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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

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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BCLC to Launch Optional Budgeting Tool “PlayPlanner”

Niji Narayan

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BCLC to Launch Optional Budgeting Tool “PlayPlanner”
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BCLC is going to introduce PlayPlanner to every casino and community gaming centre in B.C. as part of its commitment to encourage positive play and informed decision-making.

PlayPlanner is an optional budgeting tool allows Encore Rewards members to set and manage daily time and money limits when playing slot or eTable games. During each playing session, players receive reminders on how they are tracking against their settings through onscreen pop-up messages.

“We’ve created PlayPlanner to make it easier for players to stay within personal limits by making decisions about time and money before gambling. We are committed to ensuring that this tool meets the needs of our players now and into the future as part of our focus on supporting healthy play,” Jamie Wiebe, BCLC Director, Player Health said.

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First Quarter of 2019 – 2020 – Loto-Québec’s results are in line with budget forecasts

George Miller

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First Quarter of 2019 - 2020 - Loto-Québec's results are in line with budget forecasts
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At the end of the first quarter of the 2019–2020 fiscal year, Loto-Québec is reporting total revenues of $656.1M and a consolidated net income of $337.4M.

QUOTE

“Since 2015–2016, our total first-quarter revenues (for the same number of days) have increased by $70.0M (+11.9%), while total expenses over the same period have risen by just 1.9%. As for our consolidated net income, it saw a $63.9M (+23.4%) increase, to which all sectors contributed,” says President and CEO Lynne Roiter.

HIGHLIGHTS

  • Lotteries
    The lottery sector saw a decrease in revenues (-11.6%) due in part to fewer Maxmillions being offered through Lotto Max (32, compared to 199 in the first quarter of 2018–2019), and a sales decline of special-edition tickets, because the 100$ ULTIME ticket was not brought back this year. On the other hand, the Corporation paid out a $65Mjackpot—the biggest in its history.
  • Casinos 
    The casino sector reported stable revenues compared to the same quarter last year. For the same number of days, revenues are up $2.1M (+1.0%).
  • Gaming establishments 
    The bar network saw a decline in revenues (-1.2%), while revenues at gaming halls (+4.1%), bingo halls (+16.5%) and Kinzo halls (+13.4%) rose. Electronic bingo was a contributing factor in higher bingo hall revenues.
  • Online gaming
    Revenues from the online gaming website—lottery and casino games combined—grew by $5.6M (+23.8%).

The quarterly report is available on Loto-Québec’s website.

 

SOURCE Loto-Québec

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Canada

Great Canadian Gaming Corporation Announces the Name of New Gaming Property as Pickering Casino Resort

Niji Narayan

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Photo source: bestcasinoscanada.com
Reading Time: 1 minute

Great Canadian Gaming Corporation (Great Canadian) has named the world-class gaming and entertainment destination located in Pickering, Ontario as Pickering Casino Resort. The resort will be a draw for all who enjoy exceptional service, thrilling gaming options, live entertainment and diverse dining experiences.

“While we have so much more to develop and construct, being able to share the brand name of the resort with the community is an exciting next step for us,” Tyrone Waite, General Manager of Pickering Casino Resort.

Construction of Pickering Casino Resort started last year and is projected to open in two phases. The first phase is slated to open in early 2020 and will feature a number of gaming and dining options. The second phase will include a full scope of entertainment amenities and hotel offerings.

“We will now be concentrating on hosting career fairs and seeking local talent to join our team. We are looking for people who have exceptional guest service skills and are willing to learn and grow with the company. We have great training programs that will equip our team members with the right skill set and set them up for future success,” Waite said.

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