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Gateway to expand Hanover Casino, create up to 70 new jobs

George Miller

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Gateway to expand Hanover Casino, create up to 70 new jobs
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Playtime Casino Hanover to Feature New, Exciting Dining and Entertainment Options

 

Gateway Casinos & Entertainment Limited (“Gateway”) announced it will invest an estimated $18 million into renovations at their Hanover Casino at 275 Fifth Street and create up to 70 new jobs in the Municipality of Hanover. The expanded casino will be rebranded as Playtime Casino Hanover and will feature 300 slots and 8 live table games (pending required approvals), and will be a showcase for Gateway’s signature restaurant brands MATCH Eatery & Public House and The Buffet. The renovations are expected to be completed by December of this year.

Central to Gateway’s success has been the development of proprietary casino and restaurant brands.  The Playtime brand is built around the design inspiration of “Play” and will deliver to patrons a high energy and fun experience with an expanded footprint of 32,672 square feet with an additional 3,283 square foot mezzanine.  The expanded Playtime Hanover will build on its reputation as a popular local entertainment destination that will now offer both gaming entertainment as well as a dining and entertainment experiences with two new restaurants – MATCH Eatery & Public House and the Buffet.

Gateway Casino’s signature brand MATCH Eatery & Public House combines the welcoming and social traditions of a neighbourhood pub with the high energy and excitement of a sports bar. Whether it’s the big game, a family celebration or just a social gathering with friends, MATCH Eatery & Public House provides a casual, upbeat atmosphere ideal for any occasion. The Buffett equally complements the MATCH experience with an emphasis on exceptional value and an ever-changing menu highlighting cuisine from around the world with something for every age and appetite.

“This is the beginning of a whole new gaming and entertainment experience for Hanover.” said Linda McColl General Manager at Gateway Casinos, Playtime Hanover. “The Hanover, Bentinick & Brant Agricultural Society have been great partners in this venture making space available to us in in the former proposed Carriage Hall banquet facility. I want to thank Randy Rier from the agricultural society and Rhonda Waechter from the raceway for their help in making this happen. I also want to thank Hanover Mayor Sue Paterson and CAO Brian Tocheri for their help and support as well for allowing us to proceed so quickly.”

The investment in an expanded Hanover site follows the announcement of a new $36 million Cascades Casino to be built in Chatham-Kent and the $26 million renovation currently underway to transform Gateway Point Edward to Starlight Casino Point Edward.

Hanover Mayor, Sue Paterson said, “On behalf of council, we are equally excited about Gateway’s growth plans for Hanover.  We believe Gateway couldn’t have picked a better community in which to invest $18 million.  We are particularly pleased to see that construction of the agricultural society’s Carriage Hall project will be completed and that the partnership with the agricultural society remains strong. I also want to thank CAO Brian Tocheri, and Chief Building Official and Director of Development Don Tedford for their help and support.”

“It’s exciting news to see the planned expansion of Gateway Casino. This investment will boost our local economy and create new jobs in our area. It’s especially great to know that Carriage Hall will be completed and in partnership with the Hanover, Bentinick and Brant Agricultural Society, they will help to ensure the sustainability of this long-standing group as well as this attraction to Hanover for many years to come. I wish the best of success and prosperity to everyone involved,” said Bill Walker, MPP, Bruce-Grey-Owen Sound

“The Ag Society is happy with Gateway and the jobs that will be coming to Hanover,” said Randy Rier President of the Hanover, Bentinick & Brant Agricultural Society.

A commitment to responsible gambling is integral to how Gateway operates in Ontario including OLG’s PlaySmart program.  All Gateway properties in BC and Ontario hold RG Check accreditation. Together with OLG and other government partners, Gateway will continue to implement responsible gambling initiatives at all properties across Canada.

 

About Gateway Casinos & Entertainment

Gateway Casinos & Entertainment Limited (“Gateway”) is one of the largest and most diversified gaming companies in Canada. Operating in British Columbia, Edmonton and Ontario, Gateway has 9,000 employees and operates 27 gaming properties with more than 380 tables, over 13,200 slots, 77 restaurants and bars and 561 hotel rooms. As the new service provider for the Central Gaming Bundle in Ontario, Gateway has brought two more properties and one new planned build in Wasaga Beach or Collingwood to the Gateway portfolio when fully implemented.  A multi-pronged growth strategy has seen Gateway diversify and expand its product offering, including developing proprietary casino and restaurant brands, which has dramatically improved the gaming customer experience while attracting new customers. This includes brands like Match Eatery & Public House, Atlas Steak + Fish and the new Halley’s Club.  In 2017, Gateway celebrated 25 years in the business of gaming and entertainment in Canada. Further information is available at www.gatewaycasinos.com.

Source: Gateway Casinos & Entertainment Limited

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Canada

2018-2019 fiscal year – Loto-Québec reports strong financial results

George Miller

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2018-2019 fiscal year - Loto-Québec reports strong financial results
Photo Source: radio-canada.ca
Reading Time: 2 minutes

 

Loto-Québec’s 2018–2019 Annual Report was tabled this morning in the National Assembly. The Corporation’s total revenues were $2.827 billion, exceeding its previous fiscal results by $84.9 million, or 3.1%. The net income totalled $1.408 billion, up $72.7 million, or 5.4%.

