BC, economy

Gambling on a new casino

97
97 Comments

Like gambling and hotel casinos?

Well you’re in luck!

Vancouver has approved a new hotel casino in downtown to relocate edgewater.

If you love to go to Vegas, but wish they had more rain this is your lucky day!

Earlier today, the City of Vancouver Development Permit Board approved the proposal to relocate Edgewater Casino to a new massive casino-hotel complex on a vacant site located on the southern end of BC Place Stadium next to the Cambie Street Bridge.

Nearly a hundred people attended the public hearing at City Hall, with the majority speaking against the new proposal.

Sort by:   newest | oldest | most voted
Snake
Guest
Snake
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Man takes portraits imitating local real estate ads, pastes himself over realtors’ pictures.

http://happyplace.someecards.com/28212/man-takes-portraits-imitating-local-real-estate-ads-pastes-himself-over-realtors-pictures

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
LL
Guest
LL
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

casinos are a great way to get ‘satellite’ families contributing some of their fair share to society.

people should support gaming expansion in the lower mainland.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Son of Ponzi
Guest
Son of Ponzi
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Be prepared.
Macau on the Fraser is coming.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Son of Ponzi
Guest
Son of Ponzi
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Almost a 1,000 drop in Total Imventory yesterday.
Is this correct?

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Son of Ponzi
Guest
Son of Ponzi
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Depreciation reports are due now.
Banks and CMHC will require them for financing.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Snake
Guest
Snake
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

The Most Important Economic Stories of 2013—in 44 Graphs

http://www.theatlantic.com/business/archive/2013/12/the-most-important-economic-stories-of-2013-in-44-graphs/282193/

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Snake
Guest
Snake
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

World Will Be 40 Percent Richer By 2018

http://www.thedailybeast.com/articles/2013/12/16/world-will-be-40-percent-richer-by-2018.html

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Snake
Guest
Snake
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Toronto housing prices to double over next 25 years, study predicts

http://business.financialpost.com/2013/12/12/toronto-housing-prices-to-double-over-next-25-years-study-predicts/

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
patriotz
Member
patriotz
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

@2: “casinos are a great way to get ‘satellite’ families contributing some of their fair share to society.”

This is just another variation on a familiar theme of casino proponents – that casinos get the bulk of their revenues from “someone else”, not ordinary residents. Time and again it’s turned out to be untrue – that most of the money comes from locals at a high cost to family stability and local business.

The way to get ‘satellite’ families to contribute their fair share is to adopt some common sense legislation and enforcement for income and property taxes.

Twenty years ago the current NDP government proposed a downtown casino and was successfully opposed by a coalition of left and conservative groups. It would appear that the province and city have now hit bottom.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
hashtag
Guest
hashtag
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Fortunes Acquired Elsewhere Often Get Lost in Real Estate Market Crashes
http://www.investing.com/analysis/is-u.s.-housing-set-for-another-crash-196105

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
hashtag
Guest
hashtag
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Chinese Rock
http://www.youtube.com/watch?v=2xiWjpjRl1Q
Johnny Thunders & the Heartbreakers

i’m livin’ on a Chinese Rock
everything I have is in the pawn shop

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
LL
Guest
LL
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

>This is just another variation on a familiar theme of casino proponents – that casinos get the bulk of their revenues from “someone else”, not ordinary residents

go to a casino and LOOK at who’s there. case closed.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Aleksey
Guest
Aleksey
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

I guess most of the visitors of this board read the article on CBC from yesterday.
http://www.cbc.ca/news/business/average-home-price-rises-almost-10-to-391-085-1.2465695
One thing I noticed that they closed commenting and deleted all existing comments after couple of hours. The comments were not offensive or rude. They were usual bubble talks that we can see under any article on housing in Canada. What do you think was the reason to remove all comments? I’m kind of puzzled.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
ILoveCharts
Guest
ILoveCharts
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
@Son of Ponzi Says: “Depreciation reports are due now. Banks and CMHC will require them for financing.” It will be interesting to see what the impact is. It should place some downward pressure on prices as people start to realize what the long term costs will be. On the other hand, artificially rosy reports may give people false confidence and may actually increase prices. Two important things to note: 1) Many strata corporations are voting to note get a depreciation report. I almost bought a unit in the fall and that building had voted to not get a report. I am now living in a rental and this building has also voted to not get a report. 2) I doubt the bank will require the reports. Even if they do, I doubt that it will lead to any rejections of… Read more »
You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Ryan
Guest
Ryan
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Gross. what a horrible design.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Vous
Guest
Vous
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

there is a lot of opposition liberalization of puritan gambling laws, but a lot of support for liberalization of puritan drinking laws.

