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
印第安納州在線賭場法案在眾議院委員會停滯不前
合規與政策
印度最高法院受理公益訴訟,要求全國禁封「偽裝」成社交遊戲的賭博平台
合規與政策
斯里蘭卡博弈產業大轉型,官方:劍指南亞拉斯維加斯
合規與政策
越南博彩管控逐步放寬,惟本土需求仍顯乏力
東南亞資訊
橫跨全球6個城市,灰度8場派對邀你共看世界盃,重塑高質量社交新場景
灰度頭條
越南在線博彩業政策收緊 催生市場新機遇
東南亞資訊
哈薩克計劃對線上賭場促銷活動進行處罰
合規與政策
亞洲遊戲市場觀察:15大市場熱門遊戲與用戶趨勢
網路遊戲
菲律賓博彩技術賽道迎來新變局,B2B 供應模式加速滲透
東南亞資訊
新澤西州7月博彩收入創6.06億美元新高,頒布禁令
合規與政策
菲律賓網絡賭博和加密貨幣仍構成持續的洗錢風險
東南亞資訊
超級PAC籌資4800萬美元:體育博彩勢力加碼
合規與政策
巴西擬將博弈稅率提高至24% 稅收將用於社保與醫療領域
合規與政策
2027 Global Game Connect(GGC)斯里蘭卡招商全面啟動!業務人脈盡在掌握!
灰度頭條
JILI 宣佈與全球板球傳奇 AB de Villiers(ABD)達成重磅戰略合作
體育遊戲
首頁
遊戲
合作
發現
我的