KEY FIGURES

Total revenues

            $2.827 billion

+3.1%

Net income

            $1.408 billion

+5.4%

Prizes paid out1

            $1.160 billion

+12.9%



REVENUES BY BUSINESS SECTOR

Lotteries

      $955.7 million

+8.7%

Casinos

      $917.9 million

+1.2%

Gaming establishments2

      $979.5 million

-0.2%

Online gaming3

      $105.4 million

+23.2%

 

QUOTE

“Over the past five fiscal years, even with our total revenues on the rise, we’ve maintained tight control over our expenses. That’s helped to improve our productivity,” says Lynne Roiter, President and CEO of Loto-Québec. “The ratio of net income over revenues has also risen from 45.5% in 2014–2015 to 49.8% in 2018–2019. All of our business sectors are contributing to the increase in net income, which reflects the efforts being made right across the Corporation.”

HIGHLIGHTS

  • The increase in lottery revenues is primarily due to the strong performance of Lotto Max, for which sales were over $52.3 million, or 30.6% higher than those of the 2017–2018 fiscal year. The instant lottery category also showed continued growth (up $18.8 million, or 12.3%) due to the overwhelming popularity of permanent games and the holiday collection.
  • The casino sector delivered strong results, mainly due to the success of its themed promotions, which attracted close to 10 million customers. Despite road work and difficulties getting to the site, the Casino de Montréal managed to see an increase in revenues.
  • The drop in gaming establishment revenues can be attributed to the reconfiguring of the video lottery terminal network in bars, for which sales decreased by $6.7 million, or 0.7%. The drop was more pronounced in sectors that lost terminals.
  • The total revenues (lottery and casino games) generated by lotoquebec.com totalled $105.4 million, which is an increase of $19.8 million, or 23.2%, versus the previous fiscal year. Improving the ease of navigation between product lines improved the website’s market share.
  • Responsible commercialization is a constant priority for Loto-Québec. Several information and awareness-raising initiatives were launched in the 2018–2019 fiscal year, including a campaign about the importance of respecting one’s limits, an online video explaining how luck works, and a new slide-out menu on lotoquebec.com that links to information on responsible gambling.
  • Loto-Québec owes its outstanding results to the vision outlined in its 2017–2020 strategic plan: the Corporation has stayed focused on the customer, strengthened its focus on gaming and entertainment, maintained its responsible commercialization approach, and continued to improve its work processes in order to optimize convergence, agility and efficiency.

 

_________________________

1 Prizes paid out to lottery, bingo and Kinzo winners.

2 The gaming establishments sector includes the bar network, and gaming, bingo and Kinzo halls.

3 The revenues generated by lotoquebec.com are included in both the lottery and casino portions of the financial results.

 

Source: Loto-Québec

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Raketech expands into Canada with CasinoFever.ca

George Miller

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Raketech expands into Canada with CasinoFever.ca
Reading Time: 1 minute

 

Raketech, a leading online affiliate and content marketing company, has strengthened its international footprint with the launch of CasinoFever.ca, a new online casino comparison website tailored for the Canadian market.

CasinoFever.ca will provide users in Canada with a comprehensive guide to the online casino world, offering reliable product, operator and bonus reviews, as well as useful tips and news related to the online casino world.

Michael Holmberg, CEO of Raketech said: “The launch of CasinoFever.ca further establishes Raketech’s strategy to expand into North America, a continent where we are currently developing a handful of sites that see increasing traffic trends. CasinoFever.ca is one of those sites and has already converted its first ever user into a new casino player at one of our partners.”

The website was developed by the people behind the successful CasinoFeber.se product, which has grown considerably in short space of time to become one of Sweden’s most popular casino comparison sites. CasinoFever.ca runs on the same platform and will be continually improved to help guide Canadian players to the best available online casinos.

Michael Holmberg concluded: “I am happy to witness our beneficial partnership model with CasinoFeber.se – one of Sweden’s most successful casino products in recent times – successfully enter an overseas market in the form of CasinoFever.ca. This is a stamp of quality for our operational model, that offers an opportunity for entrepreneurs to join forces with Raketech post-acquisition and grow the business together.”

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Canada

OLG Signs Casino Operating and Services Agreement for Niagara gaming bundle

George Miller

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OLG Signs Casino Operating and Services Agreement for Niagara gaming bundle
Pictured from left to right: James Gessner Jr., Interim Chairman of Mohegan Tribe, Richard Taylor, President of Niagara Casinos, Mario Kontomerkos, CEO of Mohegan Gaming & Entertainment and Stephen Rigby, President & CEO of Ontario Lottery & Gaming Corporation
Reading Time: 2 minutes

 

Ontario Lottery and Gaming Corporation (OLG) has signed a Casino Operating and Services Agreement (COSA) with MGE Niagara Entertainment Inc. (MGE) for the Niagara Gaming Bundle.

This is the latest step in the transformation of land-based gaming in Ontario, which is creating the conditions for a vibrant gaming industry and bringing jobs and investment to communities across the province.

MGE now assumes responsibility for the day-to-day operations of Fallsview Casino Resort and Casino Niagara. MGE will also operate the future 5,000-seat Niagara Falls Entertainment Centre.

OLG has an internationally-recognized Responsible Gambling (RG) program and embeds its high standards for RG into the contracts it has with service providers.

OLG provides the provincial government with its largest source of non-tax revenue. Modernization helps OLG provide more money to Ontario for key government services.

 

About Mohegan Gaming & Entertainment:

Mohegan Gaming & Entertainment (MGE) is a master developer and operator of premier global integrated entertainment resorts, including Mohegan Sun in Uncasville, Connecticut and Inspire in Incheon, South Korea. MGE is owner, developer, and/or manager of integrated entertainment resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, Louisiana, Northern Asia, and Niagara Falls, Canada. MGE is owner and operator of Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League. For more information on MGE and our properties, visit mohegangaming.com

About OLG:

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $50 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario

Source: OLG

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