Tuesday, January 24, 2006

Casino Revenues for Langley City Better Than Expected

The Vancouver Sun reports that the Langley Cascades Casino is making more money for Langley City than expected at the expense of other casinos that are not doing that well. The Cloverdale Racetrack casino for one is apparently one of those that are under performing. The City expected to earn $3.5 million as its share of the casino take. It looks like it well be much more. The City now expects to pay down the debt completely on the property where the casino stands earlier than expected in the first year. UPDATE: Also see today's Langley Advance for more details.

Since the Casino is doing so well for the City, perhaps now the City will finally pay its fair share of the policing cost in the Langleys and help the Township out with Grandstand costs!

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