In a move that further enhances its property portfolio, Canadian gambling operator, Gateway Entertainment and Casinos Restricted , has announced the acquisition of Signal Point Gaming located in Williams Lake, British Columbia.
According to a media launch …
Powerful Friday, March 1, 2019, the day-to-day operations of the slots and bingo centre were assumed by the Burnaby-headquartered gambling and entertainment business. The purchase is only one more step in what is one of Canada‘s biggest and most diversified gaming and entertainment businesses ’ strategy for continuing expansion.
Expanding footprint:
The vital acquisition is another milestone in a strategy that has seen the firm expand its presence and product offering round the North American nation. In its quest to make community-centered amusement gaming properties that feature an assortment of culinary and gambling alternatives, the possibility of the opportunity from British Columbia’s Central Interior Cariboo area is an exciting one.
Significant investments:
Commenting on the Most Recent addition to the Organization ’s home portfolio, Chief Executive Officer for Gateway, Tony Santo, said…
“Everyone at Gateway is quite excited to welcome Chances Signal Point as well as their team to the Gateway family. We look forward to bringing our unique entertainment offerings into Williams Lake.
Significant investments have been made by Gateway from the communities in which the company operates so that they might increase the consumer experience and consequently has seen local communities the recipients of hundreds of jobs and economic contribution.
Present and new developments:
The business that boasts approximately 448 table matches (including 49 poker tables), 13,887 slots, 85 restaurants and bars and 561 hotel rooms has expansion investments underway in several communities around Ontario, Alberta and British Columbia.
The purchase of Chances Casino Kamloops from the British Columbia Lottery Corporation along with the Hart family of private investors was completed at January 2019.
Gateway further expects the launching of a pair of new significant developments in Hanover, Ontario and Chatham-Kent.
Gateway received acceptance by the Delta City Council to rezone some of the property located at 6005 Highway 17A for its $70 million Cascades Casino Delta development in August 2018.
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