POLITICS

Amount waged in Nova Scotia drops in 2012-13, biggest decrease in VLT gambling

07/18/2013 03:09 EDT | Updated 09/17/2013 05:12 EDT
HALIFAX - The amount of money waged in Nova Scotia dropped by 7.8 per cent in 2012-13 compared to a year earlier, with a little more than $1.3 billion spent on gambling.

In its annual gaming report, the provincial government says about $1.4 billion was waged in 2011-12.

Provincial revenue from gaming dropped by 15.4 per cent during the same time period, to about $143 million, down from about $169 million a year earlier.

The amount of money given away in prizes was down as well, to $993 million from about $1 billion a year earlier.

Provincial government revenue from gambling dropped to about $143 million from about $169 million, a decrease of 15.4 per cent.

The biggest drop in the amount of money waged was on video lottery terminals, down more than 14 per cent, while the amount waged in casinos fell four per cent.

The amount spent on lotteries jumped by 3.3 per cent.