Loto-Quebec will open a new luxury casino in the popular resort town of Mont-Tremblant, Quebec, next year. It will cost $ 61 million to build and will create 175 jobs. It estimates there will be 700,000 visitors annually at the casino, which should generate revenues of CAD 50 million a year. The provincially owned lottery agency and the Quebec government announced Sunday that the province’s fourth casino should be operational in the Laurentian town, north of Montreal, by the summer of 2009.

The provincially owned lottery agency and the Quebec government announced Sunday that the province’s fourth casino should be operational in the Laurentian town, north of Montreal, by the summer of 2009 and will create 175 jobs.

The announcement had been scheduled for last week but was cancelled when a man was found dead near the Montreal Casino and it was discovered he’d been frequenting the establishment.

Loto-Quebec issued documents in February indicating that two people had committed suicide at Quebec casinos between 1999 and 2007. They also provided details on how spectacular losses, in one case as much as CAD 50,000 in a single visit, led six other people to attempt suicide.

Loto-Quebec president Alain Cousineau said despite the creation of a fourth casino in Quebec, 1,030 video-lottery terminals will be taken off the market in the coming months. He says the new casino will include a private section for high-rollers in addition to 400 slot machines, 20 gaming tables and five electronic Texas hold ’em games.