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Parq Vancouver, seen right here to the a bright , is sold with 72,000 sqft regarding gambling establishment space more than a couple floor. Photos of the Jason Payne / PNG
The fresh new B.C. Lottery Company wants Vancouver in order to elevator otherwise amend the thirteen-year-old moratorium into the expansion regarding betting in the city.
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According to the city’s standard manager regarding arts, people and you can neighborhood attributes, Margaret Wittgens, there has been current appeal in the BCLC to expand betting within city’s two casinos – Parq and you will Hastings Racecourse.
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Vancouver considers a great deal more gambling within city’s one or two casinos To video
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�BCLC is seeking to expand gaming options at the Parq and you will je kunt hier kijken Hastings Racecourse gambling enterprises by possibly enhancing the level of slots and you may table games,� Wittgens had written within the a research attending council’s panel towards policy and proper priorities may 8.
The brand new Parq local casino during the Yaletown features 600 slots and 61 dining tables, when you are eastern Vancouver’s Hastings Racecourse possess 446 slot machines no betting tables. Parq enjoys permission to run 75 tables. Hastings Racecourse have permits to perform 600 slots.
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From the 2022-23 monetary 12 months, the town made $7.2 mil as the cut from gaming revenue on one or two casinos. That is lay at the ten percent from overall betting funds and thus change from year to year. For the 2017-18 and you may 2018-19 the newest profile try over $10 billion, since area acquired nothing on the 2020-21 seasons because of the COVID-19 pandemic.
The metropolis records claims one to BCLC’s extension wishes carry out render an even more $2.5 billion in order to $5 mil a year for the urban area coffers.
Article content All of the betting revenue you to goes toward the latest urban area arises from Parq, having 88 percent within the 2022-2023. Articles
Due to the BCLC attract, Wittgens and you can city-manager Paul Mochrie is recommending council amend the brand new moratorium to look at expansion at a couple casinos provided BCLC brings a positive change analysis on the recommended extension.
The fresh new moratorium are approved for the , under previous gran Gregor Robertson, in order to have the provincial authorities and BCLC to create public consultation to your broadening gaming in the Vancouver.