Parq Vancouver, seen here towards a bright and sunny , boasts 72,000 square feet from gambling enterprise area more than a few floors. Pictures of the Jason Payne / PNG
The latest B.C. Lottery Corporation wants Vancouver to help you elevator or amend their thirteen-year-dated moratorium into the extension from gaming in the city.
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With regards to the city’s general movie director away from arts, community and you will community attributes, Margaret Wittgens, there has been latest attract in the BCLC to enhance gaming at city’s a couple of casinos – Parq and you will Hastings Racecourse.
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Vancouver takes into account much more gaming within city’s a few casinos Back again to video
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�BCLC wants to enhance betting potential from the Parq and you will Hastings Racecourse casinos because of the probably improving the level of slot machines and you may table online game,� Wittgens had written within the research likely to council’s committee to your coverage and you may strategic goals on may 8.
The fresh Parq gambling establishment during the Yaletown have 600 slots and 61 tables, when you are eastern Vancouver’s Hastings Racecourse enjoys 446 slot machines without playing dining tables. Parq has permission to operate 75 tables. Hastings Racecourse provides it permits to run 600 slot machines.
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From the 2022-23 financial season, the metropolis received $eight.2 mil as the slashed off gaming revenue in the a few casinos. This can be place at 10 percent from full gambling money thereby alter each year. In the 2017-18 and you may 2018-19 the fresh figure try more $ten million, while the urban area gained absolutely nothing regarding the 2020-21 year as a result of the COVID-19 pandemic.
The town account says you to definitely BCLC’s expansion wants would promote a keen even more $2.5 million to $5 billion a-year to the area coffers.
Article content All gaming revenue you to goes toward the new urban area comes from Parq, that have 88 % during the 2022-2023. Content articles
Because of the BCLC desire, Wittgens and city manager Paul Mochrie try indicating council amend the newest moratorium to take on expansion in the two casinos so long as BCLC brings a visible impact evaluation on the advised extension.
The brand new moratorium is actually approved for the , lower than former gran Gregor Robertson, in order to have the provincial authorities and you can BCLC in order to would social visit to the increasing gambling for the Vancouver.