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 built in Vancouver. It appears the project could now take 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 Uk Columbia government research of Graydon has currently concluded that the executive had been in conflict of interest when he negotiated employment with Paragon in December 2013, while still mind associated with BCLC.

The aim of the Paragon task is always to relocate and expand the edgewater that is existing, which Paragon purchased in 2006, to create a new resort having a 72,000- square-foot gambling flooring and two boutique hotels with 550 visitor rooms between them, also as space for restaurants and retail.

The development, that is scheduled to start in 2016, is anticipated 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.

Con Continue reading “Paragon Gaming Investigation Could Jeopardize Vancouver Edgewater Casino”

All over the EU, a License to Deal. Bustling EU: New licenses awarded in the united kingdom

 All over the EU, a License to Deal. Bustling EU: New licenses awarded in the united kingdom and new possibilities in Spain were among many modifications to the gambling that is online in the European Union of late.

The EU, AKA the European Union, is having something of a licensing and regulatory frenzy of late.

The European gambling industry was busy with a flurry of announcements regarding licenses, revenues and new legislation, many making headlines across the continent. From the UK to Romania, modifications are in shop for players and operators alike all around the EU landscape.

The most important recent changes for the online gambling industry worldwide has been the utilization of the UK Gambling (Licensing and Advertising) Act, which has established a licensing requirement of those who want to operate in the United Kingdom and will add a 15 percent point of consumption tax starting in December.

Over the couple that is last of, many of this sites that have received their UK licenses have begun to advertise that reality in their poker rooms and gambling enterprises. Businesses ranging from 888poker to partypoker, William Hill and Bet365 have all started displaying the logo of great britain Gambling Commission. PokerStars was additionally expected to introduce a new site simply for UK players today, having verified they received a license a week ago.

For the moment, most gambling internet sites will operate in britain under a continuation license. These licenses are Continue reading “All over the EU, a License to Deal. Bustling EU: New licenses awarded in the united kingdom”