The Northern Lights Casino in Prince Albert. (File photo/ paNOW Staff)

By Susan McNeil

SIGA

Provincial Auditor says SIGA financial statements are reliable

Dec 10, 2025 | 5:21 PM

An examination of the annual financial statements of the Saskatchewan Indian Gaming Authority (SIGA) shows that the documents are reliable, reported the provincial auditor on Tuesday.

The group runs multiple casinos around Saskatchewan, including Northern Lights in Prince Albert and the Golden Eagle in North Battleford.

The auditor’s examination came after SIGA was assessed a $1.17 million fine from FINTRAC, the federal watchdog agency that oversee finances, especially for money laundering.

“During 2024–25, SIGA had effective rules and procedures to safeguard public resources and complied with authorities governing its financial-related activities other than it needs to ensure its procedures and reporting clearly comply with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act,” said the audit.

The report does not specify any financial irregularities but mentions the FINTRAC fine along with SIGA’s registered dispute of it.

Riderville

Now for the Hard Part

Dec 10, 2025

Grey Cup!!!

Everything you wanted and more

Nov 21, 2025

Ferland earns Grey Cup ring

'A wonderful human being': High school coach thrilled Logan Ferland is a Grey Cup champion

Nov 17, 2025

The authority has said it plans to appeal the decision to the federal court but did not return calls to paNOW before publication.

Previously, they issued a statement that the penalty is purely about administrative matters and there is no money laundering, terrorist financing or other financial crimes happening at their properties.

The auditor weighed in because SIGA safeguard public money and Lotteries and Gaming Saskatchewan oversees the management of slot machines and online gaming in the province.

In addition to its seven casinos, SIGA has an online gaming site called PlayNOW. All of the casinos have slot machines along with table games and other public hospitality services.

Revenue from the slot machines and the online site belongs to the province but SIGA is allowed to deduct reasonable costs for operating the casinos.

From 2023 to March 2025, SIGA generated $154 million from slot and online operations and $146 million was distributed to the province.

The auditor concluded that SIGA had effective rules and procedures in place to safeguard public resources and that it had complied with a variety of applicable federal and provincial laws. The only issue noted is the FINTRAC fine.

“During 2024–25, SIGA had effective rules and procedures to safeguard public resources and complied with authorities governing its financial-related activities other than it needs to ensure its procedures and reporting clearly comply with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act,” said the audit.