Parq Vancouver, viewed here towards a bright and sunny , includes 72,000 square feet off gambling establishment space more than one or two flooring. Photo by the Jason Payne / PNG
The new B.C. Lotto Firm wishes Vancouver in order to lift otherwise amend its 13-year-dated moratorium to your expansion off playing in the city.
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According to the city’s standard director away from arts, community and neighborhood characteristics, Margaret Wittgens, there’s been current focus regarding BCLC to expand playing at city’s two gambling enterprises – Parq and Hastings Racecourse.
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�BCLC is looking for to grow gambling opportunities in the Parq and you may Hastings Racecourse casinos from the possibly raising the amount of slots and you will table games,� Wittgens authored inside a research planning to council’s panel to your policy and you may strategic priorities may 8.
The new Parq local casino in the Yaletown has 600 slot machines and you can 61 tables, when you are eastern Vancouver’s Hastings Racecourse features 446 slot machines without gambling tables. Parq possess consent to operate 75 dining tables. Hastings Racecourse features it allows to operate 600 slot machines.
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On 2022-23 economic season, the town earned $seven.2 mil as the cut regarding playing cash regarding the one or two casinos. This can be put within ten percent regarding complete betting money thereby alter yearly. Within the 2017-18 and you can 2018-19 the fresh new figure was more than $ten billion, since area made nothing on 2020-21 season as a result of the COVID-19 pandemic.
The city profile claims you to definitely BCLC’s extension wishes carry out render an enthusiastic a lot more $2.5 million in order to $5 billion a year towards area coffers.
Content articles All betting funds one to would go to the brand new urban area is inspired by Parq, which have 88 % within the 2022-2023. Article content
Because of the BCLC appeal, Wittgens and you will city-manager Paul Mochrie is recommending council amend the fresh new moratorium to consider expansion in the several casinos as long as BCLC will bring a direct effect assessment towards advised extension.
The latest moratorium was approved inside , under former mayor Gregor Robertson, in order to obtain the provincial bodies and you will BCLC in order to manage public appointment on the growing playing during the Vancouver.