The expansion into Ontario is the next step in the continued evolution of Gateway. In 2010, The Catalyst Capital Group Inc. (“Catalyst”), Gateway’s ownership group, took Gateway and its 9 properties under management to rebuild and restructure the company. A focus on superior customer experience and measured growth has seen Gateway’s portfolio expand to 28 properties once the North Gaming Bundle is fully developed.
Central to Gateway’s success has been the development of signature casino and restaurant brands that have dramatically improved the gaming customer experience while generating important new customer segments. With transition complete, Gateway will now focus on plans to invest over $300 Million in Northern and Southwestern Ontario communities to introduce these signature brands.
In December 2016, Gateway was selected by OLG as the successful service provider in the North and Southwest Gaming Bundles. The North Gaming Bundle includes casinos in Thunder Bay and Sault Ste. Marie, slots in Sudbury (at Sudbury Downs) and two planned casino builds in Kenora and North Bay. The Southwest Gaming Bundle, which transitioned to Gateway on May 9th, includes a casino in Point Edward and slots in Woodstock (at Woodstock Raceway), London (at the Western Fair District), Clinton (at Clinton Raceway), Dresden (at Dresden Raceway) and Hanover (at Hanover Raceway). The Ontario acquisitions are expected to be immediately accretive to Gateway’s top-line growth, EBITDA margin and full year earnings.
A customer celebration will be held on June 22nd, 2017 at all Gateway’s Ontario sites in the North and Southwest. The daylong celebration will include new and exciting promotions, prizes, live entertainment, Gateway merchandise giveaways and delicious food and drink specials. To learn more about the celebration on June 22nd please visit www.gatewaycasinos.com.
A commitment to responsible gambling is integral to how Gateway operates. All Gateway properties in British Columbia 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.