Connect with us

Hi, what are you looking for?

Tech & Science

Alberta Approves Lottery to Help Struggling NHL Oilers and Flames

EDMONTON, Alberta — The financially fragile Edmonton Oilers and Calgary Flames will benefit from a new Alberta sports lottery starting next hockey season, the province announced Tuesday.

Details on what the lottery product will be haven’t been released, but both NHL teams can expect to share $2 million after prizes and expenses are met.

“The government of Alberta recognizes the importance of the Edmonton Oilers and the Calgary Flames to their communities,” said Gaming Minister Ron Stevens.

Alberta Premier Ralph Klein met with NHL commissioner Gary Bettman in New York earlier this month to pitch the lottery as a way of keeping Alberta’s NHL teams viable.

The Oilers and Flames have cooperated on proposing a 50-50 lottery, in which half of the total raised would go to a winner, with the other half split between the teams. But there was no word Tuesday on whether that was the plan that had been approved.

Officials from both teams have said they are under financial pressures because many of their costs, including players’ salaries, are paid out in U.S. dollars. The lottery will likely bring only slight relief, since the average salary of an NHL player is $1.4 million US.

You may also like:

Life

As the global population grows, the pressure to produce nutritious food more efficiently continues to increase.

World

Career diplomat Julio Cordano was elected by countries meeting in Geneva following a drawn-out battle.

Social Media

Meta's lawyers fought for six days in court to remove jurors who they deemed overly hostile to Facebook and Instagram.

News

The fountains of sleaze are overflowing. The pipelines can’t handle it.