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604’s Largest Casino To Be Voted Upon Next Week

Vancouver city council is set to vote Tuesday on a controversial proposal that would see B.C.’s largest gambling complex installed on the city’s waterfront.

Paragon Gaming, the BC Lottery Corporation and the BC Pavilion Corporation are all pushing Vancouver to approve plans to build a $500-million casino and hotel tower complex next to BC Place.

The casino would be three times the size of the existing Edgewater Casino and would be moved to a new location beside the exit ramp of the Cambie Street Bridge.

The number of slot machines will jump from 600 to 1,500.

The city has already held eight days of public hearings and debates on the issue.

A coalition of anti-gaming groups and social agencies are protesting the proposal, saying that the costs to society outweigh the potential cash injection into the economy in taxes and revenue.

The casino’s backers say there will be a total of 5,500 new jobs generated with the construction of the facility — 10 per cent of which will be reserved for people from the city’s impoverished Downtown Eastside.

The casino would be the largest Canadian gaming complex west of Ontario

Reported by CTV News

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