revenues and funded projects

The following figures for the fiscal year 2006/07 will help you see exactly where each dollar from BCLC goes.

WHERE THE MONEY GOES
 
Benefits, Programs & Winners:
Gaming revenue is distributed to the people,
businesses and communities of BC as follows:
 
  Government of BC

$1,010.4m

  Consolidated revenue ($620.7m)  
  Health special account ($147.3m)  
  Charities/community organizations ($142.4m)  
  Host local governments ($76.1m)
   Quarterly Summary
 
  Horse racing purse enhancements ($5.2m)  
 Development Assistance
Compensation ($16.5m) 
 

 SportsFunder ($2.2m)

 
  Prizes paid to lottery and bingo winners $650.8m
 
  Commissions and service fees paid to lottery retailers, casino and bingo service providers $528.4m
 
  Government of Canada $42.9m  
  Distribution ($8.4m)    
  GST ($34.5m)    
 
    Total: (92%) $2,232.5 million
 
Operating Costs:
 
  Operating expenses ($171.5m)    
  Ticket printing & bingo paper ($19.6m)    
  Special Policing ($2.2m)    
 
    Total: (8%) $193.3 million
 
Grand Total: Revenues 2006/07 $2.43 billion
 
 
REVENUES, EXPENSES, & NET INCOME
 
Revenues: 2006/07
 
  Lottery $997.4m
  Casino $1,208.9m
  Bingo $218.9m
 
Total Revenues: $2.43 billion
 
 
Expenses: 2005/06
 
  Prizes paid to winners ($650.8.5m)
  Commissions and service fees ($528.4m)
  Operating expenses ($171.5m)
    GST ($34.5m)
    Ticket printing and bingo paper ($19.6m)
    Special policing costs ($2.2m)
 
Total Expenses: ($1.41 billion)
 
 
Net Income: 2006/07 $1,018.8 million
  Distribution to Government of Canada $8.4 million
  Distribution to Government of BC $1,010.4 million
Government funds problem gambling programs from Consolidated Revenue. In fiscal 2006/07, expenditures on problem gambling programs totalled $4.3 million.
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