Parq Vancouver, seen here towards a warm , boasts 72,000 sq ft of local casino place over several floors. Pictures from the Jason Payne / PNG
The new B.C. Lotto Company wants Vancouver in order to elevator or amend the 13-year-dated moratorium to the expansion from gambling in the city.
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With respect to the city’s general movie director off arts, culture and society services, Margaret Wittgens, we have witnessed current focus on BCLC to expand betting within city’s a couple gambling enterprises – Parq and you will Hastings Racecourse.
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�BCLC wants to grow betting options within Parq and Hastings Racecourse gambling enterprises because of the possibly increasing the number of slots and desk games,� Wittgens penned inside a report going to council’s panel for the rules and you can strategic priorities may 8.
The newest Parq gambling establishment inside the Yaletown possess 600 slots and you will 61 tables, if you are east Vancouver’s Hastings Racecourse has 446 slots no gambling dining tables. Parq enjoys consent to perform 75 dining tables. Hastings Racecourse provides permits to perform 600 slots.
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From the 2022-23 economic 12 months, the town gained $eight.2 million as the cut of gambling cash regarding the a few casinos. This is certainly set within ten percent off full gaming money and so changes yearly. Within the 2017-18 and you can 2018-19 the brand new shape was more than $ten billion, as the area acquired little on 2020-21 seasons as a result of the COVID-19 pandemic.
The city records states that BCLC’s extension desires do render a keen most $2.5 million in order to $5 million a-year to the town coffers.
Content articles Most of the gambling revenue one goes toward the newest town comes from Parq, that have 88 per cent in the 2022-2023. Article content
As a result of the BCLC attract, Wittgens and you will city manager Paul Mochrie are suggesting council amend the new moratorium to look at expansion during the two casinos as long as BCLC provides a direct effect testing to your recommended expansion.
The latest moratorium is actually accepted in the , not as much as former mayor Gregor Robertson, in an effort to get the provincial authorities and BCLC to create social session on the broadening playing within the Vancouver.