November 28, 2016 – Coquitlam, BC – Great Canadian Gaming Corporation [TSX:GC]
(“the Company”) announces that Mr. Andreas M. Thompson has been appointed Chief
Financial Officer (“CFO”) of the Company. Mr. Thompson joined the Company as a
financial consultant on September 19, 2016. The Board of Directors welcomes him to his
new executive role as CFO.
Author Archives: Natasha Akerman
River Rock Casino Resort Announces the Winners of the Canadian Mahjong Championship Finals
Richmond, B.C. (November 16, 2016) – River Rock Casino Resort is pleased to announce that the winner of the 2016 Canadian Mahjong Championship Finals is Mr. Woon Fai Wong who took home more than $14,000 in prizes along with the coveted title of 2016 Canadian Mahjong Champion.
On Nov. 12 and 13, River Rock Casino Resort hosted the Canadian Championship Finals where players competed for a chance to advance to the World Series of Mahjong Main Event Finals which will be held at the Venetian Macao early next year.
Great Canadian Gaming Insider Intends to Sell Shares
November 17, 2016 – Coquitlam, BC – Great Canadian Gaming Corporation [TSX:GC] (“the Corporation”) announces today that Neil W. Baker (the “Insider”) has entered into a secondary offering with Canaccord Genuity Group Inc. (“Genuity”) whereby the Insider has agreed to sell 6 million common shares of the Corporation and, in addition, grant Genuity an option to increase the secondary offering by an additional 2 million common shares all at a price of $23.25 per common share.
GREAT CANADIAN GAMING ANNOUNCES THIRD QUARTER 2016 RESULTS
November 8, 2016 – Coquitlam, BC – Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian,” or “the Company”) today announced its financial results for the three month period ended September 30, 2016 (the “third quarter”).
THIRD QUARTER 2016 HIGHLIGHTS
- Revenues of $151.2 million, increased by 30% when compared to the same period in the prior year.
- Adjusted EBITDA(1) of $62.9 million, increased by 32% when compared to the same period in the prior year.
- Shareholder’s net earnings of $26.9 million, increased by 23% when compared to the same period in the prior year.
- Adjusted shareholders’ net earnings(1) of $27.4 million, increased by 21% when compared to the same period in the prior year. Adjusted shareholders’ net earnings(1) per common share of $0.45 cents, increased by 32% when compared to the same period in the prior year.
- Construction of the new Shorelines Casino in Belleville, Ontario targeted to reach completion by the end of 2016.
- The Company submitted a bid on the Request for Proposal (“RFP”) for Ontario Lottery and Gaming Corporation’s (“OLG”) Gaming Bundle 4 (Southwest) and has recently been pre-qualified to submit an RFP for OLG’s Gaming Bundle 6 (West GTA) and Gaming Bundle 1 (Ottawa).
- The Company has, subject to applicable gaming regulatory registration requirements, engaged Andreas Thompson to the role of Chief Financial Officer. Mr. Thompson’s appointment will become effective upon receipt of regulatory approvals which are anticipated to be received by the end of 2016.
First Canadian Casino & Racetrack to Host an eSports Tournament Located in Surrey, British Columbia
Surrey, BC (November 1, 2016) – Elements Casino is proud to announce that it will be the first casino & racetrack in Canada to host and co-present the inaugural eSports Street Fighter V Tournament on Saturday, Dec. 3, 2016.
The event will officially launch the Grand Opening of the Elements eSports Lounge, home to all future eSports activities, tournaments and events in British Columbia. READ MORE
GREAT CANADIAN GAMING TO REPORT THIRD QUARTER 2016 RESULTS ON NOVEMBER 8
October 21, 2016 – Coquitlam, BC – Great Canadian Gaming Corporation [TSX:GC] (“the Company”) announced that it will release its financial results for the three month period ended September 30, 2016 (the “third quarter”) after market close on November 8, 2016. The Company will also host a conference call on that date at 2:00 PM Pacific, at which time management will both review the financial results and discuss the progress of the business.
Shorelines Casinos Welcome New Vice President of Operations and Executive Director of Stakeholder Relations in the Province of Ontario
Peterborough/Gananoque, ON (September 27, 2016): Great Canadian Gaming Corporation (GCGC) is pleased to announce that the company’s Shorelines Casinos operations are welcoming Craig DeMarta to the position of Vice President, Operations East and celebrating Andy LaCroix’s new role as Executive Director, Stakeholder Relations, in the Province of Ontario.
DeMarta will now oversee and be responsible for the overall strategic direction, development and management of all Shorelines Casino locations which includes Shorelines Casino Thousand Islands, Shorelines Slots at Kawartha Downs and the future Shorelines Casino Belleville.
VIEW ROYAL CASINO TO UNDERGO EXTENSIVE REDEVELOPMENT
September 20, 2016, Vancouver, B.C., – Great Canadian Gaming Corporation [TSX: GC] and BCLC have announced plans to enhance gaming and entertainment options at the View Royal Casino. The planned upgrades are designed to respond to the growth opportunity in the Greater Victoria marketplace.
Since 2001, the View Royal Casino has been providing casino entertainment in the Greater Victoria area.
View Royal Casino to Undergo Extensive Redevelopment
September 20, 2016, Vancouver, B.C., – Great Canadian Gaming Corporation [TSX: GC] and BCLC have announced plans to enhance gaming and entertainment options at the View Royal Casino. The planned upgrades are designed to respond to the growth opportunity in the Greater Victoria marketplace.
Since 2001, the View Royal Casino has been providing casino entertainment in the Greater Victoria area.
Shorelines Casino Thousand Islands and Shorelines Slots at Kawartha Downs to Participate in the Annual Great Canadian Shorelines Clean Up
Peterborough/Gananoque, ON. (September 12, 2016): As active community participants who are passionate about protecting and preserving their local environments, both Shorelines Casino Thousand Islands and Shorelines Slots Kawartha Downs will be participating in the Annual Great Canadian Shorelines Clean Up. On September 14, the team from Shorelines Casino Thousand Islands will clean-up the Joel Stone Heritage Park, located in the Town of Gananoque, starting at 10am.