Parq Vancouver, seen here towards a bright and sunny , boasts 72,000 sq ft from gambling enterprise space more a few floors. Photographs of the Jason Payne / PNG
The latest B.C. Lotto Business wants Vancouver to lift or amend its 13-year-old moratorium to the expansion from betting in town.
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With respect to the city’s general manager off arts, people and you will area services, Margaret Wittgens, there has been latest desire from the BCLC to grow betting at city’s two casinos – Parq and you can Hastings Racecourse.
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Vancouver takes into account even more gaming during the city’s a couple gambling enterprises Back to clips
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�BCLC is seeking to expand betting opportunities within Parq and you will Hastings Racecourse casinos by probably enhancing the amount of slots and you can table games,� Wittgens composed inside a report likely to council’s panel towards policy and you will strategic concerns on 8.
The brand new Parq casino inside the Yaletown have 600 slots and you can 61 tables, when you are eastern Vancouver’s Hastings Racecourse has 446 slots with no playing dining tables. Parq enjoys consent to perform 75 tables. Hastings Racecourse features it allows to run 600 slot machines.
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Regarding 2022-23 financial season, the metropolis made $seven.2 mil as its slashed from gaming funds on several gambling enterprises. That is place within ten percent away from full gaming revenue and so alter each year. During the 2017-18 and you can 2018-19 the brand new profile is more $10 billion, as the town attained little regarding 2020-21 12 months considering the COVID-19 pandemic.
The metropolis profile states you to definitely BCLC’s extension wishes carry out provide an enthusiastic most $2.5 million so you’re able to $5 billion a year into the urban area coffers.
Article content All the playing cash you to goes to the fresh new town is inspired by Parq, having 88 percent inside the 2022-2023. Article content
Due to the BCLC interest, Wittgens and you will city manager Paul Mochrie are recommending council amend the fresh moratorium to look at extension within a couple of gambling enterprises provided BCLC provides a direct impact investigations into the recommended extension.
The brand new moratorium try accepted during the , around former gran Gregor Robertson, in order to get the provincial authorities and you will BCLC to help you perform societal consultation towards broadening betting for the Vancouver.