The Saskatchewan Indian Gaming Authority (SIGA) has reported its best-ever year for the third year in a row.

SIGA’s 2024-25 fiscal year annual report, comprising the period from April 1, 2024, to March 31, 2025, posted $378 million in gross revenue, up from $347 million last year. Net income was up from $139 million last year to $146 million this year.

It marks the third year in a row in which SIGA’s profits have hit a new high mark.

SIGA operates the province’s only regulated and authorized online gaming website, PlayNow.com. It also runs seven bricks-and-mortar casinos that offer slot machines, live table games and electronic table games, live entertainment and a range of hospitality amenities:

• Bear Claw Casino & Hotel
• Dakota Dunes Casino
• Gold Eagle Casino
• Gold Horse Casino
• Living Sky Casino
• Northern Lights Casino
• Painted Hand Casino

Via Saskatchewan’s gaming model, all net revenue is reinvested. Half of it goes into the First Nations Trust and is then distributed to the 74 First Nations in the province. Back in March, the Saskatchewan government confirmed that the province’s First Nations and Métis organizations would receive an additional $12.5 million in gaming payments for the 2024-25 fiscal year, credited unexpectedly high profits from SIGA casinos and PlayNow.com.

Another 25% is forwarded to Community Development Corporations (CDCs) for local community initiatives, and the remaining quarter goes to the province’s General Revenue Fund.

The numbers could be boosted next year by the fact that multiple casinos are set to be expanded.

“SIGA has successfully built itself back to strength post-pandemic and is making investments into its future with the strong growth of its PlayNow.com platform and enhancements to our land-based casinos, ensuring we remain top entertainment destinations in the province,” said SIGA President and CEO Zane Hansen in a release.

The news comes after SIGA announced last week it has named Chief Tammy Cook-Searson as the new chair of its board of directors to replace outgoing  chair Reginald Bellerose, who has served in the role for more than a decade.

Gaming agency LGS outperforms all other crown corporations

SIGA is one of four gaming operators under the oversight of the Lotteries and Gaming Saskatchewan (LGS) crown corporation, along with SaskGaming, the Western Canada Lottery Corporation (WCLC) and Sask Sport.

SaskGaming was formerly the standalone administrator of casino and online gaming in Saskatchewan before LGS was established in 2023. LGS took over online gaming oversight from SaskGaming, but the latter organisation still operates Casino Regina and Casino Moose Jaw. Meanwhile, WCLC runs VLTs located in licensed hospitality venues and Sask Sport operates the Sask Lotteries site.

It’s not only SIGA’s gaming operations that boomed last year.

The government’s annual report, which was also released this week, shows that LGS was by far the biggest moneymaker among all crown corporations, bringing in $223 million of the total of $551 million in net earnings after payments to the General Revenue Fund. While that combined total among all crown corporations was down year-over-year from $578 million the year prior, LGS’s number was up from $191 million last fiscal year.

That $223 million came from revenue of $742.6 million. LGS paid $135 million to the General Revenue Fund and yielded dividends of $190 million to LGS’s shareholder, Crown Investments Corporation (CIC). That is the largest annual dividend declared by any commercial Crown corporation in CIC’s history.

“These stellar results were driven by increased guest spending in land-based casinos, online gaming, and VLTs resulting from strong economic conditions in the province,” said LGS President and CEO Susan Flett. “LGS also delivered for local businesses across the province this fiscal year with commissions totalling $61.1 million earned by VLT site contractors and lottery retailers.”

This came in LGS’ first full year of operations after it was established in 2023 as the conduct-and-manage agency for casinos, VLTs, lotteries and online gaming in Saskatchewan.

“The record payments provided by Lotteries and Gaming Saskatchewan in 2024-25 delivered a better quality of life for Saskatchewan families,” said Minister Responsible for LGS Jeremy Harrison. “More than 12,000 sport, culture and recreation groups benefited from $71.9 million in payments and $7.8 million in charitable gaming grants supported over 2,700 non-profit and charitable organizations throughout our province.”