Report NOVA SCOTIA
NOVA SCOTIA BEST DEFENCE
The Great Canadian Gaming Corporation follows it’s own unique Gameplan - quite literally
Nova Scotia is one of the three Maritime provinces and is the most populous of the four in Atlantic Canada and is located exactly halfway between the Equator and the North Pole.
It is the second smallest province in the country and the mainland is surrounded by the Atlantic Ocean whilst the region is also made up of some 3,800 coastal islands including Cape Breton Island which is a large island to the northeast. It is also the second most densely populated province with around 921,000 inhabitants.
The name comes from the Latin New Scotland and the province is often described as Canada’s Ocean Playground as it is surrounded by three major bodies of water plus a land border with New Brunswick.
Economically the province has struggled over the last decade and at one time the fishery industry was a thriving part of the economy. This however suffered a decline in the late 20th century and the collapse of cod stocks saw the closure of this sector whilst other industries such as coal mining and steel were hit hard too.
Since the early 1990s offshore oil and gas have played an increasingly important role alongside the agriculture sector. Nova Scotia’s defence and aerospace industries also contributes significantly and its film industry, manufacturing and Information and Communication Technology industries are also growing.
The unemployment rate reached 8.9 per cent in 2012 although there is growth in the private sector and retail sector. Real GDP is around $36.3bn.
Meanwhile tourism supports around 40,000 jobs and there are around 250,000 cruise ship passengers from around the world flocking into the Port of Halifax each year. The tourism industry contributes around $1.3m to the economy annually. In 2011 Nova Scotia saw 2.1 million visitors.
February 2013 PAGE 124
The Atlantic Lottery Corporation is the operator of the lottery, sports betting and VLT
sector whilst Great Canadian Gaming Corporation is the operator of Nova Scotia’s two casinos.
The gaming industry in Nova Scotia is regulated by the provincial
government via the
Nova Scotia Gaming Corporation (NSGC)
and governed by the Gaming Control Act.
The role of the NSGC is to ensure the
industry is socially responsible and generate profits to
help pay for services and infrastructure. In 2011/12 a total of
$152.8m was paid to the province.
THE GAMING INDUSTRY The gaming industry in Nova Scotia is regulated by the provincial government via the Nova Scotia Gaming Corporation (NSGC) and governed by the Gaming Control Act. The role of the NSGC is to ensure the industry is socially responsible and generate profits to help pay for services and infrastructure. In 2011/12 a total of $152.8m was paid to the province.
The Alcohol and Gaming Division (AGD) of Service Nova Scotia and Municipal Relations regulates and monitors the industry. This is a separate entity and independent to the NSGC.
Originally the Nova Scotia Gaming Control Commission was set up in 1995 and governed the sector. In 1997 it underwent a merger and was renamed the Nova Scotia Alcohol and Gaming Division. Licensing and registration now goes through the AGD which covers charitable gaming licences for bingo, ticket lotteries, liquor establishments, video outlets, casinos and VLTs.
The Atlantic Lottery Corporation is the operator of the lottery, sports betting and VLT sector whilst Great Canadian Gaming Corporation is the operator of Nova Scotia’s two casinos.
In 2011/12 the people of Nova Scotia wagered around $1.42bn on gambling with some $1.08bn being dished out in prizes. Of this $152.8m in revenue was
generated for government programmes and services. The sector employs 668 people.
Meanwhile the NSGC revenues for 2011/12 were $427.7m with a net income of $137.7m. Of this ticket lottery saw revenues of $207.3m; VLTs saw revenues of $137.2m and casinos $82.9m.
CASINOS Casino Nova Scotia in Halifax and Casino Nova Scotia in Sydney are operated by the Great Canadian Gaming Corporation.
The Great Canadian Gaming Corporation was founded in 1982 by Ross McLeod and began by operating temporary Monte Carlo style charity casinos in British Columbia. It opened its first permanent location in 1987 in Vancouver.
In 2001 when the law changed the company then opened two new casinos in British Columbia – the View Royal Casino and the Coquitlam Casino (later renamed the Boulevard Casino). It went on to open the River Rock Casino Resort in British Columbia and racetracks in Vancouver and Ontario.
Today GCGC operates a total of 17 gaming locations in Canada and the USA - nine gaming facilities in British Columbia, two racetrack facilities in Ontario, two casinos in Nova Scotia and four casinos in the US.
In 2005 Great Canadian Gaming
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