Crombie Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established under, and governed by, the laws of the Province of Ontario. Crombie currently owns a. Lady Luck Casino in Vicksburg is owned by Isle of Capri Casinos. It is a corporate company that owns 15 casinos, three of them being in Mississippi. There is a total of 35,000 square feet in the casino. Lady Luck Casino has 89 hotel rooms and four restaurants. There are 591 slot games and 8 table games. The Ontario casino on the Detroit border rivals some of the high-end casinos you'd find in Sin City. On the surface, a half-a-billion dollars seems like a hefty figure to spend on renovating a casino that was already serving its purpose and attracting crowds. Prior to the transformation, Casino Windsor wasn't. GREAT ENTERTAINMENT. GREAT INVESTMENT. Since our inception in 1982, Great Canadian has grown to be one of the largest and most dynamic gaming and entertainment companies in Canada. With 25 properties across Ontario, British Columbia, Nova Scotia, and New Brunswick, our facilities include over 16,000 slot machines.

NEWS RELEASE
GATEWAY CASINOS & ENTERTAINMENT
***********************

Burnaby, BC - July 18, 2018 – Gateway Casinos & Entertainment Limited (“Gateway”) has signed a 23-year Casino Operating and Services Agreement (COSA) with the Ontario Lottery and Gaming Corporation (“OLG”).

Gateway has purchased the assets of the Central Gaming Bundle and entered into leases for Casino Rama Resort on Chippewas of Rama First Nation’s Lands and OLG Slots at Georgian Downs in Innisfil. Gateway will take over the day-to-day operations of these sites effective today. The expansion into central Ontario represents the next exciting chapter in Gateway’s successful growth strategy and also allows for the construction of a planned new casino in the Wasaga Beach/Collingwood area.

“I am very proud to invite our colleagues at Casino Rama Resort and OLG Slots at Georgian Downs to officially join the Gateway team today. We thank the OLG for their support and hard work throughout the transition process and we look forward to continuing our long-term partnership with them,” said Tony Santo, Gateway’s Chief Executive Officer.

Through Gateway’s growth strategy that is focused on dramatically improving customer experiences, Gateway has already begun redeveloping and investing in new properties across Ontario. In Point Edward, $26 million is being invested to transform the property into Starlight Casino Point Edward featuring the Buffet and Ontario’s first Match Eatery & Public House, which opened for business to a full house on July 5 with a ribbon-cutting that also offered the opportunity to meet retired NHL stars Dino Ciccarelli and Wendel Clark. Last week, Gateway broke ground on its new $36-million Cascades Casino in Chatham which will create up to 200 new jobs and will feature the Buffet and Match Eatery & Public House as well.

“Gateway is reinvesting in local communities and creating thousands of new jobs by introducing our signature gaming and restaurant brands throughout Western Canada and Ontario. The acquisition of the Central Gaming Bundle is the next milestone in Gateway’s growth strategy and significantly enhances our customer offerings in Ontario with the addition of a casino resort property that can be leveraged throughout our Ontario portfolio,” said Gabriel de Alba, Gateway’s Chairman.

Casino Rama Resort and OLG Slots at Georgian Downs fit well into the Gateway portfolio and will contribute to the Company’s successful growth strategy enhancing the properties and offering customers a wide range of entertainment, dining and gaming experiences. With strong brand equity and awareness in the Ontario market, Casino Rama Resort is a large-scale resort property featuring a 5000-seat entertainment centre, a 289-room hotel, 8 restaurant and dining options, VIP gaming and a large, dynamic gaming floor.

Through Gateway’s loyalty program, My Club Rewards, Gateway customers across Ontario will have the opportunity to also enjoy the amenities of Casino Rama Resort. OLG Slots at Georgian Downs is a similarly well-known and popular venue featuring the latest slots and casual dining.

Gateway was previously awarded the Southwest and Northern Gaming Bundles in May 2017. In Ontario, Gateway will now operate 11 properties with 4,150 employees. Through the awarding of the bundles in Ontario, Gateway will also undertake three planned new builds in North Bay and Kenora in the North Gaming Bundle and Wasaga Beach/Collingwood area in the Central Bundle.

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.

About Gateway Casinos & Entertainment

Gateway Casinos & Entertainment Limited (“Gateway”) is one of the largest and most diversified gaming companies in Canada. Operating in British Columbia, Edmonton and Ontario, Gateway has 9,000 employees and operates 27 gaming properties with more than 380 tables, over 13,200 slots, 77 restaurants and bars and 561 hotel rooms. As the new service provider for the Central Gaming Bundle in Ontario, Gateway has brought two more properties and one new planned build in Wasaga Beach or Collingwood to the Gateway portfolio when fully implemented. A multi-pronged growth strategy has seen Gateway diversify and expand its product offering, including developing proprietary casino and restaurant brands, which has dramatically improved the gaming customer experience while attracting new customers. This includes brands like Match Eatery & Public House, Atlas Steak + Fish and the new Halley’s Club. In 2017, Gateway celebrated 25 years in the business of gaming and entertainment in Canada. Further information is available at www.gatewaycasinos.com.

About The Catalyst Capital Group

The Catalyst Capital Group Inc. (“Catalyst”), a private equity investment firm with more than $6 billion in assets under management founded in 2002, is a leader in operationally focused turnaround investing. The firm's mandate is to manufacture risk adjusted returns, in keeping with its philosophy of 'we buy what we can build.' Catalyst's Guiding Principles of investment excellence through operational involvement, superior analytics, attention to detail, intellectual curiosity, team and reputation are key to the firm's success. The Catalyst team collectively possesses more than 110 years of extensive experience in restructuring, credit markets and merchant and investment banking in Canada, the United States, Latin America and Europe.

***********************

GREAT ENTERTAINMENT. GREAT PEOPLE. GREAT INVESTMENT. GREAT CANADIAN.

Casino In Ontario Ca

Since our inception in 1982, Great Canadian has grown to be one of the largest and most dynamic gaming and entertainment companies in Canada. With 25 properties across Ontario, British Columbia, Nova Scotia, and New Brunswick, our facilities include over 16,000 slot machines, 575 table games, 71 dining amenities and over 500 hotel rooms. Working closely alongside our crown agency partners, our team of 9,500 strive to offer the very best gaming, entertainment, dining and hospitality experiences.

Great Canadian trades on the Toronto Stock Exchange [TSX:GC], and is a PROUD corporate citizen within the communities we serve.

OUR VISION
To be the leading gaming, entertainment and hospitality company in our chosen markets by providing superior entertainment value and exceptional experiences.

OUR MISSION
To provide outstanding experiences to our guests, rewarding opportunities for our team, and superior value to our shareholders.

OUR VALUES
Integrity – We will conduct our business in a responsible and ethical manner.

Service Excellence – We will exceed our guests’ expectations by providing superior personal service.

Drive to Succeed – We will efficiently manage and grow our business.

Team Engagement – We will care about and support our colleagues, provide them with tools for success, and recognize their performance.

Casinos In Ontario Oregon

Citizenship – We will support the communities in which we live and work.