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Parq Vancouver, viewed here into the a warm , includes 72,000 square feet off casino place more than a couple of flooring. Photo of the Jason Payne / PNG
The new B.C. Lottery Firm desires Vancouver so you can elevator or amend its thirteen-year-dated moratorium towards expansion out of betting around.
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According to the city’s standard director regarding arts, culture and you may community services, Margaret Wittgens, there’ve been previous interest regarding BCLC to enhance betting at city’s one or two casinos – Parq and you may Hastings Racecourse.
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�BCLC wants to grow playing options from the Parq and you may Hastings Racecourse gambling enterprises by the potentially enhancing the quantity of slots and table online game,� Wittgens penned during the a research gonna council’s committee for the plan and you will strategic priorities on may 8.
The latest Parq local casino for the Yaletown features 600 slot machines and 61 tables, while eastern Vancouver’s Hastings Racecourse features 446 slot machines and no betting tables. Parq have permission to operate 75 dining tables. Hastings Racecourse enjoys it allows to run 600 slot machines.
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From the 2022-23 financial season, the city gained $seven.2 mil as its cut regarding gambling revenue regarding a few gambling enterprises. This is place at the ten percent out of total betting cash thereby transform from year to year. In the 2017-18 and you may 2018-19 the latest profile are more than $10 mil, while the city acquired absolutely nothing on 2020-21 season considering the COVID-19 pandemic.
The city account states you to BCLC’s extension desires create offer an more $2.5 mil to help you $5 mil annually to your town coffers.
Article content All the gaming funds one goes to the newest town comes from Parq, with 88 per cent within the 2022-2023. Content articles
As a result of the BCLC focus, Wittgens and you can city-manager Paul Mochrie try indicating council amend the latest moratorium to adopt expansion from the a few gambling enterprises for as long as BCLC will bring an effect investigations to the suggested extension.
The fresh new moratorium are acknowledged inside the , below previous gran Gregor Robertson, as a way to get the provincial bodies and BCLC to help you carry out social consultation to the increasing betting during the Vancouver.