FRASERVILLE, ON, Dec. 19, 2018 /CNW/ - Great Canadian Gaming Corporation (GCGC) today announced that it has completed agreements with the Ontario Lottery and Gaming Corporation (OLG) and the Kawartha Downs racetrack for the re-opening of the slot facility at Kawartha Downs in Fraserville, Ontario. The Kawartha facility is part of the gaming bundle operated by Ontario Gaming East Limited Partnership (OGELP), as service provider to OLG.
The Kawartha facility will host 150 slot machines and will join the gaming facilities operated by OGELP in Peterborough, Belleville and Gananoque, Ontario. The Kawartha facility was originally planned for closure as part of the opening of a new casino in Peterborough in October of this year, but we have worked diligently with the Ontario government and OLG to create agreements that we feel benefit all stakeholders. We are very pleased with the outcome and our expectation is that this operation will be a productive contributor to the gaming bundle.
"I would like to thank the loyal customers of Shorelines Slots at Kawartha Downs for their continued support and we are excited to further contribute to the customer experience and meaningful employment opportunities in Ontario", said Rod Baker, Chief Executive Officer of GCGC.
Additional information will be available in the company's year-end Management Discussion and Analysis.
About Great Canadian Gaming Corporation:
Founded in 1982, Great Canadian Gaming Corporation is a BC based company that operates 29 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, Nova Scotia, and Washington State. Fundamental to the company's culture is its commitment to social responsibility. "PROUD of our people, our business, our community" is Great Canadian's brand that unifies the company's community, volunteering and social responsibility efforts. Under the PROUD program, Great Canadian annually invests over $2.5 million in our communities, and in 2017, over 1,900 charitable organizations were supported by Great Canadian. In each Canadian gaming jurisdiction, a significant portion of gross gaming revenue from gaming facilities is retained by our crown partners on behalf of their provincial government for the purpose of supporting programs like healthcare, education and social services.
SOURCE Great Canadian Gaming Corporation - Media Relations
For further information: Media Contact: Sonja Mandic, Director, Media Relations and Social Responsibility, Great Canadian Gaming Corporation, [email protected]m, 604.889.7114