Casino New Brunswick - Update
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July 18, 2008
MONCTON, NB - In a new conference this week, the Finance Minister and chairman
of the New Brunswick Lotteries and Gaming Corporation, Victor Boudreau, said
Casino New Brunswick is expected to draw $50 million in annual revenues. Of that
amount twenty-five million will go to the province, $23.5 million to Sonco
Gaming New Brunswick Ltd. and the rest into a capital reserve fund. The City of
Moncton should receive approximately $1.5 million per year in municipal taxes.
"This will be a jewel for this region and for the province," Boudreau told
reporters. Construction will start organizing in August and the casino will open
in the spring of 2010.
The casino will be located on Highway 2 (the Trans-Canada Highway) just south of
Mountain Road in the Magnetic Hill area. Its entrance will be between the Petro-Canada
gas station and Amsterdam Inn.
The artist renderings show a maritime-themed casino complex with two lighthouses
as part of the exterior design. There are three buildings with photos of the
province's 69 lighthouses inside the corridors connecting the buildings.
600 slot machines
20 table games - roulette, blackjack, mini baccarat, wheel of fortune, craps.
8 poker tables
Hotel - 128 rooms
Palladium - 1,500-seats
Parking - 2,000 spaces
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