http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/bclc-2016-2017-cir.pdf
DON QUIXOTE VS. CITY HALL When an American gets mad, he says "where's my Gun". When a Canadian gets pissed off he says "Where is my pen, I'm going to send a letter to the EDITOR". When the EDITOR won't publish his letter he sets up his own BLOG page. When I received enough support to get a Council Seat the dogma of the establishment became : "Better to have him inside the tent pissing out, than outside pissing in." (Only time will tell !)
Showing posts with label lake city casino. Show all posts
Showing posts with label lake city casino. Show all posts
Saturday, June 16, 2018
Saturday, July 29, 2017
2015/2016 Casino Revenue and Host Government Share (and 2000-2016 fiscal casinostats for Vernon
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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http://www2.gov.bc.ca/assets/gov/sports-recreation-arts-and-culture/gambling/gambling-in-bc/reports/fin-rpt-local-gov-revenue.pdf
https://corporate.bclc.com/content/dam/bclc/corporate/documents/gambling-service-provider-commissions-report-2015-2016.pdf
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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https://corporate.bclc.com/content/dam/bclc/corporate/documents/gambling-service-provider-commissions-report-2015-2016.pdf
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/community-impact-report-2015-2016.pdf
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Tuesday, August 23, 2016
Vernon's Upper Room Mission gets $100,000
by Richard Rolke - Vernon Morning Star posted Aug 23, 2016 at 10:00 AM
An infusion of cash will help Vernon residents most in need. The provincial government presented $100,000 to the Upper Room Mission Tuesday to ensure the agency can remain open in between meals weekdays. “It allows us to continue services,” said Rick Lavin, executive director. Earlier this year, URM didn’t receive an anticipated $100,000 B.C. Gaming grant and that meant there weren’t the staffing resources to keep the facility open to clients in between meals. That resulted in concerns within the community about loitering and other problems downtown. Federal funding led to two students being hired during the summer but that program has now come to an end. The $100,000 received from the province Tuesday is transitional as government policies are reviewed. “We’re looking at gaming right across the board,” said Eric Foster, Vernon-Monashee MLA. “We want the ministry people to have a good idea of the needs in the community.” It’s believed URM lost the $100,000 earlier this year because it didn’t fit gaming criteria. Foster says that whether future funding comes from gaming or another source, he wants to ensure URM can continue to operate. “They do a tremendous job for the community,” he said. Lavin hopes there will be long-term access to funding. “The government has been good for us. We’ve worked with Mr. Foster and the government,” said Lavin, “Eric really supports this place and he’s here all of the time. I have full confidence he’s representing us.”
An infusion of cash will help Vernon residents most in need. The provincial government presented $100,000 to the Upper Room Mission Tuesday to ensure the agency can remain open in between meals weekdays. “It allows us to continue services,” said Rick Lavin, executive director. Earlier this year, URM didn’t receive an anticipated $100,000 B.C. Gaming grant and that meant there weren’t the staffing resources to keep the facility open to clients in between meals. That resulted in concerns within the community about loitering and other problems downtown. Federal funding led to two students being hired during the summer but that program has now come to an end. The $100,000 received from the province Tuesday is transitional as government policies are reviewed. “We’re looking at gaming right across the board,” said Eric Foster, Vernon-Monashee MLA. “We want the ministry people to have a good idea of the needs in the community.” It’s believed URM lost the $100,000 earlier this year because it didn’t fit gaming criteria. Foster says that whether future funding comes from gaming or another source, he wants to ensure URM can continue to operate. “They do a tremendous job for the community,” he said. Lavin hopes there will be long-term access to funding. “The government has been good for us. We’ve worked with Mr. Foster and the government,” said Lavin, “Eric really supports this place and he’s here all of the time. I have full confidence he’s representing us.”
Friday, October 02, 2015
Where Does All The Casino Money Go (Updated to March 31,2015) Click to enlarge.
https://www.gaming.gov.bc.ca/reports/docs/fin-rpt-local-gov-revenue.pdf?
