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Parq Vancouver, seen right here to the a warm , includes 72,000 sq ft regarding gambling enterprise room more two floors. Images of the Jason Payne / PNG
The new B.C. Lotto Firm wishes Vancouver so you're able to lift or amend the 13-year-dated moratorium to your extension regarding gambling in town.
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According to the city's standard director from arts, culture and community characteristics, Margaret Wittgens, there's been present focus on BCLC to grow betting at city's a few casinos - Parq and Hastings Racecourse.
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Vancouver considers far more gaming at the city's a few gambling enterprises Back again to films
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?BCLC wants to enhance betting ventures in the Parq and you may Hastings Racecourse gambling enterprises by the possibly increasing the number of slots and you may table video game,? Wittgens published for the a study browsing council's committee to your coverage and you will strategic goals on may 8.
The new Parq casino inside Yaletown provides 600 slots and you may 61 dining tables, when you are east Vancouver's Hastings Resources Racecourse enjoys 446 slots without gaming dining tables. Parq have consent to operate 75 tables. Hastings Racecourse enjoys it permits to operate 600 slot machines.
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On the 2022-23 monetary 12 months, the metropolis acquired $eight.2 million as its slash of gaming revenue on several casinos. This is set in the 10 per cent regarding overall gambling revenue and therefore change annually. Inside 2017-18 and you may 2018-19 the brand new figure is actually over $ten billion, because the urban area earned little on 2020-21 seasons as a result of the COVID-19 pandemic.
The city reports states one to BCLC's expansion wants do give an enthusiastic additional $2.5 mil in order to $5 million a-year into the town coffers.
Article content All gaming funds one would go to the new city is inspired by Parq, with 88 percent for the 2022-2023. Article content
Considering the BCLC desire, Wittgens and you can city-manager Paul Mochrie is suggesting council amend the fresh new moratorium to consider extension from the a couple gambling enterprises provided BCLC provides a direct effect evaluation on the suggested expansion.
The newest moratorium try acknowledged within the , under former mayor Gregor Robertson, in order to have the provincial government and you may BCLC so you can manage societal session into the broadening betting for the Vancouver.