Revenue from the Cascades Casino Delta is going towards helping the City of Delta’s bottom line as the city prepares its next budget.
According to Delta’s finance department, while the fourth quarter of 2023 still must finish, an anticipated $1.8 million in revenue for this year will come to Delta from the casino.
Gateway Casinos & Entertainment Ltd. celebrated the grand opening of the casino, located next to the interchange of highways 99 and 17A, in September 2022.
Casinos in B.C. contribute 10 per cent of net profits to host local governments.
Prior to construction, the BC Lottery Corporation (BCLC) estimated annual revenue coming to Delta from the casino would be at the top end of its initial $1.5 million to $3 million projection.
The casino features 160,000 square feet of entertainment space with a gaming floor as well as Gateway’s signature restaurants – The Buffet, Summit Bar and MATCH Eatery & Public House, which will feature a multi-season patio and the Bud Room.
The gaming features 500 slots, 18 table games and stadium-style gaming.
Celebrating the first anniversary this September, the company noted, “The casino property has had a significant influence in the community, succeeding as a premier destination for gaming, dining and entertainment.”
The company noted Cascades since opening had welcomed over 627,688 guests to the property, held 122 meetings and events in the conference space and had more than 142,000 customers served in the buffet.
In December 2022, the adjoining new hotel, operated by Delta Hotels by Marriott, opened for business.
Delta council, meantime, recently approved an amendment to the city’s business licence bylaw when it comes to the Cascades Casino Delta.
The new fee that will be implemented is $7,000, which the planning department says is within range of, but lower than the fee for gaming activities in the City of Langley, which is home to a casino of similar scope to the Delta casino and pays an annual business licence of $8,568.
