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Alberta reports gaming results

17 March 2008

ALBERTA -- As reported by the Calgary Sun: "Provincial gambling revenues are pegged to hit another record while exceeding expectations by $90 million, say government officials.

"With the end of the fiscal year two weeks away, government coffers are expected to bulge by $1.538 billion for 2007-08.

"That's just $28 million less than Alberta's oil royalties.

"But if that holds true, it's only about $5 million more than the 2006-07 total and comes at a time when the provincial economy is cooling.

"...Aside from a slowing economy, gambling researcher Garry Smith said gambling accessibility might be approaching saturation point..."

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