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SIGA will operate the site, while SGC will oversee its conduct and management. Revenues will be split 50\/50 between the two parties. As FSIN Chief Bobby Cameron noted in a press statement, it\u2019s the first agreement of its kind, not just in Saskatchewan, but the whole of Canada.<\/p>\n<\/div>\n
He might have added the world. To Casino.org’s<\/em> knowledge, this type of joint gaming operation between a state government and tribal entity exists nowhere else.<\/p>\nRevenue Distributed Among Tribes<\/strong><\/h2>\n“A lot of work went into this, we have ventured on for the last many days, weeks, months and years to get to this point,” explained Cameron. He said the deal represented \u201creconciliation at its finest.\u201d<\/p>\n
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The SGA\u2019s portion of profits from the venture will be distributed among First Nation communities. This will benefit economic and social development, justice, recreation, and health programs. The province will direct its share into priority projects like education, infrastructure, and health.<\/p>\n<\/div>\n
Cameron said the agreement was timely because land-based casinos in Saskatchewan had endured periods of closure because of the pandemic.<\/p>\n
SGA operates seven land-based casinos in Saskatchewan, while SGA operates two.<\/p>\n
Going Global<\/strong><\/h2>\nAt a news conference at the First Nations University of Canada in Regina Thursday, the two parties signed an amendment to their Gaming Framework Agreement to establish a regulatory framework for the site. They also signed a letter of intent, which they said would help define the path forward.<\/p>\n
After the site launches, FSIN will have five years of exclusivity on licensed online gaming within the province. After that, the provincial government could decide to launch its own online gaming operations.<\/strong><\/p>\nWhile the platform will be focused on the Saskatchewan market, Cameron said there was no law to prevent the site from going global.<\/p>\n
\u201cThat\u2019s our goal here. We want to take this worldwide,\u201d he said, as reported by The Star Phoenix. <\/em>He added\u00a0the goal was \u201cnot millions, but billions.\u201d<\/p>\nReg Bellerose, SIGA chair and Chief of Muskowekwan First Nation had a more circumspect projection. He said \u201cin the $20 million, $25 million range\u201d would be a good return.<\/p>\n","protected":false},"excerpt":{"rendered":"
Saskatchewan is the only one of Canada\u2019s ten provinces not to have rolled out some form of regulated online gaming. But that\u2019s about to change, thanks to a landmark new deal between the province and the Federation of Sovereign Indigenous Nations (FSIN). The federation represents Saskatchewan\u2019s 74 First Nations. The deal will see an online […]<\/p>\n","protected":false},"author":36,"featured_media":186895,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,18456],"tags":[],"acf":[],"yoast_head":"\n
Saskatchewan Tribes Strike Landmark Deal to Debut Online Gaming<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n