Local Government Share of Provincial Casino and Community Gaming Centre (CGC) Revenue - Year-to-Date - Fiscal Year 2014/15 The Province shares gaming revenue with local governments that host casinos and community gaming centres in British Columbia. Host local governments receive ten per cent of the net casino gaming revenue from casinos and community gaming centres within their jurisdiction.
http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/gambling-service-provider-commissions-report-2014-2015.pdf
Saturday, July 25, 2015
15 Years of Casino Data (2000-2014 FISCAL ) VERNON
All Data as taken from BCLC Reports: (2014 Fiscal)
-http://corporate.bclc.com/content/dam/bclc/corporate/documents/fact-sheets/host-local-government-payments2014-15.pdf
-http://corporate.bclc.com/content/dam/bclc/corporate/documents/corporate-reports/gambling-service-provider-commissions-report-2014-2015.pdf
(# of slot machines and tables missing from 2014 Data for first time)
Highlights of 2014 Fiscal. Vernon
Total Casino Gross win- (What the players left at the casino) $ 35,482,000
Casino Operators Share: (Commission and capital expenditures) 41.01% $ 14,552,000
Host Governments Share: What Vernon gets. 10% of Net. 5.90% of Gross. $ 2,093,000
Victoria's Share : What leaves the community - 53.09 of Gross $ 18.837,000
Sunday, March 23, 2014
Connect with Us NEWS Live dealers return to casino
posted Mar 23, 2014 at 1:00 AM Vernon Morning Star
The tables are turning at Vernon’s Lake City Casino. The casino has announced the re-instatement of live dealers. “We get requests for them everyday,” said Clay Riley, manager. Tables go live April 1. “This is not a joke,” said Riley, as the virtual dealer tables were unpopular since being implemented at the Anderson Way casino in 2009. “They weren’t as popular as thought,” said Riley. The change in gaming means Lake City Casino is able to add 15 new employment opportunities to the residents of Vernon. The new Match Eatery & Public House coming to the facility in May 2014 will offer even more hiring opportunities. As a major employer in town this is great news, said Riley. All tables will be open seven days a week at 6 p.m. daily. You can play Blackjack, Three Card Poker, and Ultimate Texas Hold’em. “We have a passion for providing exceptional customer service by engaging and entertaining our clients in a fun, exciting and friendly atmosphere,” said Riley. “Including live tables is the perfect addition as we expand our operations and provide an overall exciting gaming entertainment facility to our valued guests.” Anyone interested in a career with Gateway Casinos can visit www.gatewaycasinos.com/Careers.
The tables are turning at Vernon’s Lake City Casino. The casino has announced the re-instatement of live dealers. “We get requests for them everyday,” said Clay Riley, manager. Tables go live April 1. “This is not a joke,” said Riley, as the virtual dealer tables were unpopular since being implemented at the Anderson Way casino in 2009. “They weren’t as popular as thought,” said Riley. The change in gaming means Lake City Casino is able to add 15 new employment opportunities to the residents of Vernon. The new Match Eatery & Public House coming to the facility in May 2014 will offer even more hiring opportunities. As a major employer in town this is great news, said Riley. All tables will be open seven days a week at 6 p.m. daily. You can play Blackjack, Three Card Poker, and Ultimate Texas Hold’em. “We have a passion for providing exceptional customer service by engaging and entertaining our clients in a fun, exciting and friendly atmosphere,” said Riley. “Including live tables is the perfect addition as we expand our operations and provide an overall exciting gaming entertainment facility to our valued guests.” Anyone interested in a career with Gateway Casinos can visit www.gatewaycasinos.com/Careers.
Friday, March 07, 2014
Government cannot force casino to stay put
By: Cam Fortems in Municipal Government, News, Provincial Politics Kamloops NEWS
The B.C. Liberal government has no intention of forcing Lake City Casinos to remain downtown, said MLA Todd Stone, in whose Kamloops-South Thompson riding the casino operates. Stone said he has come to learn through conversations with Lake City owner Gateway Casinos and Entertainment Ltd. and the B.C. Lottery Corporation (BCLC) that a new casino needs a footprint larger than what is available in downtown Kamloops. While the corporation owns the parking lot downtown behind Hotel 540, development of that site will require underground parking — something Stone said Gateway has deemed too expensive. It has now determined it needs floor space of 40,000 to 50,000 square feet, compared with the 16,000 square feet it has today. Recent news coverage has speculated Gateway intends to develop the former Rona site beside the Trans-Canada Highway in Aberdeen. The company has refused comment. The former Kamloops Daily News building — which the city has purchased for parking use — was ruled out due to development costs, Stone said. “It’s not mine or Terry’s [Kamloops-North Thompson MLA Terry Lake] or BCLC’s — it’s Gateway’s decision.” A Gateway representative could not be reached for comment. Stone said the ultimate authority is the City of Kamloops, which is responsible for zoning and receives $1.3 million a year in revenues from the casino. The city has said it will need to measure the benefits of an expanded casino outside the downtown core versus the potential loss if it were to locate outside city limits. Tk’emlups Indian Band Chief Shane Gottfriedson told KTW last month it would be an “exciting opportunity” if Gateway was to consider TIB land as a new site for its casino.
