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Navegante Group of Las Vegas and its Canadian partner, Trillium
Gaming received approval-in-principle for the development of one
of four new gaming destination casinos in the Canadian province
of British Columbia, according to Employment and Investment Minister
Mike Farnworth. The $8 million (CDN) "Campbell River Casino,"
is being developed in conjunction with the Campbell River Indian
Band as a part of a $29 million (CDN) resort complex. It will
be located in the Discovery Harbour Marina District in downtown
Campbell River. The town of Campbell River is located on Vancouver
Island approximately 100 miles from the city of Vancouver.Accessible
by ferry and air service, it is the fourth most visited tourist
attraction in British Columbia, behind only Vancouver, Victoria
and Whistler.
The
Campbell River Casino is one of four new casino developments in
British Columbia approved by the government. "The proposed
casinos mean more than 1,410 new, full-time jobs and 684 person-years
of construction employment for the people of Campbell River, New
Westminster and the Penticton area," said Farnworth. These
four proposals bring the total of new destination casinos approved-in-principle
to seven. Navegante has been awarded two of these seven proposals.
In mid-May Navegante received approval-in-principle for the development
of Casino of the Rockies located in the southeast part of the
province.
"It
is an honor to be the only company granted a license to operate
two destination casinos in British Columbia," said Larry
Woolf, CEO of Navegante. "We are proud of our proven ability
to develop local residents into professional casino/resort operators,
thus ensuring long-term economic benefit to the community."

The
Navegante Group and Trillium Gaming, its Canadian gaming partner,
were contracted by the Campbell River Indian Band to prepare the
proposal to the government, including financial projections and
marketing plans, the architectural design and renderings, gaming
operations and employment strategies.
The
Campbell River Casino will include 30 table games and 300 slot
machines as part of a resort that includes a 130-room hotel, health
club, a 300-seat restaurant and lounge with entertainment amenities,
and a convention and banquet facility. Unique features of the
development include a multi media theatre and a Pacific Northwest
Habitat.
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