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Parq Vancouver, viewed here to your a warm , is sold with 72,000 square feet of casino area more two flooring. Photo of the Jason Payne / PNG
The newest B.C. Lotto Company wants Vancouver in order to lift otherwise amend the 13-year-old moratorium towards expansion away from betting in town.
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With respect to the city’s standard manager regarding arts, community and you will people characteristics, Margaret Wittgens, we have witnessed present appeal on BCLC to grow gaming within city’s a few casinos – Parq and you can Hastings Racecourse.
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Vancouver takes into account a great deal more gambling at the city’s one or two casinos Returning to movies
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�BCLC is seeking to expand gambling ventures in the Parq and you can Hastings Racecourse casinos by the probably improving the amount of slots and you can table online game,� Wittgens penned during the a report gonna council’s panel for the plan and you can proper priorities may 8.
The newest Parq casino inside the Yaletown has 600 slot machines and you will 61 tables, while east Vancouver’s Hastings Racecourse has 446 slots without gambling dining tables. Parq have consent to perform 75 tables. Hastings Racecourse possess permits to run 600 slots.
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Regarding 2022-23 economic year, the town made $seven.2 mil as its clipped away from betting funds regarding a couple of gambling enterprises. That is lay during the 10 percent of total betting revenue and thus transform yearly. During the 2017-18 and you can 2018-19 the fresh contour was more than $10 mil, because the area earned absolutely nothing on the 2020-21 seasons because of the COVID-19 pandemic.
The town records claims you to BCLC’s expansion desires carry out provide an more $2.5 mil in order to $5 mil per year towards town coffers.
Articles Every playing money that would go to the newest urban area comes from Parq, that have 88 per cent during the 2022-2023. Content articles
As a result of the BCLC interest, Wittgens and you may city-manager Paul Mochrie try recommending council amend the newest moratorium to adopt extension within a couple casinos so long as BCLC provides a visible impact research towards proposed extension.
The newest moratorium is actually acknowledged during the , under previous mayor Gregor Robertson, as a way to obtain the provincial authorities and you can BCLC to help you manage personal session into the expanding playing within the Vancouver.