The B.C. Liberal government has no intention of forcing Lake City Casinos to remain downtown, said MLA Todd Stone, in whose Kamloops-South Thompson riding the casino operates. Stone said he has come to learn through conversations with Lake City owner Gateway Casinos and Entertainment Ltd. and the B.C. Lottery Corporation (BCLC) that a new casino needs a footprint larger than what is available in downtown Kamloops. While the corporation owns the parking lot downtown behind Hotel 540, development of that site will require underground parking — something Stone said Gateway has deemed too expensive. It has now determined it needs floor space of 40,000 to 50,000 square feet, compared with the 16,000 square feet it has today. Recent news coverage has speculated Gateway intends to develop the former Rona site beside the Trans-Canada Highway in Aberdeen. The company has refused comment. The former Kamloops Daily News building — which the city has purchased for parking use — was ruled out due to development costs, Stone said. “It’s not mine or Terry’s [Kamloops-North Thompson MLA Terry Lake] or BCLC’s — it’s Gateway’s decision.” A Gateway representative could not be reached for comment. Stone said the ultimate authority is the City of Kamloops, which is responsible for zoning and receives $1.3 million a year in revenues from the casino. The city has said it will need to measure the benefits of an expanded casino outside the downtown core versus the potential loss if it were to locate outside city limits. Tk’emlups Indian Band Chief Shane Gottfriedson told KTW last month it would be an “exciting opportunity” if Gateway was to consider TIB land as a new site for its casino.
Friday, July 26, 2013
Where Does All The Casino Money Go (Updated to March 31,2013) Click to enlarge.
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Don Quixote Note: These are the tables for the Casino revenue and distribution only. Some of the other cities have Community Gaming Centre Revenue which adds to the amount going to Host Government. Kelowna, Penticton and Kamloops have such centres (Vernon does not have a Chances Gaming Centre) The Revenue to Host City etc for the Community Gaming Centres can be found at:
2012/2013 Annual Report Download report › (P.31 and 33)
Wednesday, June 26, 2013
City seeks gaming revenue increase
By Richard Rolke - Vernon Morning Star Published: June 26, 2013 1:00 AM
The City of Vernon wants a bigger piece of the action. Council is demanding the provincial government increase the amount of gaming revenue provided to communities to make up for dwindling casino profits. “The more it gets reduced, the less there is for infrastructure,” said Coun. Catherine Lord. Presently, the city receives 10 per cent of the net revenue from the local casino, or about $2 million a year. However, there is a concern provincial policies are negatively impacting that funding source. “Gaming opportunities are rapidly expanding in non-traditional venues, with egaming in particular, which dilutes the potential market share for established casinos,” said Will Pearce, the city’s chief administrative officer, in a memo to council. “Host local government share of casino revenues are based on overall casino activity.” The city says the B.C. Lottery Corporation had a record net income of $1,107.4 million in 2011/2012, largely because of egaming, while casino and community gaming revenues in B.C. fell short by $41 million. The city goes on to say that gaming revenue is one of the few non property tax-based sources of funding communities can use for services. “It’s a huge source of revenue,” said Lord. Coun. Bob Spiers believes the provincial government has a responsibility to ensure a steady revenue flow for communities. “They have taken away a lot of our customers who now gamble online,” he said. Spiers also points out that considerable dollars leave Vernon through gambling. “Of the $30 million going through the casino, the city gets $2 million and the rest goes back to Victoria,” he said. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
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Don Quixote Note: Actual breakdown of where money goes is as per chart below updated to end of fiscal 2011. (March 2012). The second chart is a 2010 illustration of the valley host government share for a 10 year period.
In 2012 Fiscal Vernon's share as host government amounted to $2,000,788.
