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Vancouver Officials Recommend Slots

VANCOUVER, British Columbia – As reported by the Vancouver Sun: "Vancouver city staff are recommending their elected bosses take a gamble and approve slot machines for a proposed casino in False Creek and at Hastings Racecourse, in a move that could dump an additional $18.5 million into city coffers each year.

"City councillors will decide Dec. 2 whether to put the slot machine proposals to public hearings.

"The casino proposed for the Plaza of Nations in False Creek would be a combination of two casinos already in business, the Royal Diamond and the Grand. The province has approved 600 slot machines and 60 gaming tables for the False Creek casino.

"…However, that revenue stream is expected to diminish considerably once casinos with slot machines are completed and opened in Richmond and Langley in 2004.

"City staff are recommending councillors approve lottery corporation applications at both locations, thereby reversing a council decision of October, 1997 that allowed casinos in the city, but not slot machines…"

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