BCLC antes up less Langley casino cash

Casino revenue for Langley City are down $215,000 this year.

The City’s take is $16,000 higher than budgeted for the third quarter of 2014 but the amounts for the rest of the year are off.

The previous two quarters (January to March and April to June) were down, so the net drop for the year so far is about $215,000.

The City budgeted $5.75 million for 2014, and is on course to make about $5.5 million this year.

“We will be building the 2015 based on that funding source,” City corporate services director Darrin Leite told City council at the Nov. 3 meeting.

The lower revenues through Cascades Casino are part of a downward trend as the province allows more gaming. The City received $6.73 million in 2009, $6.565 million in 2010, $5.94 in 2011, $5.92 in 2012, $5.78 in 2013 and $5.53 in 2014.

Another factor in the reduced revenue, the City discovered, was generous severance for BC Lottery Corp. management. It meant a $170,000 reduction in the first quarter.

The City sought an explanation from BCLC and was told it was due to a restructuring initiative.

Payouts to communities were down by about $25 million earlier this year.

City Councillor Dave Hall wants to get a better sense of what’s going on in gaming.

“Do we anticipate bringing the casino people in,” before the next budget, he asked. “We’re really dependent on their successes or relapses.”

Just Posted

Langley animals feeling effects of smoky skies

Animal shelters are trying to keep their critters healthy through the smoggy days.

Medevac called to South Surrey business

Emergency response to workplace accident Tuesday

Langley City in need of some Terry Fox Run helpers

People can help out on run day or be involved in preparations before then.

Langley rider looks for hometown advantage if she makes World Cup

It won’t be known until Friday if Langley’s L.J. Tidball qualifies for the Longines FEI competition.

VIDEO: Mustang Roundup in Langley attracts car lovers from all over

A car show dedicated entirely to one model of Ford drew admirers and collectors to George Preston Recreation Centre.

Former Trump aide Paul Manafort found guilty of eight charges

A mistrial has been declared for the other 10 charges against him

Canada’s team chasing elusive gold medal at women’s baseball World Cup

Canada, ranked No. 2 behind Japan, opens play Wednesday against No. 10 Hong Kong

Former B.C. detective gets 20 months in jail for kissing teen witnesses

James Fisher, formerly with Vancouver police department, pleaded guilty to three charges in June

Former B.C. premier Christy Clark criticizes feds for buying pipeline

The $4.5 billion purchase of Kinder Morgan’s Trans Mountain pipeline second worst decision, she said

‘Takes more courage to fail’: B.C. ultra-marathon swimmer reflects on cancelled try at record

Susan Simmons halted her swim from Victoria to Port Angeles and back because of hypothermia

$21.5 million medical pot plant to be built in B.C.

The facility is to be built in Princeton

Spokane man enlists 500,000+ box fans to blow wildfire smoke back to B.C.

Spokane man Caleb Moon says he’s had enough with smoky skies from B.C.’s forest fires blanketing his city

Feds agree to look at easing jury secrecy as part of review

At issue is a law that forbids jurors from talking about closed-door deliberations

Most Read