Vancouver to consider easing rules on casino expansion
游戏风向 · 2024-05-23

Vancouver to consider easing rules on casino expansion

Vancouver City Council will consider a recommendation to relax the restrictions on expanding casinos in the city.

A staff report will be presented to council on May 8 that proposes loosening the moratorium on new or expanded gambling venues.

The British Columbia Lottery Corporation wants to expand gambling at the two casinos in the city, Parq Casino Vancouver and Hastings Racecourse and Casino. BCLC proposes adding more slot machines and table games.

Parq currently has 600 slot machines and 61 gambling table while Hastings holds 446 slot machines. The report did not clarify how many the lottery corporation is looking to add.

A BCLC spokesperson told Canadian Gaming Business that through its consultations with Vancouver on the state of the gaming market and the performance of the facilities, “an opportunity was identified to enhance the gambling mix” at both venues.

The moratorium was implemented in 2011, around the same time that the city rejected an application for a 1,500-slot casino on the Vancouver waterfront. It means the city cannot accept a direct application from BCLC to expand one of its casinos. The report recommends an amendment to allow councillors to approve or reject such proposals. Applications for new gambling venues would still be banned.

“This approach aims to ensure council decisions are informed by sufficient detail to assess the impacts of expanding gambling at existing facilities… while keeping other elements of the moratorium intact,” the report reads.

B.C. regulations guarantee municipal governments 10% of net casino gaming revenue in their jurisdiction on an annual basis. Parq and Hastings contributed more than $7 million to the city in the 2022-23 fiscal year, according to financial disclosures in the report. Parq supplied more than $6 million of that.

BCLC forecasts that expansions to one or both of the venues could increase the government’s annual slice by somewhere between $2.6 million to $5 million.

“Like most cities, Vancouver has seen significant growth since the moratorium was approved in 2011, almost 15 years ago,” the BCLC spokesperson told Canadian Gaming Business. “Since then, the population has grown by an estimated 22% while the gambling mix in Vancouver has remain unchanged. Amending the moratorium would allow us to work with Vancouver city staff to look at ways to meet increased player demand and expectations in the city and generate additional revenue for the Province of B.C. and City of Vancouver.”

The report presents several options to council. They include amending the moratorium to accept an expansion application for one or both of the existing casinos, lifting it entirely for all casinos or conducting a full analysis before deciding.

In the report, staff recommend Option 1.

Parq Vancouver was opened in 2017 next to BC Place stadium in downtown Vancouver. Under current regulations, the 72,000-square-foot, two-storey casino is permitted 600 slot machines and 75 table games. It has maxed out that slot allowance and has 61 table games. Hastings Racecourse and Casino is owned and operated by Great Canadian Entertainment. It has 446 slot machines from an allowance of 600 on a casino floor beneath the horse racing grandstands.

熱門文章
1spin4win releases unique slot Don Catleone Hold and Win featuring gangster cats
Online Game
JILI Partners with Cricket Legend AB de Villiers (ABD) to Launch Exclusive Branded Game Series 100% 11
Sports Game
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
Online gambling, crypto pose ongoing money laundering risks in Philippines, analyst says
Southeast Asia
Across 6 Cities: HUIDU Invites You to 8 World Cup Parties Redefining High-Value Social Networking
HUIDU Focus
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
British gambling levy rates confirmed for each vertical
Regulation
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
Indiana online casino bill stalls in House committee
Regulation
Kazakhstan plans to penalise online casino promotions
Regulation
HUIDU Invites You to Booth T70 at iGB L!VE 2026 — Let’s Ignite London This July!
HUIDU Focus
New Jersey July Gambling Revenue Hits $606M, Sweeps Casinos Banned
Regulation
GGC Awards 2026 Shines in Colombo: Honoring Leaders and Innovators in the iGaming Industry
HUIDU Focus
首頁
遊戲
合作
發現
我的