Parq Vancouver, seen right here to the a bright , boasts 72,000 sq ft off gambling enterprise place more one or two flooring. Photos by the Jason Payne / PNG
The new B.C. Lottery Business wants Vancouver to help you elevator otherwise amend their thirteen-year-dated moratorium to the expansion out of gambling around.
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With regards to the city’s standard manager away from arts, culture and you can neighborhood knightslots bonus Canada attributes, Margaret Wittgens, there’ve been current attention from the BCLC to grow betting at the city’s a couple of gambling enterprises – Parq and you may Hastings Racecourse.
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�BCLC wants to grow betting opportunities from the Parq and Hastings Racecourse gambling enterprises by the potentially increasing the amount of slots and you can dining table games,� Wittgens had written in the research browsing council’s panel towards plan and you will proper priorities may 8.
The newest Parq casino during the Yaletown enjoys 600 slot machines and you can 61 dining tables, while eastern Vancouver’s Hastings Racecourse provides 446 slots without gaming tables. Parq possess permission to run 75 tables. Hastings Racecourse has it allows to run 600 slot machines.
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Regarding 2022-23 economic year, the town earned $7.2 mil as the cut regarding betting funds in the a couple gambling enterprises. It is lay at 10 % away from overall gambling cash thereby transform every year. During the 2017-18 and you can 2018-19 the fresh figure was over $10 mil, as the city made nothing on 2020-21 seasons considering the COVID-19 pandemic.
The town records states you to definitely BCLC’s expansion wants perform render a keen additional $2.5 mil to $5 billion per year for the urban area coffers.
Articles The gaming money one would go to the brand new urban area originates from Parq, with 88 percent during the 2022-2023. Articles
As a result of the BCLC focus, Wittgens and you can city manager Paul Mochrie are recommending council amend the latest moratorium to adopt expansion within one or two casinos as long as BCLC brings an effect research towards suggested extension.
The fresh new moratorium try acknowledged during the , under previous gran Gregor Robertson, as a way to obtain the provincial regulators and BCLC so you can would public consultation for the growing betting in the Vancouver.