Gateway Casinos & Entertainment Ltd. has announced that it will build a casino on a 7.5-acre parcel of land at Wasaga Beach in Ontario, pending provincial and municipal approvals. If all goes as planned, groundbreaking will take place this spring.
“We are very pleased to announce that we expect to soon be able to move forward with our plans to build an exciting new casino and entertainment destination in the town of Wasaga Beach,” said Keith Andrews, senior vice president and managing director for Gateway Casinos Ontario. “We look forward to receiving all the necessary approvals and concluding the land transaction so we can start construction as quickly as possible.”
Wasaga Beach Mayor Nina Bifolchi welcomed the development, expected to open in 2020. “We are thrilled that Gateway has settled on a site that will best meet its business needs and we look forward to the construction phase starting,” she said. “We know that Gateway has a tremendous track record in its industry, they are truly leaders, and we look forward to a strong and positive relationship with them in Wasaga Beach.
“We will also be looking at 1.5 to 2-million-dollars a year coming to the town to use for things in our community,” Bifolchi said.
Gateway is on a roll, having recently completed an $18 million renovation and rebranding of Gateway Casinos Hanover site, now Playtime Hanover. The company is currently finishing a new $36 million Cascades Casino in Chatham-Kent, expected to open this July. Gateway recently opened its first Starlight Casino in Point Edward, Ontario after a $26 million renovation. Last month Gateway added 26 live table games to the Gateway Innisfil casino.
