News Release Archive
GAMING CORPORATION--QUARTERLY REPORT ----------------------------------------------------------------- The Nova Scotia Gaming Corporation is reporting a seven per cent increase in profits for the first quarter ending June 30, 1996. Overall net profits from video and other lotteries as well as casinos, are $27.1 million compared to $25.3 million for the same quarter in 1995. Casino operations in Halifax and Sydney cannot be directly compared with the numbers from last year since the Halifax casino only opened in June, 1995, and the Sydney casino in August, 1995. However, Ralph Fiske, chair of the Nova Scotia Gaming Corporation, said the trend in casino revenue growth is positive. Mr. Fiske said it is possible to look at June, 1996, in Halifax compared to June, 1995 with the gross casino revenue at the Halifax casino up by 33 per cent. Planning for a permanent casino in Halifax is continuing with a completion date of September, 1998. -30- Contact: Ralph Fiske 902-424-2203 trp August 16, 1996 - 1:00 p.m.