For reports on casino gaming revenues and community gaming centre revenues shared with local governments, follow the links below. http://www.gaming.gov.bc.ca/revenue/index.htm#five
The City of Vernon wants a bigger piece of the action. Council is demanding the provincial government increase the amount of gaming revenue provided to communities to make up for dwindling casino profits. “The more it gets reduced, the less there is for infrastructure,” said Coun. Catherine Lord. Presently, the city receives 10 per cent of the net revenue from the local casino, or about $2 million a year. However, there is a concern provincial policies are negatively impacting that funding source. “Gaming opportunities are rapidly expanding in non-traditional venues, with egaming in particular, which dilutes the potential market share for established casinos,” said Will Pearce, the city’s chief administrative officer, in a memo to council. “Host local government share of casino revenues are based on overall casino activity.” The city says the B.C. Lottery Corporation had a record net income of $1,107.4 million in 2011/2012, largely because of egaming, while casino and community gaming revenues in B.C. fell short by $41 million. The city goes on to say that gaming revenue is one of the few non property tax-based sources of funding communities can use for services. “It’s a huge source of revenue,” said Lord. Coun. Bob Spiers believes the provincial government has a responsibility to ensure a steady revenue flow for communities. “They have taken away a lot of our customers who now gamble online,” he said. Spiers also points out that considerable dollars leave Vernon through gambling. “Of the $30 million going through the casino, the city gets $2 million and the rest goes back to Victoria,” he said. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
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Don Quixote Note: Actual breakdown of where money goes is as per chart below updated to end of fiscal 2011. (March 2012). The second chart is a 2010 illustration of the valley host government share for a 10 year period.
In 2012 Fiscal Vernon's share as host government amounted to $2,000,788.
For reports on casino gaming revenues and community gaming centre revenues shared with local governments, follow the links below. http://www.gaming.gov.bc.ca/revenue/index.htm#five
- Local Government Share of Provincial Casino and Community Gaming Centre Revenue:
2012/13 Year-to-Date Report [PDF]
All Available Years and Quarters [XLS]
Labels:
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Tuesday, June 25, 2013
Vernon demanding increased casino revenue
By Richard Rolke - Vernon Morning Star Updated: June 24, 2013 5:50 PM
The City of Vernon says it's being short-changed over gambling money. Council is demanding that the provincial government increase the amount of gaming revenue provided to communities for items such as infrastructure upgrades. "Gaming opportunities are rapidly expanding in non-traditional venues, with eGaming in particular, which dilutes the potential market share for established casinos," said Will Pearce, the city's chief administrative officer. "Host local government share of casino revenues are based on overall casino activity." The city receives about $2 million a year in revenue from Vernon's casino. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
The City of Vernon says it's being short-changed over gambling money. Council is demanding that the provincial government increase the amount of gaming revenue provided to communities for items such as infrastructure upgrades. "Gaming opportunities are rapidly expanding in non-traditional venues, with eGaming in particular, which dilutes the potential market share for established casinos," said Will Pearce, the city's chief administrative officer. "Host local government share of casino revenues are based on overall casino activity." The city receives about $2 million a year in revenue from Vernon's casino. The city is asking the Union of B.C. Municipalities to lobby the provincial government to change the funding formula.
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Tuesday, December 11, 2012
Lake City Casino offers up more cash to Cops for Kids
Kelowna Capital NewsPublished: December 10, 2012 2:00 PM To finish off the year in true community spirit, Lake
City Casinos made a final donation to Cops for Kids as a part of their
ongoing financial support. Lake City Casinos continually demonstrates their
commitment to the community by supporting the foundation and this year
is no exception. Today’s donation brings their year-end total to over $15,000 to Cops for Kids and the 2012 Cops for Kids Ride. The signature event is a 10-day cycling journey from
Kelowna that takes the team of 25 RCMP riders across the South Eastern
portion of British Columbia, in order to raise funds and awareness for
children in medical, physical or traumatic crisis. Over the past 11 years, Lake City Casinos has dedicated over $100,000 to Cops for Kids to support children in our communities.
Monday, November 05, 2012
South Surrey casino could net $6 million for city annually
By Christopher Poon, Surrey NowNovember 1, 2012
If the proposed South Surrey gaming centre gets approved by council,
the City of Surrey stands to make an estimated $6 million a year due to
simply being a host city. By now, the residents of South Surrey
and the surrounding area have likely heard of the plan by the B.C.
