Parq Vancouver, seen here for the a bright , comes with 72,000 sq ft away from casino space over one or two floors. Photo from the Jason Payne / PNG
The latest B.C. Lotto Organization wishes Vancouver so you can elevator otherwise amend their 13-year-dated moratorium towards expansion off betting in the city.
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With regards to the city’s general director out of arts, community and society Resources functions, Margaret Wittgens, there have been previous attention on BCLC to grow gaming in the city’s several gambling enterprises – Parq and you will Hastings Racecourse.
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Vancouver takes into account far more betting during the city’s several casinos Back again to video clips
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�BCLC is looking for to grow betting solutions at the Parq and you will Hastings Racecourse gambling enterprises from the probably raising the level of slot machines and you may table game,� Wittgens published inside the a research browsing council’s committee into the rules and strategic priorities on may 8.
The new Parq gambling enterprise inside the Yaletown possess 600 slots and 61 tables, when you are east Vancouver’s Hastings Racecourse features 446 slots without gambling dining tables. Parq has permission to operate 75 dining tables. Hastings Racecourse enjoys it allows to run 600 slot machines.
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On the 2022-23 monetary 12 months, the metropolis earned $eight.2 mil as the clipped out of gaming cash on the one or two gambling enterprises. This is certainly put during the 10 percent off total gaming revenue and thus transform annually. For the 2017-18 and 2018-19 the latest figure was more than $10 mil, as the area received absolutely nothing regarding the 2020-21 year due to the COVID-19 pandemic.
The city account states one BCLC’s extension wants would give a keen extra $2.5 million so you can $5 billion a year on the town coffers.
Content articles The betting revenue one goes to the brand new town is inspired by Parq, that have 88 per cent inside 2022-2023. Articles
Considering the BCLC attention, Wittgens and you can city manager Paul Mochrie try indicating council amend the fresh new moratorium to consider extension during the two casinos as long as BCLC provides a direct effect assessment on the advised expansion.
The fresh moratorium is accepted for the , less than former gran Gregor Robertson, as a way to get the provincial bodies and BCLC so you can perform societal consultation to your increasing gambling inside Vancouver.