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annual-report-news

BCLC returns more than $1 billion to British Columbians

26/07/2013

BCLC’s latest annual report recognizes an increase in net income due to strong cost management. In 2012/13, BCLC earned $1.128 billion in net income, which helps fund important provincial, community and charitable programs and services across B.C. and Canada.

Of the $1.128 billion in net income, $706.8 million went to the Province for public services; $147.3 million to the Province’s Health Special Account for health care, research, education and promotion of health issues; $135 million to 5,000 charities and community organizations; and $84.5 million to 31 host local governments with a community gaming centre or casino to fund local programs.

This year we’ve demonstrated our focus on innovation in distribution, fostering partnerships, community outreach, encouraging responsible gambling and creating exceptional entertainment experiences.

Highlights of the 2012/13 year include:

  • The launch of Lotto Express, a convenient new way to purchase lottery tickets from a debit/credit card PIN pad. This technology is now available at over 700 checkout lanes in 100 select grocery stores across B.C.
  • The launch of PlayNow.com in Manitoba, giving players in that province access to online gambling through BCLC’s PlayNow.com platform. This marks the beginning of a new line of business and revenue stream for BCLC – one that shows incredible promise as we look to engage with other jurisdictions.
  • For the second year, Responsible Gambling Awareness Weeks took place in January, 2013. The month-long series of events informed and engaged the public through expert forums, myth busting and interactive activities. We engaged in more than 2,300 meaningful conversations with the public and visited more than 32 locations across five communities.
  • Also in January, BCLC hosted the highly successful New Horizons in Responsible Gambling conference in Vancouver where industry reps and international experts shared ideas and best practices on responsible gambling.

For the first time, BCLC has bolstered its Corporate Social Responsibility (CSR) reporting in the annual report. Our objective is to strengthen our foundation of social responsibility, while demonstrating leadership in the education and inspiration of our employees, communities and partners.

While gambling continues to be a popular form of entertainment in B.C., people have many choices for how to spend their entertainment dollars. BCLC aims to stay relevant and create entertaining experiences for players, while doing so in a responsible manner.

Posted in: annual report, corporate, media release