News

$1.7M from Coquitlam casino

The slots and gaming tables at Great Canadian Gaming Corporation’s Boulevard Casino in Coquitlam generated $1.7 million in funding for the city in the final quarter of 2011.  - TRI-CITY NEWS FILE PHOTO
The slots and gaming tables at Great Canadian Gaming Corporation’s Boulevard Casino in Coquitlam generated $1.7 million in funding for the city in the final quarter of 2011.
— image credit: TRI-CITY NEWS FILE PHOTO

Coquitlam coffers are flush with cash after the city received its latest payment as host to the Boulevard Casino.

The city received $1.7 million from the provincial government for the Oct. 1 to Dec. 31, 2011 quarter, bringing last year’s jackpot to about $7 million as part of the municipality’s 10% cut of net profits from the United Boulevard gambling venue.

To date, Coquitlam has received more than $79 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.

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 ...

TIMELINE: An interactive history of terrorist attacks and plots in Canada
 
B.C. Muslim Association speaks out on gunman
 
UPDATE: Suspect apprehended after Ioco refinery break-in
THE CROSSES, ROW ON ROW
 
Poll finds Lower Mainland voters ready to shake up city halls
 
Empty warehouse in Chilliwack prompts request for donations
The art and science of barbecue
 
NEB rules in favour of Kinder Morgan
 
Surrey sex assault suspect sought

Community Events, October 2014

Add an Event

Read the latest eEdition

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

Oct 24 edition online now. Browse the archives.