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Great Canadian Gaming

Great Canadian Gaming Corporation
Public
Traded as
Industry Gaming and Hospitality
Founded 1982
Headquarters Coquitlam, British Columbia, Canada
Key people
Rod N. Baker (Chairman and Chief executive officer)
Number of employees
5600 (2016)

Great Canadian Gaming is a Canadian casino and hospitality operator, listed on the and part of the S&P/TSX Composite Index.

Great Canadian operates 21 gaming properties, consisting of 13 casinos, four horse race tracks (with slot machines), and 4 smaller-scale gaming centres. It also runs hotels, restaurants, and entertainment facilities associated with its properties. As of the third quarter of 2017, 67% of revenue was from gaming. As of 2016, it had 5600 employees. In 2016, 61% of revenues were from British Columbia, 17% were from Ontario, 15% were from Atlantic Canada, and the rest were from the United States.

Great Canadian has been investigated for money laundering that allegedly took place at their River Rock Casino Resort. The company has released a statement saying that it has followed all the necessary procedures.

In August 2017, Great Canadian (in cooperation with Brookfield Property Partners) won a bidding process to take over Woodbine Racetrack in Toronto from the OLG. It will also take over Ajax Downs and the Great Blue Heron Casino. The opposition OntarioPCs have called for the deal to be halted due to the money laundering allegations.

In December 2017, Great Canadian (in cooperation with Clairvest Group) won a process to take over four more OLG facilities.

The company was founded in 1982 as the Great Canadian Casino Company. It initially operated charity casinos and a casino at Vancouver's Pacific National Exhibition. In 1986, it opened its first permanent casino in Vancouver. It held an IPO on the TSX Venture Exchange in 1992, and renamed itself the Great Canadian Gaming Company in 1997. In 2004, it listed on the . In 2005, it acquired a number of casinos in Ontario and Nova Scotia. As a result of these acquisitions, it breached debt agreements in March 2006.


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