{"id":260,"date":"2024-06-27T10:38:00","date_gmt":"2024-06-27T07:38:00","guid":{"rendered":"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/"},"modified":"2024-06-27T10:38:00","modified_gmt":"2024-06-27T07:38:00","slug":"bclc-reports-lower-earnings-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/","title":{"rendered":"BCLC Reports Lower Earnings Due to COVID-19"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/uGQf-vVXeYE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The British Columbia Lottery Corporation (BCLC) has declared that steps taken during the COVID-19 outbreak have resulted in a decrease in its earnings for the 2019-20 fiscal period.<\/p>\n<p>BCLC&#8217;s income was C$25.3 billion (equal to \u00a314.5 billion\/\u20ac16.2 billion\/$19.5 billion), a 2.3% drop compared to the 2018-19 fiscal period, and below BCLC&#8217;s prediction of C$26.4 billion for the 12 months concluding March 31, 2020.<\/p>\n<p>Casinos and community gaming continued to be the operator&#8217;s primary income source, generating C$18.3 billion, a 3.7% year-over-year decline.<\/p>\n<p>All segments except poker witnessed revenue reductions in the 2019-20 fiscal period. Slot machine revenue fell 2.3% to C$13.7 billion; table game revenue dropped 8.2% to C$417.2 million; bingo revenue decreased 9.6% to C$20.8 million; while poker revenue increased 1.7% to C$24 million.<\/p>\n<p>BCLC stated that casino and community gaming revenue was C$152.2 million lower than anticipated, primarily due to the effects of COVID-19. <\/p>\n<p>The province of British Columbia&#8217;s directives compelled gaming operators to shut down all their establishments in March, and these venues remain closed.<\/p>\n<p>Despite this downturn, the British Columbia Lottery Corporation (BCLC) experienced a 1.8% rise in lottery and online gaming income. The department&#8217;s overall revenue reached $698.2 million, exceeding its fiscal year budget of $652.6 million by $45.6 million.<\/p>\n<p>This growth was fueled by the online gaming sector, which saw a 19.5% surge in revenue to $179 million. BCLC attributed this increase to enhancements made to its PlayNow brand online gaming offerings.<\/p>\n<p>Conversely, lottery revenue experienced a 2.2% decline to $519.2 million, as sales plummeted due to the closure of retail outlets in the latter half of the fiscal year due to the COVID-19 pandemic.<\/p>\n<p>You can find the complete report at iGB North America.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Columbia Lottery Corporation (BCLC) has declared that steps taken during the COVID-19 outbreak have resulted in a decrease in its earnings for the 2019-20 fiscal period. BCLC&#8217;s income&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BCLC Earnings Dip Amidst COVID-19<\/title>\n<meta name=\"description\" content=\"British Columbia Lottery Corporation (BCLC) reports a decrease in earnings for the 2019-20 fiscal year, citing the impact of COVID-19.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"BCLC Reports Lower Earnings Due to COVID-19\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"British Columbia Lottery Corporation (BCLC) reports a decrease in earnings for the 2019-20 fiscal year, citing the impact of COVID-19.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Source for Trusted Casino News &amp; Licensed Gaming Experience\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T07:38:00+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/\",\"url\":\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/\",\"name\":\"BCLC Earnings Dip Amidst COVID-19\",\"isPartOf\":{\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T07:38:00+00:00\",\"dateModified\":\"2024-06-27T07:38:00+00:00\",\"author\":{\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"British Columbia Lottery Corporation (BCLC) reports a decrease in earnings for the 2019-20 fiscal year, citing the impact of COVID-19.\",\"breadcrumb\":{\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/2024\/06\/27\/bclc-reports-lower-earnings-due-to-covid-19\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/spindimensionnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BCLC Reports Lower Earnings Due to COVID-19\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/spindimensionnodepositbonus.icu\/#website\",\"url\":\"https:\/\/spindimensionnodepositbonus.icu\/\",\"name\":\"Your Source for Trusted Casino News &amp; Licensed Gaming Experience\",\"description\":\"Indulge in the excitement of licensed online gambling with the help of our up-to-date casino news, comprehensive reviews, and expert articles. 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