A “successful” reopening of Burnaby’s casino is once again putting money back into city coffers, says a new report.
A lot of money.
The Grand Villa casino closed in March 2020 due to the COVID-19 pandemic, but reopened on July 1 of this year. Burnaby receives 10% of net revenues from the casino, but with it closed, the city hadn’t received a payment since April 2020, says a city staff report presented to council on Monday.
On Oct. 20, the province informed Burnaby that it would be receiving $3,273,221 in gaming revenue for the period of July 1 to Sept. 30, said the report.
