Grey Rock Casino New Brunswick
The Madawaska Maliseet First Nation is getting prepared to open a new entertainment centre in Edmundston.
Grey Rock Casino: Disappointing - See 79 traveler reviews, 12 candid photos, and great deals for Edmundston, Canada, at Tripadvisor. The Best Casinos in New Brunswick. Although New Brunswick only has two proper land-based casinos, gamblers can also enjoy VLTs, poker, bingo, and horseracing in the province. The biggest casino is found in Edmundston called ‘The Grey Rock Entertainment Centre’ and the second biggest is ‘Casino New Brunswick’ in Moncton. Grey Rock Casino 61 followers on LinkedIn. Where friends come to play. Located just outside of Edmundston, New Brunswick, Grey Rock Casino is a modern, state of the art Casino, Poker, Bingo.
The Grey Rock Entertainment Centre, part of the Madawaska Maliseet First Nation’s $13-million Grey Rock Power Centre, was scheduled to open this month but construction delayed the grand opening until December.
Madawaska Maliseet First Nations Chief Patricia Bernard said the new centre will feature nightly bingo, video lottery terminals and a restaurant.
She said she hopes the prime location, just off the Trans-Canada Highway in the northwestern city, and elaborate front entrance will attract travelling tourists entering the Maritimes. The entrance will feature a 12-metre totem pole made of 800-year-old cedar surrounded by a ring of fire.
'It will be a very magnificent structure that can be seen from the highway. Just seeing that is going to pique people’s interest to [visit] the power centre,' Bernard said.
'The building itself will be totally modern. There will be waterfalls and huge, gigantic chandeliers. It’s going to be very beautiful inside, that’s going to be very pleasing to the eye.'
Bernard said the Grey Rock Entertainment Centre will resemble the St. Mary’s Entertainment Centre near Fredericton, but will be larger and have two bingo halls, plus the restaurant and a café.
It will also create 200 new jobs with 15 hired from students at the community college in Edmundston, which established a hospitality training course in partnership with the Madawaska Maliseet Economic Development Corp.
'It will be quite a huge boost to the local economy, so we’re quite happy about that,' Bernard said.
'The goal here for us is to build the economy. We’ve been missing something here in the northwestern region New Brunswick, and [the Grey Rock Power Centre] is something we feel is going to benefit this region greatly.'
Negotiations are still ongoing with the province for the licences of the video lottery terminals.
The New Brunswick Lotteries and Gaming Corp. has a 2,000 cap on the number of VLTs in the province as well as a 300 maximum of the number of VLT sites.
The Department of Finance, which oversees the New Brunswick Lotteries and Gaming Corp., did not respond to CBC News to confirm how many VLTs and VLT sites are in the province.
The entertainment centre itself will be privately owned with a percentage of profits going back to the Madawaska Maliseet band since it is on the reserve.
Bernard said the percentage is also still being negotiated.
Casino New Brunswick Hotel
© Submitted by Grey Rock Entertainment Centre The Grey Rock Entertainment Centre is located on the Madawaska Maliseet First Nation in Edmundston.One of the Edmundston region's largest employers is considering closing its doors in response to a ballooning debt caused by the pandemic.
The Grey Rock Entertainment Centre is located on the Madawaska Maliseet First Nation and employs about 115 people when fully staffed. It typically draws most of its customers from nearby Quebec and Maine — which have both been completely cut off under COVID-19 travel restrictions.
Owner John Bernard said the business is trapped in an unsustainable revenue-sharing agreement with the provincial government. That has led to a debt that has grown to about $800,000 since the casino reopened in early July.
Popular Searches
'Right now, we probably shouldn't be open because we're running up our debt,' he said.
Bernard said 65 per cent of revenue comes from customers from outside New Brunswick.
As a regulated casino, the operation has revenue-sharing agreements with both the Madawaska Maliseet First Nation and the New Brunswick government.
Grey Rock must pay the First Nation 20 per cent of its revenues and the provincial government 20 per cent.
In addition to the revenue split, the deal also requires lump-sum payments to the province of $44,000 per month — regardless of the casino's revenue and expenses.
Since opening five years ago, Bernard said the Grey Rock Entertainment Centre has paid $6 million in total to the province under the agreement. There's about one year left of the monthly lump-sum payments.
Bernard said the pandemic led to a drop in revenue of about 65 per cent, and he is currently not able to cover his monthly expenses, even before paying the province the $44,000.
The travel restrictions have turned the casino halls quiet.
'Absolutely worst case scenario,' Bernard said of the borders closing.
The opening of a new hotel next to the casino did attract some new customers from southern New Brunswick. But that too has come to a halt since the Edmundston region was rolled back to the orange-level recovery phase. Now revenue has dropped even further, about 85 per cent less than normal.
The entire Edmundston region has been facing economic challenges during the pandemic.
Its unique geographic position, tucked between Maine and Quebec, means its businesses are reliant on cross-border customers.
Cathy Pelletier, executive director of the Edmundston Chamber of Commerce, said the potential closure of the casino is concerning, but not a surprise.
'It is important to the economic development and the economic situation in our region,' she said. 'With that being closed, hopefully it's going to be for a short period of time.'
The orange recovery phase has also impacted the business community, as non-essential travel is not allowed from other parts of the province.
Pelletier said while visitors from outside New Brunswick can't come, the U.S. border shutdown has helped some businesses and hurt others.
Some goods such as groceries and gasoline are less expensive across the river in Maine.
'It makes them realize how important it is to stick in your region and to shop local and to buy local,' she said.
Bernard is asking the provincial government and the Madawaska Maliseet First Nation for help as he tries to avoid closing and laying off the 75 employees who are working right now.
He said the province has offered to defer revenue-sharing payments until March 31, while the First Nation has indicated a willingness to discuss changes to revenue sharing. No break was offered to Grey Rock for the $44,000 monthly payments.
'I really want the governments to come back and act like shareholders and business partners, because we're in this together,' Bernard said.
A spokesperson for the Finance and Treasury Board confirmed it agreed to defer all payments, except the lump-sum amounts, until the end of the fiscal year on March 31.
'The situation will be reassessed at the end of the fiscal year in the hope that agreement may be reached on a revised payment schedule that would enable the casino to stay open,' Jennifer Vienneau wrote in an email.
Bernard said as things stand, his plan is to try to stay open until New Year's Day.
'At that point we're going to have to assess very seriously where we're at and whether we can remain open during this pandemic,' he said.
Grey Rock Casino Edmundston New Brunswick
The staff has been reduced to about 75 people in response to declining business. But casino regulations require many positions to be filled to keep operations running.
'We've done everything we can to stay open, we've cut back the hours,' Bernard said. 'But understand we cannot cut back on security and surveillance — we're a casino.'