The Saskatchewan Indian Gaming Authority (SIGA) has achieved an extraordinary financial feat, reporting a record $378 million in gross revenue for its 2024-25 fiscal year, surpassing the previous year’s total of $347 million. The organization’s impressive growth trajectory continues as SIGA announces a final distribution of income amounting to $146 million, a marked increase from the $139 million distributed in the 2023-24 fiscal year. This marks the third consecutive year of record-breaking performance, demonstrating SIGA’s strong recovery and growth in the post-pandemic period.

Record-breaking financial performance for SIGA:

As a non-profit entity, SIGA channels all its earnings back into Saskatchewan’s communities, helping to support development programs that benefit both First Nations and broader provincial interests. The distribution of SIGA’s net income is split into three main areas: 50% is allocated to the First Nations Trust, which is distributed across 74 First Nations in Saskatchewan, ensuring that the economic benefits are shared with the region’s indigenous communities. Another 25% is directed to Community Development Corporations (CDCs), which use the funds to invest in local projects aimed at improving community well-being. The remaining 25% is contributed to the provincial General Revenue Fund, helping to support Saskatchewan’s public services and infrastructure.

As stated in SIGA’s focus on community reinvestment is a cornerstone of its operational philosophy, and it continues to have a profound impact on the economic development of the province. This strategic financial management has positioned SIGA as a leader in responsible gaming while also fostering sustainable growth within Saskatchewan.

The growth in SIGA’s financial performance is attributed to a combination of strategic investments aimed at expanding its online presence and enhancing its land-based gaming properties. With the strong growth of its PlayNow.com platform, SIGA has tapped into the burgeoning online gaming market, providing players with an easy and accessible way to engage with casino games. This digital expansion has been pivotal in increasing the organization’s revenue, ensuring that SIGA remains competitive in an ever-evolving industry.

Beyond online gaming, SIGA has continued to invest in the enhancement of its land-based casinos, ensuring they remain top destinations for entertainment in the province. These investments have led to improvements in the quality of service, the gaming experience, and the overall atmosphere at each of SIGA’s casino locations. Whether players are enjoying the slots, table games, or other offerings, SIGA strives to deliver the highest standard of service, which in turn drives customer loyalty and repeat business.

SIGA’s ongoing commitment to responsible gaming is reflected in its national certification through the RG Check Program, which ensures that the organization adheres to best practices in promoting safe gambling. This certification is a critical aspect of SIGA’s operations, as it provides players with the assurance that they are engaging in a gaming environment that prioritizes their well-being.

Contributions to First Nations and local communities:

SIGA’s efforts have had a long-lasting impact on Saskatchewan’s indigenous communities. Since its inception, SIGA has reinvested over $1.7 billion back into the local economy through various channels. The money distributed to First Nations communities has funded educational programs, healthcare initiatives, and infrastructure projects, greatly improving the lives of thousands of people across Saskatchewan.

As stated in SIGA’s press release, the Community Development Corporations (CDCs) have also played a vital role in the distribution of SIGA’s funds. By focusing on local initiatives, CDCs have driven the growth of essential community programs, such as affordable housing, local infrastructure development, and the support of small businesses. This reinvestment approach has contributed to a more vibrant and economically diverse province.

SIGA’s contribution to the provincial First Nations Addictions and Rehabilitation Foundation (FNARF) is another example of the organization’s commitment to social responsibility. Annually, SIGA contributes $2.5 million to FNARF, which supports addiction prevention, treatment, and rehabilitation programs specifically tailored to the needs of First Nations communities.

SIGA’s impressive financial results for the 2024-25 fiscal year include:

  • Gross Revenue: $378 million, reflecting a robust increase from $347 million in 2023-24.
  • Final Income Distribution: $146 million, up from $139 million in the previous fiscal year.

These results highlight the organization’s ongoing success in both its land-based and online operations. SIGA’s ability to diversify its revenue streams, investing in new technology and expanding its service offerings, has played a crucial role in achieving these remarkable financial outcomes.

Strategic leadership and governance:

SIGA’s success is also attributed to its strong leadership. Under the guidance of President and CEO Zane Hansen, the organization has effectively navigated the challenges posed by the pandemic while strategically positioning itself for future growth. The addition of Chief Tammy Cook-Searson as the new Board Chair has also been an important development. Chief Cook-Searson brings a wealth of experience and a strong commitment to the communities SIGA serves, having been an active member of SIGA’s Board since 2018. Her leadership will ensure that SIGA continues to operate with the interests of Saskatchewan’s First Nations and local communities at the forefront.