British Columbia Attorney General David Eby listens during a news conference in Vancouver, on Friday May 24, 2019. THE CANADIAN PRESS/Darryl Dyck

British Columbia Attorney General David Eby listens during a news conference in Vancouver, on Friday May 24, 2019. THE CANADIAN PRESS/Darryl Dyck

Former B.C. Lottery Corp. board chair says government ‘ill-suited’ to run gaming

Bud Smith says the government is better suited as a regulator, allowing others to run high-limit gaming

The former chairman of the board at the British Columbia Lottery Corp. says he advised cabinet ministers in two different governments to get out of high-end gaming where bet limits reached $100,000.

Bud Smith testified at the public inquiry into money laundering that former Liberal finance minister Mike de Jong and New Democrat Attorney General David Eby both ignored what he says was his “brilliant idea.”

Smith, a former B.C. attorney general, says he expressed his views about getting the Crown-owned lottery corporation out of high-limit gaming to de Jong in 2015 and to Eby in 2017, shortly after the NDP formed government.

He says the potential for suspicious activities at gaming outlets has historically been present in B.C. and the government would be better suited as a regulator, while allowing other entities to run high-limit gaming.

Smith says de Jong told him during a meeting to continue the lottery corporation’s anti-money laundering strategy based on risk assessments of players and their sources of cash, and not move to a policy focused on restricting cash at casinos.

The NDP government appointed B.C. Supreme Court Justice Austin Cullen in 2019 to lead a public inquiry into money laundering after three reports outlined how hundreds of millions of dollars in illegal cash affected the province’s real estate, luxury vehicle and gaming sectors.

RELATED: B.C. Lottery Corp. CEO ‘blown away’ by police report of organized crime at casinos

gambling

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Vancouver Island Symphony conductor Pierre Simard is releasing his new synthwave album ‘Plandemic’ on March 5. (Photo courtesy Olivia Simard)
Vancouver Island Symphony conductor releasing side-project EP of electronic music

Pierre Simard, recording as Plan Omega, presents ‘Plandemic’

Two women were arrested in Nanaimo for refusing to wear masks and causing disturbance on a B.C. Ferries vessel. (File photo)
Nanaimo ferry passengers who refused to wear masks and caused disturbance fined $460 each

Incident happened Sunday, Feb. 21, aboard the Queen of Cowichan

Beef to the woman walking two dogs that attacked my two small chihuahua dogs along Estevan Road. I was dragged down the embankment with my dogs. All three of us were pinned against the fence by your dogs with no escape route. Your dogs were on retractable leashes that were not appropriate for their size and weight and you had no control over them at all.
Beefs & Bouquets, Feb. 24

To submit a beef or a bouquet to the Nanaimo News Bulletin, e-mail editor@nanaimobulletin.com

The Port of Nanaimo has signed a 50-year-agreement with DP World around short-sea shipping operations at Duke Point Terminal. (News Bulletin file photo)
Port of Nanaimo and DP World sign 50-year shipping operations agreement

Lease agreement ‘important first step’ in $105-million Duke Point expansion project

A Nanaimo RCMP vehicle in the Woodgrove Centre parking lot. (News Bulletin file photo)
Woman groped by stranger in mall parking lot in Nanaimo

Incident happened near bus loop Saturday, Feb. 20, at about 4:45 p.m.

Dr. Bonnie Henry talk about the next steps in B.C.'s COVID-19 Immunization Plan during a press conference at Legislature in Victoria, B.C., on Friday, January 22, 2021. THE CANADIAN PRESS/Chad Hipolito
456 new COVID-19 cases in B.C., 2 deaths

Since January 2020, 78,278 have tested positive for the novel coronavirus in B.C.

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. (THE CANADIAN PRESS/Nathan Denette)
Vaccinating essential workers before seniors in B.C. could save lives: experts

A new study says the switch could also save up to $230 million in provincial health-care costs

(Black Press Media file photo)
B.C. residents can reserve provincial camp sites starting March 8

B.C. residents get priority access to camping reservations in province

Nanaimo’s Joanne Secord is a quarterfinalist in Inked Magazine’s Cover Model Search contest. (Janayh Wright Photography)
50-year-old Nanaimo mom hopes her tattoos will earn her a magazine cover shoot

Joanne Secord on cusp of semifinals in Inked Magazine contest

Nanaimo Courthouse. (News Bulletin file photo)
Motorist sentenced to two years for dangerous driving causing death on Gabriola Island

William Goosman pleaded guilty last fall in connection with incident that killed Jay Dearman

According to a new poll, a majority of Canadians want to see illicit drugs decriminalized. (THE ASSOCIATED PRESS)
Majority of Canadians think it’s high time to decriminalize illicit drugs: poll

More than two-times the B.C. residents know someone who died from an overdose compared to rest of Canada

The late Michael Gregory, 57, is accused of sexually exploiting six junior high students between 1999 and 2005. (Pixabay)
Former Alberta teacher accused of sexually assaulting students found dead in B.C.

Mounties say Michael Gregory’s death has been deemed ‘non-suspicious’

Photograph By @KAYLAXANDERSON
VIDEO: Lynx grabs lunch in Kamloops

A lynx surprises a group of ducks and picks one off for lunch

Most Read