Treasure Cove Casino in Prince George pulls in nearly $44 million

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Treasure Cove Casino brought in $43.9 million in revenue during an abbreviated 2021-22 fiscal year, according to the B.C. Lottery Corporation.

The figure is down $7 million from the amount the casino has typically reached in past years, but likely because it had to wait three months to reopen when pandemic-related restrictions that closed the operation were finally lifted.

Slot machines accounted for $40.6 million, table games for $1.1 million and bingo for $2.1 million.

The pandemic had forced Treasure Cove to close in mid-March 2020. Some 15 1/2 months later it reopened on July 1, 2021.

Despite a 2019-20 fiscal year shortened two weeks by the pandemic, Treasure Cove brought in $50.9 million, up $101,000 over the previous fiscal year.

For 2021-22, Treasure Cove received $13.8 million in total commissions.

Under their agreements with BCLC, casinos receive 25 per cent of net win from slots; 77.5 per cent of rake from poker and of net win from craps; 62.5 per cent of net win from low-limit blackjack; 40 per cent of net win from high-limit table games; 42.5 per cent of net win from all other table games; and 90 per cent of bingo sales (after prizes are paid) on the first $10,000 per week and 45 per cent of bingo sales (after prizes are paid) greater than $10,000 per week.

In 2021/22, the City of Prince George received $2.2 million in host local government payments.