Tag Archives: michael graydon
- BCLC sued for misleading casino developer on gaming projects for First Nations
January 18, 2016
A casino and gaming developer is taking the British Columbia Lottery Corporation (BCLC) to court, claiming the corporation led it on regarding the possibility of opening gaming facilities on North Shore, only to award the exclusive to another company. Pinnacle Gaming Solutions is owned by North Vancouver resident David Moretto....
- Irate sports bettor suing BCLC’s Playnow.com over voided Blue Jays bets
October 14, 2015
The Toronto Blue Jays’ late season winning streak left plenty of Canadian baseball fans smiling, but at least one sports bettor is sporting a frown after the British Columbia Lottery Corporation’s online sports betting site clipped his wings. BC resident Gregory Butchart recently filed suit in small claims court, accusing...
- GPEB launches expanded review of Paragon Gaming’s BC casino project; development could be scrapped
November 18, 2014
Las Vegas-based casino operator Paragon Gaming has become the subject of an expanded review by the British Columbia Ministry of Finance and the Gaming Policy and Enforcement Branch (GPEB) to determine whether the development of the Edgewater Casino in Vancouver by Paragon subsidiary Edgewater Casino ULC continues to meet the...
- Graydon (eventually) repays severance; ALC execs’ heads set to explode
August 22, 2014
Former British Columbia Lottery Corporation (BCLC) CEO Michael Graydon (pictured, on the left) has repaid his controversial severance package. In February, Graydon abruptly resigned his command of the provincial betting monopoly to take a job with a local offshoot of Paragon Gaming, which is planning a mega-casino in downtown Vancouver....
- Graydon misses BCLC repayment deadline; Vancouver ties Paragon’s hands
July 25, 2014
Former British Columbia Lottery Corporation (BCLC) president Michael Graydon (pictured) has missed the deadline for paying back a disputed portion of his infamous golden handshake. Graydon abruptly resigned his BCLC post in January only to announce one week later that he’d taken a position with PV Hospitality, a subsidiary of...
- BCLC ordered to pay casino winners, ex-CEO told to repay golden handshake
July 18, 2014
A judge has ordered the British Columbia Lottery Corp. (BCLC) to pay casino winnings to a couple of gamblers who’d signed up for BCLC’s voluntary self-exclusion program yet continued to visit BCLC-managed casinos. Hamidreza Haghdust and Michael Lee had been unable to collect on jackpots worth $35k and $42.5k respectively...
BC gov’t accused of burying casino money laundering report
September 22, 2017
Quebec’s online gambling site continues to lag west coast rival
September 1, 2017
Canada’s financial watchdog reviewing BCLC casino money laundering report
September 28, 2017