops region around the lottery corporation’s headquarters.
“BCLC’s role to give back to British Columbians is underscored by its economic contributions to not only Kamloops but funds generated by gaming that go back to the people of our province in the form of healthcare, education and important community programs,” said Selina Robinson, minister of finance and minister responsible for BCLC. “BCLC remains an important employer in the region and a vital organization for the people and communities of British Columbia.”
According to Dr. Peter Tsigaris, an economist who conducted the study, the Crown corporation guaranteed 667 full-time jobs in 2019/2020. That includes nearly 445 positions at the Kamloops headquarters, as well as 222 in the community.
The TRU study estimates that $232m was spent on local goods and services, making it to the overall contribution of $324.9m.
According to the study, during the last 35 years, BCLC spent $232m on local goods and services from Kamloops suppliers. In total, during that time, the lottery contributed nearly $324.9m to the local economy.
The study also found BCLC provided $2.6m in community sponsorships for a total social impact of $6.2m. And employees donated almost $4m cash to local charities since 1985.
“We’re so proud of what BCLC has contributed to Kamloops, so appreciative of what Kamloops has contributed to BCLC,” said Lynda Cavanaugh, BCLC’s interim president and CEO. “And we look forward to many more years of success together. “Not only are BCLC’s operations positively contributing to the community but so too are our people, who are passionate volunteers, advocates and contributors.”
BCLC employees in Kamloops volunteer approximately 45 hours on average each year. Added up, that amounts to 475,659 hours and a cumulative social impact estimated at $32.2m.
“BCLC is an important friend of the Kamloops Food Bank and many charities in Kamloops,” said Bernadette Siracky, the food bank’s executive director. BCLC’s people have a true passion for giving back and have donated a significant amount of their own time and resources to support countless causes and organizations that make a real difference in our community.”