Canada’s largest gaming and entertainment company, Gateway Casinos & Entertainment Limited, recently reached an agreement with the Ontario Lottery and Gaming Corporation to invest 0 million in southwest Ontario, including developing a casino in London. Senior Vice-President of Marketing and Communications Carrie Kormos said, “We are planning a major gaming and entertainment casino property in London. However, we are still working on our plans and it is important to be respectful of the approval process that we have with our OLG partners, with government and with other folks.”
Besides London, Gateway’s 20-year casino operation and services agreement with the OLG includes the business and assets of the Southwest Gaming Bundle, comprised of a casino in Point Edward and slots in Woodstock, London, Clinton, Dresden, and Hanover.
Kormos added, “While we’ll have more to say in the coming weeks and next month, we’re planning a major gaming and entertainment property in London that will be a significant investment and in fact our largest development in Ontario. We’re still working through our plan, but if you look at what Gateway has built in other provinces, we really have a track record of creating full-service entertainment destinations that involve restaurants, spectacular gaming floors, hotels, other non-gaming amenities. We’re working through those plans right now with the OLG.”
No jobs will be lost with the change from OLG to Gateway, Kormos said. She added the development in London could create more than 1,000 construction and permanent jobs. “In addition to the jobs that will come at the property with the new development, we’ll also be having our head office for Ontario based here in London,” Kormos said.
She stated in the next two to three years, Gateway will launch their signature brands, including Playtime, Cascades, Starlight and Grand Villa, at all of its Ontario properties.
