Gateway Casinos & Entertainment Ltd. has announced it has set aside $100 million to “revitalize and enhance” gaming in Northern Ontario.
The company made the announcement on May 30 after signing a 20-year Casino Operating and Services Agreement with the Ontario Lottery and Gaming Corporation (OLG) and purchasing the business and assets of the North Gaming Bundle.
“Gateway’s growth strategy and focus on a superior customer experience revolves around investing in the company’s unique gaming properties and creating a broader attraction across numerous demographics,” said Gabriel de Alba, Gateway’s executive chairman, in a release.
“Our success has resulted in significant job creation across the communities where we operate in Western Canada. We are bringing this same approach to Northern Ontario with a planned investment of over $100 million to revitalize and enhance the gaming and entertainment landscape in the North.”
The Northern Gaming Bundle consists of gaming operations in Sault Ste. Marie, Thunder Bay, and Sudbury, as well as planned new builds in North Bay and Kenora.
Gateway was chosen as the preferred casino operator by the province last December, and this spring, the company announced a regional director for the operation would be located in the Sault.
The company was additionally awarded the Southern Gaming Bundle, which includes six properties across southern Ontario.
The company has 26 properties and 6,100 employees working at sites across the country.