Parq Vancouver, viewed right here to the a bright and sunny , includes 72,000 sqft off gambling enterprise place over two floor. Images of the Jason Payne / PNG
The new B.C. Lotto Company wishes Vancouver to lift or amend their thirteen-year-dated moratorium for the extension of betting in town.
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With respect to the city’s standard movie director regarding arts, culture and you can people functions, Margaret Wittgens, there were present attract in the BCLC to enhance gaming within city’s several gambling enterprises – Parq and you can Hastings Racecourse.
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Vancouver takes into account a lot more gambling at the city’s a couple casinos Back into videos
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�BCLC wants to grow betting possibilities at Parq and you may Hastings Racecourse gambling enterprises because of the potentially raising the number of slot machines and table video game,� Wittgens composed in the research planning to council’s committee for the coverage and you will strategic goals on may 8.
The fresh new Parq gambling establishment in the Yaletown have 600 slots and 61 dining tables, when you find yourself eastern Vancouver’s Hastings Racecourse possess 446 slots no gambling dining tables. Parq provides consent to operate 75 tables. Hastings Racecourse has permits to operate 600 slots.
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From the 2022-23 financial year, the town gained $eight.2 mil as the clipped off betting revenue regarding a few casinos. This can be put during the 10 percent away from overall gambling revenue and thus changes annually. Inside 2017-18 and you can 2018-19 the fresh contour are over $ten billion, because the town earned nothing on the 2020-21 seasons because of the COVID-19 pandemic.
The town reports states you to BCLC’s extension desires do provide an enthusiastic a lot more $2.5 billion so you can $5 mil a year to the city coffers.
Articles Most of the betting money you to definitely would go to the latest city arises from Parq, which have 88 per cent during the 2022-2023. Article content
Due to the BCLC attention, Wittgens and you will city-manager Paul Mochrie is actually indicating council amend the newest moratorium to consider extension during the several casinos so long as BCLC provides a direct impact research for the advised expansion.
The new moratorium is approved inside , below previous gran Gregor Robertson, as a way to obtain the provincial regulators and you will BCLC so you’re able to manage societal appointment to the expanding playing inside the Vancouver.