147 replies to this topic

[hoi polloi]

As previously promised I finally got the time to upload some pictures of the View Royal Casino expansion...the link also has the Lee Valley Tools/Commercial development...

http://www.flickr.co...s/27997190@N07/

Lee Valley Tools...i am thrilled. the catalogs are pure **rn; just not enough

[spanky123]

Just checked the Great Canadian Casions website for View Royal and there is now no mention of a casino expansion, just the expansion of the parking lot and change to the entrance.

http://www.greatcanadiancasinos.com/viewroyal/index.html

[spanky123]

http://www.canada.co...3b-0a0b4221f562

Construction "delayed" for now.

Company releases 3rd quarter results next week. Market is certainly telegraphing bad news.

[Koru]

An update on the cranes, or lack thereof...Both Cranes at the Casino parkade are now down...Tucked away in the Times Colonist there was a little blurb about Great Canadian Casino's Nanaimo expansion plans being put on hold, stated that all Great Canadian Casino expansion plans have been or are being shelved until the markets level out and return to some form of normalcy...

[Holden West]

^Like that great urban planner Kenny Rogers said, you gotta know when to hold 'em, know when to fold 'em. Know when to walk away, and know when to run.

[spanky123]

If you read the quarterly report for the Great Canadian Casinos it states that the first two levels of parking and completion of the entrance at View Royal are the only projects that will be completed for now.

They are going to try to stuff another 300 slots into the existing space in January, but the original casino expansion itself has now ben delayed until at least 2010.

[snub]

Well, I see the parkade is finished. And what a beautifull piece of architecture it is. Almost as nice as the U-Lock mini storage across the street.

[Phil McAvity]

^Good point. Go back a few years and the Colwood strip looked a lot worse.

[VicHockeyFan]

What if the CoV just started with a small, understated casino, say in the Rick's Grill space.  And promised to run it for just 2 years, under a pilot program, see what the reaction is.

 

I can't see how a casino could possibly hurt in downtown Victoria. For God's sake, we had two of them in the city in the 80's.

 

Munis with casinos:

 

Burnaby

Surrey

View Royal

Dawson Creek

Whistler

Cranbrook

Vancouver 

Quesnel

Langley

Nanaimo

Kelowna 

Kamloops

Penticton

Vernon

New Westminster

Prince George

[concorde]

Why does it have to be in the CofV, why not Esquimalt or Saanich?

[G-Man]

What is wrong with it being in Victoria?

[VicHockeyFan]

Why does it have to be in the CofV, why not Esquimalt or Saanich?

 

Because at least 33% of our tourists come in with no vehicle.  I don't think we should have to send them on a bus to it.

[spanky123]

Because at least 33% of our tourists come in with no vehicle.  I don't think we should have to send them on a bus to it.

 

I don't think that tourists come to Victoria to gamble. That was the pipe dream when the View Royal casino was built.

[Mike K.]

I dunno, I think you'd be surprised. It's just another thing to do for a lot of people when they visit a city and clearly many locals like to gamble given the always full parking lot in VR.

 

Casinos can also be a great venue for music acts, stand up comedy, etc.

[jonny]

I hate casinos. I find the whole concept of gambling stupid.

 

That being said, there could be some merits. People seem to love to gamble, especially while on vacation. I would be wary of any heavy subsidization, in addition to negative externalities like the Harrah's New Orleans debacle (massive tax breaks and at the end of the day most of the customers are poor locals, not rich tourists).

[Nparker]

... I would be wary of any heavy subsidization, in addition to negative externalities like the Harrah's New Orleans debacle (massive tax breaks and at the end of the day most of the customers are poor locals, not rich tourists).

And then's there's Las Vegas.

Edited by Nparker, 29 May 2014 - 11:15 AM.

[sdwright.vic]

I don't think that tourists come to Victoria to gamble. That was the pipe dream when the View Royal casino was built.

Tourist don't come to Victoria to gamble true, but touristy will gamble when given the opportunity. Just ask my bank account after I go to Cabo every January.

Edited by sdwright.vic, 29 May 2014 - 12:15 PM.

[VicHockeyFan]

And you know, playing blackjack has wonderfully positive odds compared to any other BCLC activities like 6/49 and Lotto Max.

[spanky123]

And you know, playing blackjack has wonderfully positive odds compared to any other BCLC activities like 6/49 and Lotto Max.

 

True but less favorable odds as Las Vegas where most destination gamblers go.

 

It has never dawned on me to pay money to travel to an exotic local and then spend my time in the local casino. Perhaps others do it.