Casino ABS Lethbridge
October 14, 2008
Casino Lethbridge is one of four casinos privately owned by Casino ABS. It is located on the east side of the City of Lethbridge and close to Highways 3 in an area popular with automobile dealerships. The casino opened in August 2004 after being relocated from a smaller facility in the city.
Casino ABS Lethbridge |
Casino ABS has operated a permanent casino facility in Lethbridge since 1993 (SOURCE: Henderson Directory). Casino Lethbridge relocated to its present location in August 2004. OWNERSHIP & MANAGEMENT Casino Lethbridge is privately owned by Heinz Oldach’s Casino ABS (Alberta Bingo Supplies, Ltd.). ABS was incorporated 1973 and is Canada’s oldest casino operator and largest operator in the Province of Alberta. Casino ABS owns four casinos plus a 25% share in the Royal City Star Riverboat Casino in New Westminster, B.C. SOURCE: Conversation with Barry Pritchard (October 19th, 2004). RECENT EVENTS A Smoking Bylaw will require all Lethbridge public places (including casinos and commercial bingo halls) smoke-free effective January 1, 2007. Casino Lethbridge relocated to its present location in August 2004 from its old facility on 3rd Avenue South. The new casino reportedly cost more than $10-million to construct. CASINO & RACINO COMPETITION The nearest competitor is Bully’s Racing Entertainment Centre (racino) which is in close proximity to Casino Lethbridge. Bully’s operates approximately 99 slot machines and is located beneath the Whoop-Up Downs horse racing grandstand. The City of Lethbridge has a population of 78,000 (2006) and serves a trading area of approximately 275,000. Casino ABS is at its regulated limit of four casinos across Alberta. ADDRESS Casino ABS Lethbridge 1251 3rd Avenue South |
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