The building of Gateway Casinos & Entertainment Ltd.’s $31 million Cascades Casino North Bay in the City of North Bay in Ontario, Canada has been delayed by the pandemic.
Gateway spokesman Rob Mitchell told Bay Today: “We can’t commit to a date to resume construction in North Bay. Our primary focus is reopening our 12 existing sites across the province.”
About 5,000 Gateway employees are out of work throughout the province.
Mitchell added, “We’ve been operating in the red now for eight weeks with absolutely no cash flow because our sites are closed. We are going to have considerable overhead when we reopen. We don’t know under what circumstances we’ll be able to reopen.”
Even when the casinos reopen, they won’t be operating at full capacity, said Mitchell. Every other machine will be shut down and table games may not be operating at all at first.
He continued, “Looking forward to when we could turn our attention to resuming construction in North Bay, the pressure right now is on reopening and we still don’t have a date for that. So it’s a little premature to be returning to construction in North Bay immediately based on the Premier’s announcement.”
