Parq Vancouver, viewed here into the a bright and sunny , has 72,000 sq ft from local casino area over two floor. Photo by Jason Payne / PNG
The brand new B.C. Lottery Organization wants Vancouver to help you elevator otherwise amend its thirteen-year-old moratorium towards expansion regarding gambling around.
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According to the city’s general director regarding arts, society and you may community functions, Margaret Wittgens, we have witnessed current desire regarding the BCLC to expand gambling at the city’s one or two gambling enterprises – Parq and you may Hastings Racecourse.
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Vancouver takes into account far more betting in the city’s a few casinos Back to videos
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�BCLC is looking for to expand betting ventures in the Parq and you will Hastings Racecourse gambling enterprises from the potentially improving the number of slots and dining table game,� Wittgens authored during the a report likely to council’s panel on the coverage and you can strategic concerns on may 8.
The new Parq local casino inside Yaletown possess 600 slot machines and 61 tables, when you are eastern Vancouver’s Hastings Racecourse features 446 slots and no gaming tables. Parq have permission to operate 75 dining tables. Hastings Racecourse have it allows to perform 600 slot machines.
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In the 2022-23 financial 12 months, the metropolis gained $eight.2 million as its slashed from betting revenue on a couple casinos. This is certainly set at the ten per cent off full gaming cash thereby changes from year to year. Inside the 2017-18 and 2018-19 the brand new shape try over $ten billion, since town acquired absolutely nothing on 2020-21 seasons due to the COVID-19 pandemic.
The town records states you to BCLC’s extension desires would provide a keen even more $2.5 million to $5 mil per year into the urban area coffers.
Article content Most of the betting funds one to goes toward the brand new city arises from Parq, having 88 percent inside the 2022-2023. Articles
As a result of the BCLC appeal, Wittgens and you can city manager Paul Mochrie is actually indicating council amend the new moratorium to take on expansion during the a couple of gambling enterprises for as long as BCLC will bring a direct effect research to the suggested expansion.
The new moratorium try acknowledged inside , lower than former gran Gregor Robertson, in order to get the provincial government and you will BCLC to help you carry out societal session to the expanding playing in the Vancouver.