8. St. Eugene Resort
• 125 Guest Rooms
• Full fitness centre with
hot tubs, pool, dry
sauna, steam room
• Ktunaxa Interpretive
Centre
• Delta Hotels opened
January 2003
9. Casino of the Rockies
• 234 slot stations
including E-roulette
• 9 table games
• Poker Room, OTB
• Lottery sales &
Redemption centre
• Opened September 21,
2002
10. Our Awards
• Canada Select 4 ½
stars
• AAA/CAA 3
diamonds
• 4 Green Keys – Hotel
Association Canada
• 3 Green Leaves –
Audubon Society
11. The Owners
• Tripartite ownership group
Chippewas of Rama First Nation – Ontario
Samson Cree First Nation – Alberta
Ktnuaxa Nation Council – British Columbia
13. The Operation - Demographics
• Casino market
– 80% local player
– 61% female
– 27% age 60-69
• Hotel
– B.C. / Alberta business traveller
• Golf
– Primary Alberta followed by local market
• Dining – local followed by in-house
14. The Operation - Strengths
• Property Strengths
– Beauty in location
– High quality of property
– Casino of the Rockies
– Food & Beverage
– The Owners
– Our partnerships – BCLC
15. The Operation - Challenges
• Remoteness of property
• The Market
– Primary market < 60,000
• Competition
– Golf
– Resorts – Panorama, Fernie, Kimberley
• Our property
– Inability to host large events
16. Our Partner – the BCLC
• 1997: Province issued RFP for gaming /resort
destinations
Key: entertainment options to domestic and tourism
markets
Approval in principle granted for current site
September 2002: Casino of the Rockies opens
Critical to the property was the partnership with the BCLC
17. Our Partner – The BCLC
• British Columbia Lottery Corp
– Conducts & manages gaming in BC
– Enters into service/revenue sharing agreements
with operators (Casino Operational Services
Agreements)
– Owns the slot machines and some of the gaming
equipment
– Issues policies and directives
18. Our Partner – The BCLC
• Revenue Sharing Model
• Service Providers Receive
– 25% of EGD revenue
– 40% of table games revenue
– 75% of poker revenue
• Four other key programs exist . . .
19. Our Partner – The BCLC
• Development Assistance Compensation (DAC)
• Host Local Government (HLG) Compensation
• Facility Development Compensation (FDC)
• Accelerated Facility Development
Compensation (AFDC)
20. Our Partner – The BCLC
• DAC
– Struck in 1999, since amended
– Four signatories – Province, Proponent, Host and
BCLC
– Goal: to encourage local economic development
related the destination casino facility
– For approved projects contiguous to casino
– Province contributes up to 1/6 of Net Gaming
Income to Proponent
21. Our Partner – The BCLC
• HLG
– First Nations rightly acknowledged as Host Local
Government under agreement
– Signatory to DAC Agreement by reason of a
destination casino being approved /constructed
– Province contributes up to 1/6 of Net Gaming
Income to HLG
– Programming enhances economic benefits to HLG
– BCLC to key to successful execution / outcome
22. Our Partner – The BCLC
• FDC
– Open to all casino Service Providers
– Applies to BCLC approved projects for the
development or improvement of casinos
– Can earn additional consideration equal to 3% of
the Win
– May draw on FDC in amount equal to incurred
/paid expenditures
– Extremely important to St. Eugene
23. Our Partner – The BCLC
• AFDC
– Created to enhance the economic model for
redevelopment of casino properties by SP’s
– To facilitate timely redevelopment of casinos and
entertainment amenities
– Similar conditions to FDC
– A one-time initiative only
– In addition to FDC at a rate of 2% of Win
24. Our Partner – The BCLC
• Our BCLC partnership is extremely valuable
– Floor refresh initiatives
– New Product
– Responsible Gaming
• Game Sense
– Free flow of communication / problem solving
– Assisting our property to flourish and grow
– Creating wealth and value for our owners
