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1. The Parq Vancouver Resort & Casino Floor. The Parq Vancouver is a pretty new establishment, having only opened in September of 2017. I have to admit that this was one of the reasons that I wanted to visit, just to see how a brand new establishment will do when compared to some of the older casinos that I have been lucky enough to visit in Canada.
2. Parq Vancouver came about after a $640 million renovation of the former Edgewater Casino. It opened in 2017, and largely has been a financial nightmare since. The resort lost $114 million last year.

Making a deal: dealers at Vancouver's Parq Casino slipped poker chips to players. Money laundering at River Rock There was also one case of money laundering involving a casino employee noted at. Parq Vancouver Vancouver, B.C. Discover Vancouver’s premiere entertainment destination with 8 award winning restaurants and lounges, 2 luxury hotels, a day spa, rooftop park, the largest hotel ballroom in the city and a world class casino.

The longtime owner of casino destinations in downtown Vancouver has sold its flagship Parq Vancouver casino property to an Ottawa-based real estate and investment firm.

Las Vegas-based Paragon Gaming announced this morning it has finalized a deal to sell its ownership stake of Parq Vancouver to PBC Group for an undisclosed amount. PBC Group already owned a minority stake in the project, as it was involved in the casino development’s joint venture partnership and provided the project with development services.

“PBC believes that Parq Vancouver is positioned to become a central feature of the downtown entertainment district and will serve as further proof that Vancouver has become a global destination city,” said PBC Group president Paul Bouzanis in a statement, highlighting the casino’s future potential from the long-term plans for Northeast False Creek’s transformation.

Parq Vancouver opened to great fanfare in September 2017, replacing the nearby Edgewater Casino, which opened in 2005 at the Plaza of Nation’s Enterprise Hall. Paragon Gaming acquired Edgewater Casino the following year, and began developing plans for a new replacement purpose-built casino resort destination in the early-2010s.

Lotus Lounge in Parq Vancouver casino. (Kellie Paxian / Daily Hive)

The $700-million, 775,000-sq-ft complex is located on the west side of BC Place Stadium and includes two luxury Marriott-operated hotels – the JW Marriott and the Douglas, an Autograph Collection – with a combined 517 rooms. A 72,000-sq-ft casino space within the second and third levels features 600 slot machines and 75 table games.

Convention space within the complex consist of 13 ballrooms, boardrooms, and meeting rooms, including the 15,600-sq-ft Parq Grand Ballroom, which Vancouver’s largest hotel ballroom.

Public documents show Parq Vancouver saw initial financial success in the last quarter of 2017, when it opened, with a profit of $28 million.

Spa by JW, Parq Vancouver. (Kellie Paxian / Daily Hive)

But amidst growing public scrutiny and regulatory restrictions by the provincial government throughout 2018 to curb money laundering and crime activity at BC casinos, Parq Vancouver reported losses of more than $108 million during the first three quarters of last year, including an operating loss of about $18 million.

In November 2018, Parq Vancouver found itself at the centre of a social media firestorm, resulting in significant negative publicity, after Drake called out casino staff on his Instagram account for racial profiling him and not allowing him to gamble.

However, this was due to a new provincial government policy on BC casinos that required any player wanting to buy in for $10,000 or more in one or more transactions to provide a source of funds receipt.

Without knowledge of the new law, anyone entering a BC casino expecting to play big without proper documentation would be faced with disappointment. And regardless of the fame of a guest, skirting the law could mean a loss of gambling license for a casino.

“The milestones achieved in British Columbia – at Edgewater, Parq Vancouver and the overall community – are a testament to the incredible work of our team members,” said Paragon Gaming co-founder and chairman of the board Diana Bennett.

“We are proud of our affiliation with Parq Vancouver and we wish their employees the best moving forward.”

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Paragon Gaming’s other casino properties include Hard Rock Hotel & Casino Lake Tahoe, Westgate Las Vegas Resort & Casino, and Hooters Casino Hotel Las Vegas.

See also

Where to Play Poker In Vancouver?

The best places to play live poker games in Vancouver is at the poker rooms in the local casinos, I recommend the River Rock Casino for its large tournaments and soft cash games.

Vancouver Casino Poker Rooms

Parq Casino Poker Room - Daily poker cash games and poker tournaments, Located in Coquitlam BC. Offers Texas hold em limit and no limit as well as Omaha on 12 poker tables. Find out more at Parq Casino Poker Cash Games & Tournaments

Parq Vancouver

39 Smithe Street

Vancouver Brittish Columbia

1-604-683-7277

Hard Rock Casino Vancouver Poker Room - Here in what used to be the Boulevard Casino there are 5 Ultimate Texas Holdem tables, Four Card Poker, Fast Action Holdem Poker and 2 Fortune Pai Gow poker Tables. All of these are casino poker not your classic Texas Holdem or Omaha. Table games run 24 / 7. Find out more at Hard Rock Casino Poker

Hard Rock Casino Vancouver

2080 United Boulivard

Coquitlam Brittish Columbia

1-604-523-6888

River Rock Casino Poker Room - Home of the BC Poker Championships. The 18 poker table room is Canada's largest and offers a variety of live cash games for limit, no limit, Omaha, Omaha 8 or better, and Seven Card Stud. Located at Find out more at: River Rock Casino Poker

River Rock Casino Resort

8811 River Road

Richmond Brittish Columbia

1-604-273-1895

Victoria Poker Rooms

Where to Play Poker in Victoria?

Elements Poker Room - Used to be the Roayl Casino in Victoria. Features Seven Card Stud but no Texas Hold em. Find out more at Elements Casino

Parq Vancouver Casino Poker No Deposit

Elements Casino Victoria

1708 Old Island Highway

Parq Vancouver Casino Poker Tournaments

Victoria Brittish Columbia

1-250-391-0311

Vancouver Poker Rooms vs Online Poker Sites

Well we have all heard that there is nothing like playing at your local Vancouver poker room or even Las Vegas, but what would be some of the advantages of playing poker online? There are a few advantages compared to playing at Vancouver poker rooms, the main ones are: You can play multiple tables at once and the number of hands per hour is increased by a factor of 4 to 12; The house rake is much lower sometimes as little as half online.

Parq Vancouver Casino Poker Games

You don't have to travel anywhere - you can play anytime you want; You can change games in an instant; Play at smaller or larger stakes than are available at your local casino; tournaments run far faster and you can play in multiple tournaments at the same time for larger cash prizes. Well that's just a few of them not to mention that you can play at home in your underwear! Below are listed the top poker sites to play poker at home in Vancouver.

Best Online Poker Sites for Vancouver BC

Parq Casino Vancouver Poker Room