Parq Vancouver, seen right here to the a bright and sunny , is sold with 72,000 square feet regarding local casino space over one or two floor. Images by the Jason Payne / PNG
The latest B.C. Lottery Business wishes Vancouver so you can elevator otherwise amend the 13-year-old moratorium to your extension from gambling in town.
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With regards to the city’s general manager away from arts, people and community features, Margaret Wittgens, we have witnessed recent attract in the BCLC to grow betting at the city’s a few casinos – Parq and you may Hastings Racecourse.
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Vancouver takes into account even more gambling from the city’s a couple casinos Back into films
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�BCLC is looking for to grow playing options in the Parq and Hastings Racecourse casinos because of the possibly increasing the quantity of slots and you may dining table games,� Wittgens published for the research likely to council’s committee to the coverage and you can strategic concerns on 8.
The newest Parq gambling establishment for the Yaletown possess 600 slots and you may 61 tables, if you are eastern Vancouver’s Hastings Racecourse has 446 slots with no gambling tables. Parq enjoys consent to operate 75 tables. Hastings Racecourse has it permits to run 600 slot machines.
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From the 2022-23 economic seasons, the town received $seven.2 million as the reduce regarding gaming cash in the one or two gambling enterprises. That is set at 10 percent out of overall playing revenue and therefore changes every year. Inside the 2017-18 and you may 2018-19 the newest figure is actually more $ten mil, because the urban area received absolutely nothing on the 2020-21 12 months due to the COVID-19 pandemic.
The metropolis account says you to BCLC’s extension wants perform provide an enthusiastic additional $2.5 billion to $5 million a year on the urban area coffers.
Article content Most of the gambling funds that goes to the brand new city arises from Parq, that have 88 per cent inside 2022-2023. Articles
Because of the BCLC desire, Wittgens and city manager Paul Mochrie was recommending council amend the brand new moratorium to take on extension during the several casinos for as long as BCLC will bring an effect testing into the advised expansion.
The latest moratorium was approved inside , not as much as previous mayor Gregor Robertson, in an effort to get the provincial bodies and you will BCLC to perform public appointment for the broadening betting in the Vancouver.