Parq Vancouver, seen here on the a bright and sunny , is sold with 72,000 sqft off gambling establishment room more a couple of flooring. Photographs by the Jason Payne / PNG
The new B.C. Lotto Enterprise wants Vancouver in order to lift or amend the thirteen-year-dated moratorium on the expansion away from gambling in the city.
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With regards to the city’s general manager from arts, community and people qualities, Margaret Wittgens, we have witnessed latest interest from the BCLC to grow betting within city’s two gambling enterprises – Parq and you can Hastings Racecourse.
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Vancouver takes into account more playing in the city’s a couple casinos Back to video
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�BCLC is seeking to expand gaming options during the Parq and you may Hastings Racecourse gambling enterprises by the possibly enhancing the amount of slots and you will dining table video game,� Wittgens published for the a report going to council’s panel towards plan and you will strategic priorities on may 8.
The fresh Parq local casino in the Yaletown possess 600 slots and you will 61 dining tables, while eastern Vancouver’s Hastings Racecourse features 446 slots with no gambling dining tables. Parq enjoys consent to run 75 tables. Hastings Racecourse have permits to perform 600 slot machines.
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On the 2022-23 monetary year, the town earned $7.2 billion as the cut regarding betting revenue regarding a couple gambling enterprises. That is set at ten per cent away from complete gaming revenue and so alter yearly. Inside the 2017-18 and you may 2018-19 the brand new contour was over $10 mil, since the urban area attained absolutely nothing on the 2020-21 season considering the COVID-19 pandemic.
The city account claims you to definitely BCLC’s extension desires perform bring an most $2.5 million so you can $5 mil annually to your town coffers.
Article content All playing money that goes toward the new area is inspired by Parq, that have 88 % in the 2022-2023. Articles
Considering the BCLC interest, Wittgens and you can city manager Paul Mochrie was recommending council amend the fresh moratorium to adopt extension in the a couple casinos as long as BCLC will bring a visible impact testing to the proposed expansion.
The new moratorium try accepted in the , under former gran Gregor Robertson, as a way to have the provincial authorities and you will BCLC so you can create social visit on the broadening gambling during the Vancouver.
