Great Canadian Gaming Corp

Description

Great Canadian Gaming Corporation (GCGC) is a diversified gaming, hospitality, and entertainment company based in Canada.

The entertainment company was established in 1982 as Great Canadian Casino Company.

In 1986, the company opened its first permanent casinos, namely The Casino and Nanaimo Casino, in Vancouver.

The company got listed on the Toronto Stock Venture Exchange in 1992 and opens casinos in Victoria and British Columbia. It was graduated to the Toronto Stock Exchange in 2004.

In the same year, it acquired 100 per cent stake in the Great American Gaming Corporation and added four Washington-based casinos, namely Everett, Kent, Tukwila and Lakewood to its portfolio.

Great Canadian Gaming Corporation operates in three regional segments: British Columbia, the Atlantic and Ontario.

In 2013, following a rebranding of its Boulevard Casino, the Hard Rock Casino Vancouver opens for the public and became reportedly Canada’s first. The facility comprises 42 table games, 960 slot machines, a 1051 seat show theatre, 48 touch bet roulette terminals, five food and beverage options.

The diversified portfolio consists of over 25 Canadian properties and hosts several facilities such as:
• 575 table games
• 500 hotel rooms
• 71 dining amenities
• 16,000 slot machines

These are primarily located in New Brunswick, British Columbia, Nova Scotia and Ontario.

GCGC’s facilities also consists of outdoor horse racing tracks, food and beverages options, community gaming spots, and other entertainment facilities.

The entertainment provider reportedly generates a significant portion of the revenue from Ontario-based facilities, including:
• Shorelines Casino Thousand Island
• Elements Casino Brantford
• Casino Ajax
• Great Blue Heron Casino
• Casino Woodbine
• Shorelines Casino Belleville
• Georgian Downs

Great Canadian Gaming Corporation also claims to contribute towards social services programs focused on health care and education.

The Richmond-based company’s shares trade on the TSX under the ticker ‘GC’.

Great Canadian Gaming Corporation claims to implement Anti-Money Laundering regime in all the business operations across several jurisdictions.