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The idea for a destination resort known as the largest private development ever in British Columbia was devised in 2006 when developer Paragon Gaming purchased the struggling edgewater casino located in downtown Vancouver. The Las Vegas-based gambling company paid C$43 million every six months to save property that was losing about C$9 million. The facility could not avoid closure given its poor financial performance, but the new owner’s ambition to operate in Vancouver has not died.

It took several years for Paragon to first announce plans to develop land in the heart of the city and transfer existing licenses for Edgewater Casino to new developments. The announcement was eventually made around the 2010 Winter Olympics in Vancouver.

As you can see, it took seven years for the project to materialize, and it was welcomed and opposed by many, and in fact, Vancouver City Council rejected the original plan for a downtown casino in Paragon, and developers had to scale back the gambling portion of the plan before submitting a revised proposal, which was one of the reasons behind Park Vancouver’s delay.

Developments such as resorts in paragon are usually considered beneficial to the tourism industry in the host region, but the casino part of such plans often faces controversy and the situation was no different from park vancouver.바카라사이트

How will Vancouver benefit from this project? What risks do they pose to the community? And what does the Park Vancouver plan actually include? We will try to answer these questions in a way that is as comprehensive as possible.

Park Vancouver Details
As mentioned above, the first idea of a multipurpose gambling house was first introduced to the British Columbia gambling regulator in 2010, as well as city officials and residents. Paragon co-founder Scott Menke was the mastermind behind the multi-million dollar scheme. His proposals included the relocation of Edgewater Casino and the expansion of existing operations.