Editorial: Terrace casino a gamble

Development of the old Co-op property into a hotel/casino is more complicated than you'd expect.

It’s been more than 10 years since the City of Terrace gambled $1 million of its citizens money in purchasing the former Terrace Co-op shopping centre complex on Greig Ave.

The city’s bet then was that it could have some kind of influence in developing the property.

Hopes were briefly raised in 2013 when it struck a sales deal with Calgary-based Superior Lodging for a hotel and associated amenities.

But that’s been frustratingly unrealized because the city so far has been unable to receive a clean environmental bill of health from the provincial government which is needed to close the deal.

That just might happen now by the end of the year.

Enter Pomeroy Lodging of Grande Prairie, Alberta which purchased the Chances gaming centre here in 2014 with the goal of combining it with its own hotel as well as a conference centre at a new location.

Pomeroy has now chosen its preferred location, the Co-op property meaning it, Superior and the city are now embarked on a cards-close-to-the-chest negotiation to determine who might do what at the property.

There’s a further twist in that Pomeroy’s plan can only be realized if it receives approval from the city to increase the number of slot machines now at Chances here.

Complicated? You bet. In the gaming world, the house always wins. In this scenario, however, it’s difficult to say whose house that is.

Just Posted

Police encourage reporting of suspicious events following reports involving children

Terrace RCMP are asking the public to report any suspicious adult interactions… Continue reading

Soup kitchen sees “groundswell of community support”

Donations toward looming tax bill push non-profit back in the black

College buys a yurt to boost student success

Round tent-like structure part of college instructional shift

Terrace husband and wife honoured for saving each other’s lives

BC Ambulance presented each a Vital Link Award for separate incidents of CPR

Council supports lobby for fair share of cannabis tax revenue

The City of Terrace is throwing its support behind a West Kelowna… Continue reading

REPLAY: B.C. this week in video

In case you missed it, here’s a look at replay-worthy highlights from across the province this week

Police fear fewer fentanyl imports don’t signal the end of the overdose crisis

RCMP say it’s just as likely that criminal are getting more clever

UPDATE: Two people die in ATV accident south of Campbell River

Third person survived attempt to cross a creek

Coal dust escaping rail cars spurs B.C. petition

Local governments are on board with Shuswap resident’s request for better control of escaping particulate

Lawyers slam ‘de facto expulsion’ of student guilty of sexual interference

Calgary student guilty of sexual assault of a minor allowed to finish semester

B.C. NDP set to restructure union bargaining

School trustees to regain control over employer group

A new development surrounding plane that went missing around Revelstoke in November

The family of Ashley Bourgeault believe they have found a new clue

$130K could get you on a dive to the Titanic

Hot summer ticket: $130K could get you on a dive to the Titanic off Newfoundland

UK’s Princess Eugenie, daughter of Prince Andrew, engaged

Princess Eugenie, the daughter of Prince Andrew and his ex-wife Sarah Ferguson, will marry Jack Brooksbank in Autumn 2018

Most Read