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Great Canadian Gaming Finalizes New GTA Gaming Bundle Lease Agreement at Casino Ajax

George Miller

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Great Canadian Gaming Finalizes New GTA Gaming Bundle Lease Agreement at Casino Ajax
Photo Source: durhamregion.com
Reading Time: 2 minutes

 

Great Canadian Gaming Corporation announced that it has completed agreements with the Ontario Lottery and Gaming Corporation and the owners of the Ajax Downs racetrack for the continued operation of slots at Ajax Downs in Ajax, Ontario.

The Greater Toronto Area gaming bundle was awarded to the Ontario Gaming GTA Limited Partnership and is operated by the Company. The GTA bundle originally included Casino Woodbine, Great Blue Heron Casino, and Casino Ajax, whose operation was to be relocated to a new casino resort property to be developed by GCGC in Pickering, in addition to a fourth gaming zone opportunity to be located in the GTA bundle.

After assuming operation of the GTA Bundle, GCGC planned to close the Ajax slots facility upon the opening of a new casino resort property in Pickering. With the provincial government’s most recent commitment to horse racing and job creation, this agreement allows for the addition of this new gaming zone and the continued operation of Casino Ajax with 500 slots with all current amenities.

The consummation of this agreement, initiated by Ontario’s provincial government and OLG, affords stability for quarter horse racing at Ajax Downs, jobs supported by the facility, and the provincial horse racing industry in general.

“Since being awarded the East, GTA and West GTA gaming bundles, we have already created more than 1,100 new local jobs,” said Rod Baker, Chief Executive Officer of GCGC. “With the encouragement of the OLG and the provincial government, we have quickly moved forward with an aggressive capital development plan in all markets we are operating in. There will be approximately 4,000 additional new jobs for people in Ontario communities once our developments are fully built out.”

“The decision by the provincial government to create a new gaming zone at Ajax Downs has secured several hundred jobs at that location, with no impact on the number of jobs originally planned at the new facility under development in Pickering,” added Baker. “This agreement also provides an opportunity for further capital investment and a more diverse selection of gaming options to our guests. Great Canadian is pleased with the collaboration from all stakeholders in bringing this agreement to fruition and the commitment by the provincial government to economic development and job creation in Ontario.”

“I would like to thank the Government of Ontario, OLG, Great Canadian Gaming, and the loyal customers of Casino Ajax for their continued support and constructive work to finalize this agreement. This is a good day for horse racing, and we’re excited to contribute to meaningful local employment opportunities in Ontario,” said Justin Picov, President of Ajax Downs.

 

ABOUT GREAT CANADIAN GAMING CORPORATION:

Founded in 1982, Great Canadian Gaming Corporation is a BC based company that operates 28 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 supports hundreds of non-profits, community groups, and in 2018, Great Canadian team members spent over 15,000 hours volunteering for various charitable and community initiatives. 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

Canada

Employers sabotage worker access to EI benefits, Great Canadian Casino workers speak out

George Miller

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Employers sabotage worker access to EI benefits, Great Canadian Casino workers speak out
Image Source: unifor.org
Reading Time: 2 minutes

 

Unifor calls on all employers to adhere to Service Canada’s demand that COVID-19 related work shortages be coded appropriately, instead of blocking workers’ access to EI.

“Some employers are sabotaging workers’ access to EI benefits and it has to stop,” said Jerry Dias, Unifor National President. “Workers from across Canada are being delayed access to EI benefits because employers are miscoding Records of Employment.”

Unifor has received dozens of complaints from workers, notably those recently laid off from Great Canadian Casinos, that ROE forms are being miscoded. Service Canada has stated clearly that all ROEs must be coded as “shortage of work.” Employers who improperly code forms are causing excessive delays for workers trying to access EI.

“Workers are suffering as this crisis evolves and this error is only hurting workers and their families, and employers need to fall in line, and stop listening to a handful of law firms giving bad advice” said Dias.

The advice on Service Canada’s website to employers is very clear that workers laid off due to the COVID-19 pandemic must be coded “shortage of work.”

Unifor recently urged all Members of Parliament to act quickly to address issues facing workers; including radical EI reform and emergency measures to ensure that wage loss is minimized.

