Paragon Gaming Investigation Could Jeopardize Vancouver Edgewater Casino

Paragon Gaming Investigation Could Jeopardize Vancouver Edgewater Casino

An artist’s rendering of the proposed Edgewater Casino resort to be integrated Vancouver. It appears the task could now take jeopardy.

Las Vegas-based developers Paragon Gaming, whose ability to ‘meet the conditions of its registration’ has been called into concern, could put the future of the $535-million Edgewater casino project in downtown Vancouver into doubt.

The former boss of the British Columbia Lotteries Corporation (BCLC), now head of PV Hospitality, an affiliate of Paragon at the center of the probe by the Gaming Policy and Enforcement Branch is, it seems, Paragon’s relationship with Michael Graydon.

A separate Columbia that is british government of Graydon has already concluded that the executive was indeed in conflict of https://slotsforfun-ca.com/quick-hits-slot-review/ interest when he negotiated work with Paragon in December 2013, while still mind regarding the BCLC.

The aim associated with the Paragon project would be to relocate and expand the existing Edgewater Casino, which Paragon purchased in 2006, to produce a new resort with a 72,000- square-foot gambling floor and two boutique hotels with 550 guest rooms between them, too as space for restaurants and retail.

The development, that is planned to open in 2016, is anticipated to create 2,000 jobs and generate $180 million each year for the economy that is local. The task is being built on a piece of land owned by the BC Pavilion Corporation, opposite the BC Place Stadium.

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