Lottery Corp. and Gateway Casinos and Entertainment Limited to build an
entertainment-focused casino at 168th Street and 10th Avenue. On
Nov. 7, members of the public will be given the opportunity to express
their views about the proposed project at an open house to be held at
the Hazelmere Golf and Tennis Club. Currently, Gateway is
proposing to build a 60,000-square-foot gaming area, a
27,000-square-foot convention/entertainment centre, a 200-room four star
hotel and several restaurants and lounges on the 25acre site, which
will also provide parking for 1,200 guests. The gaming centre's focus
would be on live entertainment and would house the Lower Mainland's
largest convention space outside of Vancouver. As a host city of
the proposed casino, Surrey would be entitled to 10 per cent of the
facility's net revenue, estimated at $60 million. (more)
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Don Quixote Note: Vernon's Share Of casino Net (12 Years)
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Don Quixote Note: Vernon's Share Of casino Net (12 Years)
Thursday, August 09, 2012
BCLC Casino Report to March 31,2012
These Tables are the Casino Analysis for last 12 years for Vernon. Kelowna. Penticton & Kamloops. (All Lake City Casino's). All figures taken from BCLC Annual reports for the 2000-2011 fiscal period. (Ends March 31, 2012)
Download the 2011/12 Annual Report [2.4MB]
Download the 2011/12 Annual Report [2.4MB]
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| 12 years of Casino - Vernon Fiscal 2000- Fiscal 2011 |
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| Valley Casino Totals 12 years Fiscal 2000- Fiscal 2011 |
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Wednesday, August 01, 2012
Penticton’s casino revenues drop
By Joe Fries - Penticton Western News Published: July 31, 2012 3:00 PM
B.C. Lotteries Corporation produced a record profit last year, despite declining revenues at most casinos that meant less money for host local governments like Penticton. Net income across all BCLC operations hit $1.1 billion for 2011-12 on revenues of $2.7 billion, according to its annual report released last week. Casinos and community gaming centres generated about 75 per cent of the total profit, while lotteries produced the balance. All told, profit was up $1.7 million over the record number posted in 2010-11. However, at the Lake City Casino in Penticton, the so-called net win, which equals total revenue minus prize pay-outs, slipped to $29.3 million, down about $291,000 from a year earlier. Net win was also down at the Playtime Gaming Penticton bingo hall, which took in $2.4 million, representing a $132,000 annual decline. A request for comment to Lake City Casino owner Gateway Casinos was transferred to BCLC, where a spokesperson who asked to remain anonymous said via email: “It’s normal for casino revenue to fluctuate from year to year due to variances in the local economy, and while there are those market fluctuations, overall the casino business is projecting moderate growth in the years ahead.” Net win was down at 11 of B.C.’s 17 casinos in 2011-12, as were pay-outs to the communities they call home. Penticton, which gets a one-tenth share of local casino profits, saw its take decline to $1.7 million, down about $30,000 from a year earlier and $170,000 from five years ago. City treasurer Doug Leahy said last year’s drop won’t have a significant impact of Penticton’s finances as its casino account boasts a small surplus. In addition to the casino profit, Penticton also receives about $4 million in annual development assistance compensation payments from BCLC, which it’s using to pay down debt on the South Okanagan Events Centre. Penticton and 29 other host local governments in B.C. received a combined $83.1 million cut from gambling establishments last year to boost local spending. The province passed along another $135 million in gaming grants to community groups. The lion’s share of BCLC’s net income, $696.3 million, was transferred to the provincial government’s coffers as general revenue.
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Don Quixote Note: Local Government Share of Provincial Casino and Community Gaming Centre Revenue: 2011/12 Year-to-Date Report [PDF] $139,038 decrease in Fiscal 2011/12 from Fiscal 2010.11
B.C. Lotteries Corporation produced a record profit last year, despite declining revenues at most casinos that meant less money for host local governments like Penticton. Net income across all BCLC operations hit $1.1 billion for 2011-12 on revenues of $2.7 billion, according to its annual report released last week. Casinos and community gaming centres generated about 75 per cent of the total profit, while lotteries produced the balance. All told, profit was up $1.7 million over the record number posted in 2010-11. However, at the Lake City Casino in Penticton, the so-called net win, which equals total revenue minus prize pay-outs, slipped to $29.3 million, down about $291,000 from a year earlier. Net win was also down at the Playtime Gaming Penticton bingo hall, which took in $2.4 million, representing a $132,000 annual decline. A request for comment to Lake City Casino owner Gateway Casinos was transferred to BCLC, where a spokesperson who asked to remain anonymous said via email: “It’s normal for casino revenue to fluctuate from year to year due to variances in the local economy, and while there are those market fluctuations, overall the casino business is projecting moderate growth in the years ahead.” Net win was down at 11 of B.C.’s 17 casinos in 2011-12, as were pay-outs to the communities they call home. Penticton, which gets a one-tenth share of local casino profits, saw its take decline to $1.7 million, down about $30,000 from a year earlier and $170,000 from five years ago. City treasurer Doug Leahy said last year’s drop won’t have a significant impact of Penticton’s finances as its casino account boasts a small surplus. In addition to the casino profit, Penticton also receives about $4 million in annual development assistance compensation payments from BCLC, which it’s using to pay down debt on the South Okanagan Events Centre. Penticton and 29 other host local governments in B.C. received a combined $83.1 million cut from gambling establishments last year to boost local spending. The province passed along another $135 million in gaming grants to community groups. The lion’s share of BCLC’s net income, $696.3 million, was transferred to the provincial government’s coffers as general revenue.
