City receives 10 per cent of casino net profits
Terrace city council members have accepted a proposal by the provincial crown corporation which runs the legal gambling business in B.C. to lift the cap on the number of gambling machines at the Terrace Chances Casino.
“Player utilization performs way above provincial average and has been for quite some time,” lottery corporation official Jerry Williamson told council members. Pucci told council members the 10 per cent of net profits now going to the city has been traditionally spent on its paving program. That means the minutes of the committee of the whole will be on the agenda of the Nov. 14 council meeting for approval.
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