Gateway Casinos & Entertainment Limited Acquires Chances Casino
Exciting Acquisition Marks the Latest Step in Gateway's Growth Strategy
January 16, 2019
Gateway Casinos & Entertainment Limited (Gateway) announced today that it has acquired Chances Casino Kamloops (Chances Kamloops). Gateway will take over the day-to-day operations of the Chances Kamloops facility effective today. The acquisition makes Gateway the sole gaming provider in Kamloops, as the operator of both Cascades Casino Kamloops and Chances Kamloops.
This strategic acquisition marks the latest step in Gateway's growth strategy which has seen the company expand their footprint and product offering across Canada with their proprietary casino and restaurant brands. With the addition of Chances Kamloops, Gateway now operates 26 properties in British Columbia, Alberta and Ontario with approximately 8,600 employees.
"This is an exciting day for everyone at Gateway as we welcome Chances Kamloops and their employees to the Gateway family. I'd like to thank the Hart Family for their commitment to the Kamloops communities and we look forward to working with them on a smooth transition," said Tony Santo, CEO of Gateway.