Can Someone Explain This to Me?

I may not be the sharpest tack in the box financially, but I am having a problem trying to reconcile these two figures.

It seems that Alberta's per capita gaming revenue is $871, the highest in the country. But when you look at the 2008 Annual Report of the Alberta Gaming and Liquor Commission, it states that the total gaming revenue in 2008 was $26 billion. So when you divide that number into the 3.3 million provincial inhabitants (not all of whom are old enough to gamble) that equates to $7,878 per person. Huh? What gives? This seems extremely odd.

Oh, and this fiscal year, 2009-2010, gaming revenue (net) will outpace oil and gas revenue (net) by some $500 million.

Sigh. We live in interesting times, in an interesting place. FUBAR.

Comments

Popular Posts