BCLC Contributes Record $1.4 Billion to British Columbia
BCLC has released four reports detailing its performance in fiscal year 2017/18 in the areas of financial performance, social responsibility, executive compensation and service provider commissions.
BCLC’s results in these areas strike the right balance between creating outstanding entertainment experiences for players and upholding social responsibility, from new content and distribution of key product categories, to a strategy and evaluation framework that focus on player health.
BCLC posted a net income of $1.401 billion in fiscal year 2017/18, exceeding the previous year’s net income by $61.5 million.
BCLC’s strong financial results were achieved through critical operational execution of our business strategies, especially around new content and the distribution of key product categories. Refining and introducing new games in our slot machines in casino formats, our Scratch & Win games in retail lottery formats and our casino-style games in our eGaming format drove significant revenue growth and bucked the trend seen in other markets. Our total revenue after prizes grew over $100 million and is testimony to a well-balanced product portfolio.