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BCLC to reduce operating costs to reposition for future growth

7th April 2014 8:55 am GMT

Canada’s British Columbia Lottery Corporation (BCLC) has initiated plans to reduce operating costs by approximately CAD$20m this year as the provincial lottery operator looks to reposition the company for future growth.

BCLC said that it has reduced operating expenditures in order to position the corporation to sustain current net income and deliver maximum value for British Columbians.

The provincial lottery operator claims that with the gaming industry across Canada maturing, existing demand for gambling is increasingly being [...]

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