An artist’s rendering of the proposed Edgewater Casino resort to be built in Vancouver. It seems the project could now be in jeopardy.
Las developers that are vegas-based Gaming, whose ability to ‚meet the conditions of its enrollment‘ has been called into concern, could put the future of the $535-million Edgewater casino project in downtown Vancouver into doubt.
At the middle of the probe by the Gaming Policy and Enforcement Branch is, it seems, Paragon’s relationship with Michael Graydon, the former boss of the British Columbia Lotteries Corporation (BCLC), now head of PV Hospitality, an affiliate of Paragon.
A separate Columbia that is british government of Graydon has already figured the executive have bally quick hits slot machine been in conflict of interest when he negotiated work with Paragon in December 2013, while nevertheless mind for the BCLC.
The aim associated with the Paragon project is to relocate and expand the existing Edgewater Casino, which Paragon purchased in 2006, to produce a new resort by having a 72,000- square-foot gambling floor and two boutique hotels with 550 guest rooms between them, also as space for restaurants and retail.
The development, which can be planned to open in 2016, is expected to create 2,000 jobs and generate $180 million each year for the economy that is local. The project is being built on a piece of land owned by the BC Pavilion Corporation, opposite the BC Place Stadium.