ultimately it comes down to this: drinking is the favorite vice of the yellow man, and drinking is the favorite vice of the white man.

people think their own vices are harmless, and the vices of others are harmful.

New liquor rules will allow happy hours and families in pubs

VANCOUVER (NEWS1130) – Premier Christy Clark says minors will soon be allowed in pubs and legions during certain hours.

She says happy hour specials will also be allowed.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Softy
Guest
Softy
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

High taxes on vice activiies or government revenue sharing is a great way to raise money for public purposes.

No one is forced to drink or gamble.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Softy
Guest
Softy
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

Here is a classic stupid Vancouverite response to an opponent from the comment section of the article:

Get a life loser.. If you don’t like it move to Missions, you live in a world class city, expect development!</blockquote?

Hillarious!

This low level of IQ that is obviously prevalent in Vancouver, will keep real estate price at stupid levels for a stupidly long time.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
gordholio
Member
gordholio
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
Aleksey: The CBC deleted the comments because it upset their real estate-pushing overlords. I know a bit about media having worked in it for quite some time now, and there’s no question this sort of thing goes on. On another note, I really wanna take issue with a comment made by Reality Check yesterday: “Having said that, if there is a technical correction of 20%, buyers will come roaring back. Its in our nature in the Vancouver area to buy. Everyone here would buy at the right price.” Obviously everyone would buy at the “right price.” But is a 20% drop the right price? Well…that would mean that piece of sh*t view teardown in White Rock would *still* be a million freaking dollars. That mouldy 40-year-old dump in some craphole neighbourhood in Langley would now be, say, $500,000. That hideous… Read more »
You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Teddybear
Member
Teddybear
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.
Gambling… Buying a condo in Vancouver is a gamble. There is one very nice, 1 bdr condo in the WE, both Mrs. and I like it, can afford it, its a clean building, rental and pet friendly, great location, insuite laundry, with u/g parkade, just perfect for DINKs. It all looks good, so what is the problem? Well, I don’t know who is the builder. We asked the agent. Oh, I don’t know, he says. What is “partial rainscreen? Is it going to be fully rainscreened?” It won’t. Huh! WTF? The building was built in late 80s, so is it going to turn to rot in 10 years??? When we bought our pied-a-terre in Europe we never thought about these problems. But here in Vancouver – it is turning into a nightmare. The Mrs. said last night – this is… Read more »
You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
taylor192
Member
taylor192
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

@#14

My strata voted not to get a depreciation report. It is really only of value for buyers and sellers to get an idea of finances. Since we have no units for sale, and haven’t for years, we opted out.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
ILoveCharts
Guest
ILoveCharts
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

@21 taylor192 says:
“It is really only of value for buyers and sellers to get an idea of finances.”

It’s also of value for owners to get an idea of finances so that you can have consistently monthly fees to cover expenses instead of surprise special-assessments.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Son of Ponzi
Guest
Son of Ponzi
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

#14
Bill Good had a couple of experts on strata law a on this morning.
They were saying that it would be difficult to get financing without the depreciation report.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
ILoveCharts
Guest
ILoveCharts
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

@23: Very interesting. That would be the prudent/logical thing for banks to do but I’m not holding my breath.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago
Son of Ponzi
Guest
Son of Ponzi
Click to flag and open «Comment Reporting» form. You can choose reporting category and send message to website administrator. Admins may or may not choose to remove the comment or block the author. And please don't worry, your report will be anonymous.

#17
People working with addicts say that gambling is the hardest addiction to break.

You Must Be Logged In To Vote00You Must Be Logged In To Vote
4 years 5 months ago