CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!

Gaming News

 

B.C. Gaming Industry Cuts Jobs

16 September 2001

VICTORIA, Canada – Sept. 16, 2001 –As reported by the Canadian Press: " About 80 people will lose their jobs as the B.C. government moves to streamline management in British Columbia's $2 billion gaming industry, Solicitor General Rich Coleman said Friday.

"Two agencies, as opposed to the previous five, will now oversee gaming management in B.C., he said. The move will save up to $10 million annually, but up to 80 people will lose their jobs, Coleman said. The announcement came a day after Finance Minister Gary Collins said the province will reduce some services as it grapples with a slowing economy and a deficit nearing $2 billion.

"…The two agencies are the gaming policy and enforcement division and the B.C. Lottery Corp.

"The gaming policy and enforcement division will be responsible for regulation, policy, standards, licensing and enforcement for all gaming sectors.

"The B.C. Lottery Corp., will manage lotteries, casinos, bingo halls and horse racing.

"…Coleman said the Liberal government will introduce comprehensive gaming legislation next year.

"Don Currie, spokesman for the Registered Gaming Management Companies of B.C., said the restructuring will bring more stability to the gaming industry.

"…Gaming generates about $2 billion annually in revenue in B.C., with the province receiving about $585 million in net revenue…"

< Gaming News