“Emergency measures are needed immediately. Workers cannot wait another day while the EI system continues to fail those who need it,” continued Dias.

Unifor launched a comprehensive hub for information about the pandemic at unifor.org/COVID19 and encourages all members to visit the site regularly for updates.

Unifor is Canada’s largest union in the private sector, representing 315,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad, and strives to create progressive change for a better future.

 

Source: Unifor

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Canada

A Message From Peter Meredith, Chairman of the Board of Great Canadian Gaming Corporation

George Miller

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A Message From Peter Meredith, Chairman of the Board of Great Canadian Gaming Corporation
Reading Time: 3 minutes

 

Great Canadian Gaming Corporation today issued the following statement from Peter Meredith, Chairman of the Board of the Company.   

“Given the rapidly escalating COVID-19 pandemic and the significant global uncertainty that has ensued, on behalf of the entire Board of Directors of the Company, we extend our heartfelt thoughts to our shareholders and stakeholders, as well as their families and friends during this unprecedented period.  The effects of this emergency may be felt for some time, and thus, good corporate governance is crucial in these extraordinary circumstances.  You can trust that our Board is dedicated to timely yet prudent decisions, transparent communication and resilient measures to ensure the long-term stability of the Company.

Under the strong leadership of Rod Baker, the Company’s CEO, our caring, diligent and experienced management team is working with our Board to actively monitor the implications that COVID-19 has had- and may have- on the future of our business.  We would also like to acknowledge the incredible efforts that have been undertaken, and continue, across the Company by our operating teams who have been working tirelessly throughout this period to ensure the health and safety of our team members and guests.

This unprecedented situation has no playbook, but our team is well prepared and well-equipped, and making thoughtful decisions on a day-by-day or even hour-by-hour basis.  We are making vital strategic and operating decisions to ensure that the Company is in the best possible position to withstand the ongoing volatility.

In our effort to contain the spread of the COVID-19 virus and to protect the health of our team members and guests, we worked closely with the respective lottery corporations to suspend operations at the Company’s 25 facilities across Canada.  Unfortunately, these closures have impacted a significant number of our team members in OntarioBritish ColumbiaNew Brunswick and Nova Scotia.  We are hopeful that the suspension of our operations is for a short duration and we look forward to welcoming back our valued team members and guests with the reopening of our facilities.

Recognizing the collective efforts being adopted nationally to contain the spread of the COVID-19 virus, the Company will be holding its annual general meeting (“AGM”) entirely virtually at the advice of our Board of Directors and guidance from the Canadian Securities Administrators. The Company remains committed to providing a safe environment for all its constituents and is thankful for the opportunity to utilize modern technology that will allow our shareholders to be safe while having the opportunity to participate and engage in our upcoming AGM.  Full details regarding the AGM, voting and attendance on a virtual basis will be available in the Company’s information circular and proxy materials to be filed on SEDAR (www.sedar.com) in the coming week.

More than ever, we are grateful for the continued support of our dedicated shareholders.  As we are sure all investors can appreciate, this is a rapidly evolving situation, and we will endeavour to continue to keep you informed of material developments as they occur.”

 

ABOUT GREAT CANADIAN GAMING CORPORATION

Founded in 1982, Great Canadian Gaming Corporation is an Ontario based company that operates 25 gaming, entertainment and hospitality facilities in OntarioBritish ColumbiaNew Brunswick, and Nova Scotia. 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 supports over 1,400 charitable and non-profit organizations across Canada. 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

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Canada

Loto-Québec Donates $1,000,000 to Québec’s Moisson Centres

Niji Narayan

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Loto-Québec Donates $1,000,000 to Québec’s Moisson Centres
Reading Time: < 1 minute

 

Loto-Québec has donated $1,000,000 to Québec’s Moisson centres to help in the fight against the coronavirus pandemic. They also delivered foodstuffs to food banks and supplies to the healthcare network.

Loto-Québec is also donating to the Ministère de la Santé et des Services sociaux (MSSS) a number of supplies including more than 30,000 N95 masks as well as disinfectant products including a large quantity of antiseptic gel, wipes and pump cartridges.

Loto-Québec continues to monitor the situation relative to the COVID-19 virus, is applying the Québec Government’s recommendations and invites the public to do the same.

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