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Parq Vancouver, viewed right here to the a bright and sunny , is sold with 72,000 square feet away from gambling establishment space more than a few floor. Pictures of the Jason Payne / PNG
The fresh new B.C. Lottery Business desires Vancouver to elevator or amend its thirteen-year-old moratorium for the extension off gambling around.
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With respect to the city’s general movie director out of arts, community and you may community features, Margaret Wittgens, there’ve been previous desire regarding the BCLC to enhance playing within city’s a couple casinos – Parq and Hastings Racecourse.
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�BCLC is seeking to expand gambling ventures at the Parq and Hastings Racecourse casinos by possibly raising the number of slot machines and dining table games,� Wittgens had written for the a report planning to council’s committee for the coverage and you may strategic goals on may 8.
The latest Parq casino within the Yaletown has 600 slot machines and you will 61 dining tables, when you find yourself east Vancouver’s Hastings Racecourse features 446 slots no betting dining tables. Parq enjoys permission to operate 75 dining tables. Hastings Racecourse enjoys it allows to perform 600 slots.
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On 2022-23 economic seasons, the town received $seven.2 million as the clipped from betting revenue from the a few casinos. This can be place from the ten % from full gaming funds thereby alter each year. Within the 2017-18 and 2018-19 the fresh new profile was more than $10 billion, because town received nothing from the 2020-21 12 months considering the COVID-19 pandemic.
The town accounts states you to definitely BCLC’s expansion wishes would give an extra $2.5 million to $5 million annually to the town coffers.
Articles The playing revenue that goes to the fresh new area originates from Parq, with 88 per cent inside the 2022-2023. Article content
Considering the BCLC attention, Wittgens and you may city-manager Paul Mochrie are suggesting council amend the newest moratorium to consider expansion from the a few casinos as long as BCLC provides a positive change testing to the advised extension.
The fresh new moratorium is accepted during the , under former gran Gregor Robertson, in an effort to get the provincial regulators and BCLC to would public session to the increasing gaming inside Vancouver.
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