News

Another $1.8m in casino cash

The Boulevard Casino in Coquitlam. - trI-CITY NEWS
The Boulevard Casino in Coquitlam.
— image credit: trI-CITY NEWS

Coquitlam city hall was flush with cash last week after getting its latest payout from the Boulevard Casino.

The city received $1.8 million from the provincial government for the Oct. 1 to Dec. 31 quarter, bringing last year’s jackpot to more than $8.2 million as part of the municipality’s 10% cut of net profits as home city to the United Boulevard gambling venue.

To date, Coquitlam has received about $72 million since the casino opened in October 2001 — 12.5% of which goes into a community capital fund for local non-profit groups and the balance into a municipal capital fund to pay for major projects such as roads and sports facilities.

Last September, the city doled out nearly $275,000 in Spirit of Coquitlam grants to 12 cultural, sports and service groups, including $25,000 to the Festival Planners’ Network, $10,872 to the Coquitlam Heritage Society and $7,600 to the Terry Fox Foundation to organize the first ever Fox Run in Coquitlam, held last September.

jwarren@tricitynews.com

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Slopes for Hope at Hemlock Valley Resort
 
Target to close all stores in Canada, including 19 in B.C.
 
Smoky beaters keep belching in post-AirCare era
Medical pot only OK for sick kids failed by other drugs: MDs
 
Dad can save only one daughter by transplant
 
Softball Canada in Cloverdale
Witness to serious December crash in Surrey sought
 
UPDATE: Missing Surrey man located
 
Topper Drive homeowners seek compensation in court

Community Events, January 2015

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Jan 23 edition online now. Browse the archives.