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    Dailygripe Wheresthebeef

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    kbz88
    The document summarizes revenue and expenses for the British Columbia Lottery Corporation (BCLC) for the 2007-2008 fiscal year. It shows that BCLC had gross revenue of $2.56 billion, with total expenses of $1.47 billion. This left net income of $1.089 billion, of which $936 million (86.57% of net) was retained by the BC government. It also provides comparable figures for gaming revenue and distribution of funds from BCLC's website.

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    Dailygripe Wheresthebeef

    Uploaded by

    kbz88
    23 views1 page
    The document summarizes revenue and expenses for the British Columbia Lottery Corporation (BCLC) for the 2007-2008 fiscal year. It shows that BCLC had gross revenue of $2.56 billion, with total expenses of $1.47 billion. This left net income of $1.089 billion, of which $936 million (86.57% of net) was retained by the BC government. It also provides comparable figures for gaming revenue and distribution of funds from BCLC's website.

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    Excel file in PDF of 2007-2008 BC Lottery Corp. data relating to distribution of lottery funds.

    Original Title

    dailygripe-wheresthebeef

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    The document summarizes revenue and expenses for the British Columbia Lottery Corporation (BCLC) for the 2007-2008 fiscal year. It shows that BCLC had gross revenue of $2.56 billion, with total expenses of $1.47 billion. This left net income of $1.089 billion, of which $936 million (86.57% of net) was retained by the BC government. It also provides comparable figures for gaming revenue and distribution of funds from BCLC's website.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    23 views1 page

    Dailygripe Wheresthebeef

    Uploaded by

    kbz88
    The document summarizes revenue and expenses for the British Columbia Lottery Corporation (BCLC) for the 2007-2008 fiscal year. It shows that BCLC had gross revenue of $2.56 billion, with total expenses of $1.47 billion. This left net income of $1.089 billion, of which $936 million (86.57% of net) was retained by the BC government. It also provides comparable figures for gaming revenue and distribution of funds from BCLC's website.

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    of 1

    Hey Gordo - Where's the Beef? http://vancouverdailygripe.blogspot.

    com

    2007-2008 Millions

    Gross Rev 2,560.0

    Expenses
    Prizes paid 647.1 25.28%
    Commissions / fees 579.3 22.63%
    Operating Exp 185.3 7.24%
    GST 40.0 1.56%
    Ticket printing 17.0 0.66%
    Vancouver's Daily Gripe

    Special policing costs 1.6 0.06%


    Total Expenses 1,470.3 57.43%

    Net Income 1,089.7 42.57%

    Federal Gov. Take 8.5 0.33%

    BC Government Gets 1,081.2 42.23%

    BC Gaming Grants 145.2 5.67%

    As percent of Net 13.43%

    Balance retained by BC 936.0 36.56%


    Gov.

    As percent of Net 86.57%

    Following is from "When you play good things happen"

    Gaming Revenue 2,260.0

    Operating Costs 212.8 9.42%

    Prizes 641.5 28.38%

    Retailers/Operators 483.7 21.40%

    Funding for Prov/Comm 922.7 40.83%

    All above from BCLC.COM as of Sept. 10, 2009


    E. & O. E.

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