BCLC enjoys record year as sales top $544 million
BCLC has released its 2020/21 financial performance in its Annual Service Report, highlighting record-setting revenues from its lottery and eGaming channels.
BCLC is focused on delivering entertainment in a socially responsible manner to generate revenue for the Province of British Columbia. As outlined in the 2020/21 Mandate Letter, the Province of B.C. uses revenue generated by BCLC to fund the BC First Nations Gaming Revenue Sharing Agreement, public health care, education, charitable community programs, and other provincial and Host Local Government programs and services.
In 2020/21, BCLC delivered $419 million in net income to the Province of B.C. Innovative, product offerings online and in retail led to a record-setting year for lottery sales and PlayNow.com: the only online gambling site in the province whose profits go back to the Province of B.C.
Increased activity and player registration on PlayNow.com resulted in a 135 per cent year-over-year total revenue growth to $421.4 million, and lottery revenue achieved a record amount of $544 million.