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Don Quixote Note: Local Government Share of Provincial Casino and Community Gaming Centre Revenue: 2011/12 Year-to-Date Report [PDF] $139,038 decrease in Fiscal 2011/12 from Fiscal 2010.11
Labels:
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Prov. Govt
Saturday, February 04, 2012
Local Government Share of Provincial Casino and Community Gaming Centre Revenue:
2011/12 Year-to-Date Report [PDF]
All Available Years and Quarters [XLS]
2011/12 Year-to-Date Report [PDF]
All Available Years and Quarters [XLS]
Monday, January 16, 2012
People Continue To Gamble, Says BCLC Boss
Written by Peter McIntyre 107.5 KISSFM Monday, 16 January 2012 02:13
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Don Quixote Note: Vernon is budgeting to receive $1,900,000 in Casino Revenue down from the $2,200,000 budgeted in 2011. P.71 2012-2016 Financial Plan - 64.60MB
Wednesday, January 11, 2012
Gamble..But Do It Safely
| BCLC president/CEO Michael Graydon, Annette Sharkey of the Social Planning Council and Vernon Mayor Rob Sawatzky at the launch of Responsible Gambling Week (P McIntyre photo) |
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Prov. Govt
Monday, August 01, 2011
Revenue To Host Government
Revenue to Host Local Governments
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Don Quixote Note: BCLC displays their figures on a fiscal basis ending March 31 each year. Vernon budgets on a calendar basis. The following are the Vernon Figures on a Calendar basis. Projected 2011 figure on a 2010 trend basis would be $1,956,625. Budget was to receive $2,200,000.
- Local Government Share of Provincial Casino and Community Gaming Centre Revenue:
2011/12 Year-to-Date Report [PDF]
All Available Years and Quarters [XLS]
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Don Quixote Note: BCLC displays their figures on a fiscal basis ending March 31 each year. Vernon budgets on a calendar basis. The following are the Vernon Figures on a Calendar basis. Projected 2011 figure on a 2010 trend basis would be $1,956,625. Budget was to receive $2,200,000.
Labels:
bclc,
lake city casino,
Prov. Govt
Friday, July 29, 2011
B.C. eyes mobile gambling apps
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| There is a Fine if you play while Driving |
PlayNow.com now has 170,000 registered players, and is running ahead of expectations, despite an initial software glitch that mixed up player bank accounts and forced a month-long shutdown. Online gambling still represents only one per cent of the corporation's revenues, but that's expected to grow to four per cent by 2014. The bulk of BCLC's more than $1 billion annual profit comes from conventional lotteries and casinos, as slot machines have displaced bingo games in recent years. After returning some of the gambling-funded community grants that were cut in 2009, Premier Christy Clark appointed former Kwantlen University president Skip Triplett to review eligibility for the grants and stabilize funding for non-profit groups. Triplett's community forums begin Aug. 11 on Vancouver Island, moving to the B.C. Interior and finishing in Metro Vancouver in September.
Labels:
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lake city casino,
Prov. Govt
Tuesday, July 19, 2011
Gambling Revenues Up
Gambling revenues were also up at the Lake City in Penticton, but down in Kelowna and Kamloops. The city of Vernon received 2.08 million dollars in casino revenue, an increase of 8 thousand dollars from the year before. That money is used for city projects at the discretion of city council.
Labels:
bclc,
lake city casino,
Prov. Govt
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