The largest casino operator and World Series of Poker (WSOP) brand owner Caesars Entertainment Corp has expressed interest in building a casino in Toronto. A few years ago, one of the five best operators in the gambling industry in the world, was arguing for the implementation of the largest casino project in Canada. However, none of these corporations has so far managed to implement the ideas for the construction of a casino in Toronto.
Nevertheless, Canada is known for its popular online casinos. No wonder, as they bring huge revenues. For example, CasinoChan casino is a legit service with thousands of games, overflowing advancements, fast payment methods, and reliable client assistance. Such popularity can positively impact the interest of players in new land-based establishments. They enjoy online gaming, but the question of building a new casino establishment is burning.
At the end of August, officials finally approved the project of the most ambitious Canadian casino. After several years of unsuccessful attempts to develop a concept for a gambling establishment, the construction plan was approved. The only question remains which of the applicants will embody the planned plan in reality. The result of the competition and the issuance of the construction grant will be announced next summer.
Meanwhile, the list of applicants is gradually expanding:
- Casino operator Caesars Entertainment Corp, which also owns the WSOP World Series of Poker brand, has announced plans to build a gambling house despite problems with subsidiaries.
- Last year, one of the institutions owned by the corporation was declared bankrupt and left 18 billion USD of debt on the operator’s account. Caesars Entertainment Corp.’s mobile app business was sold for USD 4 billion.
- Caesars Entertainment Corp. is the operator of the largest casino network in the United States. The corporation’s gambling establishments operate in Las Vegas and Atlantic City. Caesars Entertainment Corp. today ranks third.
Paragon Gaming Started Construction of Parq Vancouver Casino
The American-Canadian operator of land-based gambling, Paragon Gaming, has begun construction of a large gambling complex Parq Vancouver. The total cost of the facility is estimated at $ 600 million. The complex will include a luxury casino and a fashionable hotel. Previously, the operator intended to build a 60,000-seat BC Place Stadium, but the project faced strong opposition from local activists and was never implemented.
“Vancouver is one of the most attractive cities in the world for tourists. This remarkable property not only promotes tourism but also provides a great chance for local residents to access the most modern and high-quality entertainment.” Menke said at a press conference on construction.
If it was originally planned to place 1,100 slot machines and 200 tables for classic games in the casino. Now the institution will have only 600 slots and 75 tables, they will be located on an area of 6,700 sq. m. But even after these cuts, Parq Vancouver casino will still retain the title of the largest gambling facility in the western part of Canada.