BCLC to determine interest in hosting a gaming facility in the North Shore and South of the Fraser01/06/2016
Vancouver, B.C., June 1, 2016 – BCLC is taking the first step in determining interest among local governments in the North Shore and South of the Fraser regions of Metro Vancouver to host a potential gaming facility.
BCLC’s assessment of the North Shore and South of the Fraser markets determined there is potential to serve our customers better in these regions. The following local governments have been invited to participate in the Expression of Interest (EOI) process:
North Shore: City of North Vancouver, District of North Vancouver, District of West Vancouver, Squamish Nation and Tsleil-Waututh Nation.
South of the Fraser: City of Surrey, Corporation of Delta and Tsawwassen First Nation.
About the EOI process:
In 2015, BCLC initiated an EOI process to introduce greater openness and transparency to BCLC’s gaming facility relocation/location process. The process begins by assessing potential for gaming facilities through a market assessment, including the potential to better serve more customers through greater accessibility. The EOI process is intended as an initial step to gauge interest from local governments in hosting gaming in their community. It does not constitute a commitment on the part of BCLC.
Local governments have been asked to respond in writing indicating whether or not they are interested in being considered to host a facility, as well as provide initial information about their community.
BCLC respects the authority of local governments to choose whether they want a gaming facility and will only consider pursuing development in communities where host local governments have indicated an interest. Once a Host Local Government is identified, a detailed facility proposal may be submitted to the local government for approval. All facility proposals will require the local government to seek and consider adequate community input.
Local governments that host a casino or community gaming centre receive a 10 per cent share of the net gaming income generated by those facilities.
The deadline for local governments to submit their Expression of Interest is July 15, 2016.
For more info about the North Shore EOI, click here.
For more info about the South of the Fraser EOI, click here.
BCLC is a provincial Crown corporation offering socially responsible gambling entertainment while generating more than $1.3 billion in net income last year to benefit provincial and community programs across B.C. Learn more at http://www.bclc.com/.
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