Parq Vancouver, viewed here to the a sunny , has 72,000 sqft of local casino area over several floor. Photographs from the Jason Payne / PNG
The fresh B.C. Lotto Corporation wants Vancouver to lift or amend its thirteen-year-old moratorium on the expansion away from gaming around.
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According to city’s standard director off arts, society and you will neighborhood features, Margaret Wittgens, there’ve been recent focus on the BCLC to expand playing from the city’s a few gambling enterprises – Parq and Hastings Racecourse.
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�BCLC is seeking to enhance playing options within Parq and Hastings Racecourse gambling enterprises by the potentially increasing the amount of slots and you will table online game,� Wittgens authored within the a report browsing council’s panel into the plan and you will strategic concerns on may 8.
The fresh new Parq casino inside Yaletown possess 600 slots and you will 61 tables, while east you can try this out Vancouver’s Hastings Racecourse enjoys 446 slot machines no playing tables. Parq have permission to operate 75 tables. Hastings Racecourse has permits to operate 600 slots.
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On 2022-23 economic seasons, the town acquired $7.2 million as the clipped from gambling money regarding two casinos. That is put during the 10 per cent of total playing revenue thereby alter each year. Inside the 2017-18 and 2018-19 the latest shape is more $10 mil, because urban area attained nothing in the 2020-21 season as a result of the COVID-19 pandemic.
The town records states one to BCLC’s extension desires create give an even more $2.5 mil in order to $5 billion per year into the urban area coffers.
Articles All playing revenue one goes to the latest city originates from Parq, that have 88 percent inside 2022-2023. Article content
Because of the BCLC desire, Wittgens and you may city manager Paul Mochrie are recommending council amend the newest moratorium to consider extension at the several gambling enterprises so long as BCLC will bring an effect research to the recommended extension.
The latest moratorium is approved inside , lower than previous mayor Gregor Robertson, in an effort to have the provincial regulators and you can BCLC so you can perform personal session to your increasing gambling inside the Vancouver.