Bc First Nations Gaming Revenue Limited Partnership

the british columbia gaming revenue sharing model distributes first nations’ share of provincial gaming revenue through a limited partnership owned and controlled by british columbia first nations. the partnership receives and distributes revenues to the limited partners and monitors their compliance with use of funds and with reporting and auditing requirements with the assistance of an independent, third-party accounting firm. flexibility is a core feature of the british columbia model, with built-in provisions to allow the model to adapt over time as first nations’ needs, values and desires evolve over the 25-year term of the revenue sharing agreement.