Kamloops Casino Entertainment

Even before the pandemic forced their closure, British Columbia’s largest casinos were facing declining revenues in 2019, according to data collected in BIV’s Biggest Casinos and Bingo Halls in B.C. list (page 20).

Gaming at Cascades Casino Kamloops The casino floor here is about three times larger than the former facility and offers 50 of the latest and greatest slot games along with all of your old favorites. You can even play IGT Game Kings machines with Keno, video poker and more on the same machine. That growth was a welcome sign for the casino, which had suffered an 18.3% revenue decline in 2018 from $160.8 million in 2017. 17 Cascades Casino Kamloops posted the highest one-year growth. Gateway Casinos and Entertainment is a Canadian gaming and entertainment operator. It operates 23 casinos in British Columbia, Alberta, and Ontario.The corporate offices of Gateway Casinos and Entertainment are located in Burnaby, British Columbia. Cascades Casino is your Kamloops entertainment destination. Enjoy exciting slots and table games, as well as amazing dining options. You’ll find an array of cuisine, featuring Match Eatery & Public House, The Buffet and much more. Come and enjoy live entertainment every weekend Play, Dine, Enjoy! The BC Lottery Corporation is closing all casinos and bingo halls in the province as a response to the COVID-19 pandemic. This includes the Cascades and Chances casinos in Kamloops.

B.C. casinos have been following a broader industry trend, with slot machine sales gaining a bigger percentage of total revenue at the expense of table game revenue.

Since 2015, slot machine revenue has grown from 65.4% of average B.C. casino revenue to 72.8% in 2019. This has been due in part to losses in average table game revenue, which sank 17.7% to $22 million in 2019 from $26.7 million in 2015.

Average revenue at the top casinos and bingo halls peaked in 2017 at $87 million. Slot machines made up 68.9% of revenue for casinos in 2017. In 2019, average slot machine revenue fell to $60 million from $61.3 million in 2018, the first decrease in at least five years. This contributed to the largest decline in average casino revenue over the past five years, a 3.7% drop to $82.5 million in 2019 from $85.7 million in 2018.

Cascades Casino Kamloops Entertainment

Kamloops Casino EntertainmentKamloops Casino Entertainment

No. 4 Hard Rock Casino Vancouver was the only casino in the top five to record growth in 2019. Its revenue increased 8.1% to $142.1 million in 2019 from $131.5 million in 2018. That growth was a welcome sign for the casino, which had suffered an 18.3% revenue decline in 2018 from $160.8 million in 2017.

Kamloops Casino Entertainment Casino

No. 17 Cascades Casino Kamloops posted the highest one-year growth. Its revenue increased 29.7% to $31.4 million in 2019 from $24.2 million in 2018. The growth was fuelled by a 32.4% increase in slot machine revenue.

Chances Casino Kamloops Entertainment

No. 1 River Rock Casino Resort had the steepest one-year revenue decline: 11.3%, down $36.5 million, to $287.2 million in 2019 from $323.7 million in 2018. •