catalyst capital group
Gateway Casinos & Entertainment Expands in Ontario With Addition of 289-Room Casino Rama Resort
Gateway Casinos & Entertainment | July 18, 2018
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 f...