BCLC posts record revenue for 2018-19 fiscal year

The British Columbia Lottery Corporation (BCLC) has posted record revenue of CAD$2.59bn for the 2018-19 fiscal year, an increase of 3.5% from the prior year.

While casino and community gaming – comprising land-based, non-lottery gambling – fell slightly in the fiscal year ended 31 March, 2019, the total for the sector remained above BCLC's projections.

Slot machines remained by far the largest part of BCLC’s revenues, contributing $1.40bn, up from $1.37bn last year. Poker also posted an increase in revenue to $23.6m, 18.6% above the budgeted figure of $19.9m.

Table games declined in revenue from $492.7m to $454.1m, but remained over budget, while bingo was under budget, declining to $23.0m.

Meanwhile, lottery and egaming revenue increased from $596.3m in 2017-18 to $686.1m in 2018-19. Lottery income increased from $476.4m to $536.3m, exceeding budget projections by 14.2%. For egaming, revenues increased from $119.9m to $149.8m.

Read the full story on iGB North America.