Tag Archives: Great Canadian Gaming Corporation
Canada – Great Canadian Gaming to reopen Ontario casinos on July 16
Further to the announcement on July 9, 2021 from the Ontario provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation will be undertaking the required steps to reopen its Ontario properties on July 16. The reopenings include Casino Woodbine, Great Blue Heron Casino, Casino Ajax, Elements Casino Mohawk, Elements Casino…
Canada – Apollo’s deal to buy Great Canadian cleared by Investment Canada
Apollo Global Management’s deal to buy Great Canadian Gaming Corp. has been approved by Investment Canada. It follows approvals in December from the Supreme Court of British Columbia as well as approval from the Competition Act. The transaction is now expected to close in the second quarter of 2021. It is anticipated that the Shares…
Canada – Apollo ups its offer to win over Great Canadian Gaming shareholders
Apollo Global Management is looking to win over shareholder approval at Canadian casino operator Great Canadian Gaming Corp. by increasing its takeover by 15.4 per cent. A group of shareholders had threatened to block the deal. Great Canadian Gaming confirmed it ‘had entered into an amended arrangement agreement to be acquired by funds managed by…
Canada – Great Canadian board sees value in $3.3bn Apollo deal but shareholders disagree
A C$3.3bn deal for Apollo Global Management to buy Canadian casino group Great Canadian Gaming Corp. has been rejected by some of the casino operator’s minority shareholders. The board though has unanimously recommended that shareholders vote in favour of the transaction in December. Whilst the offer of $39 per share for the company has been…
Canada – Great Canadian Gaming to reopen Casino Nova Scotia properties
Great Canadian Gaming Corporation has confirmed that its Casino Nova Scotia properties in Sydney and Halifax, Nova Scotia, will be reopening on October 5, 2020. Both properties temporarily closed on March 16, 2020 to contribute to the containment of COVID-19 and in adherence with public health orders. With the reopening of the Casino Nova Scotia…
Canada – Great Canadian confirms British Colombia and Ontario closures
Great Canadian Gaming Corporation has confirmed the temporary suspension of gaming facilities in Ontario, British Columbia, Nova Scotia and New Brunswick until further notice in an effort to contribute to the containment of the COVID-19 virus. The suspension of the company’s gaming facilities was made in consultation with the respective lottery corporations and based on…
Canada – Great Canadian Gaming given the green light to keep slots at Kawartha Downs
Great Canadian Gaming Corporation has been given the green light from the Ontario Lottery and Gaming Corporation (OLG) and the Kawartha Downs racetrack for the re-opening of the slot facility at Kawartha Downs in Fraserville, Ontario. The Kawartha facility is part of the gaming bundle operated by Ontario Gaming East Limited Partnership (OGELP), as service…
