Author Archives: Natasha Akerman

GREAT CANADIAN GAMING ANNOUNCES AGREEMENT TO PURCHASE CASINO NEW BRUNSWICK

May 12, 2015 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian” or “the Company”) announced today that the Company has agreed to purchase the assets and undertaking of Casino New Brunswick (“CNB”) from Sonco Gaming New Brunswick Limited Partnership (“Sonco”), whose general partner is Sonco Gaming New Brunswick Limited, for approximately $95 million. The Company’s acquisition, which will be funded by existing cash balances, will include ownership and operation of CNB’s existing casino, hotel and a multi-use entertainment and convention centre. CNB, located in Moncton, New Brunswick, was developed by Sonco and commenced operations in May 2010. In 2014, the facility, which is the only full service casino in the province of New Brunswick, generated approximately $38 million in revenues. The purchase price represents an acquisition multiple of approximately 8.0x – 8.5x the casino’s 2014 normalized EBITDA.

“The acquisition of Casino New Brunswick represents an important opportunity for value creation and will allow Great Canadian to further expand its Canadian footprint,” stated Rod N. Baker, the Company’s President and Chief Executive Officer. “We are very much looking forward to the potential of working with the New Brunswick Lotteries and Gaming Corporation, the Department of Public Safety Gaming Control Branch and the City of Moncton. Casino New Brunswick is a high-quality gaming and entertainment facility that serves as both a local casino for guests from Moncton as well as a destination casino for guests from throughout New Brunswick and from other areas of Atlantic Canada. We are extremely excited at the prospect of welcoming CNB and its over 400 employees to the Great Canadian team.”

The Casino Service Provider Agreement with the New Brunswick Lotteries and Gaming Corporation operates until December 31, 2030. The purchase and sale of CNB remains subject to the consent of the New Brunswick Lotteries and Gaming Corporation and required regulatory approvals. The closing is expected to occur in the fall of 2015.

ABOUT GREAT CANADIAN GAMING CORPORATION
Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, and Washington State. The Company’s 16 gaming properties consist of three community gaming centres, four racetracks, and ten casinos, including one with a Four Diamond resort hotel.

Further information is available on the Company’s website, www.gcgaming.com.

DISCLAIMER
This press release contains certain “forward-looking information” or statements within the meaning of applicable securities legislation. Forward-looking information is based on the Company’s current expectations, estimates, projections and assumptions that were made by the Company in light of its historical trends and other factors. All information or statements, other than statements of historical fact, are forward-looking information including statements that address expectations, estimates or projections about the future, the Company’s strategy for growth and objectives, expected future expenditures, costs, operating and financial results, expected impact of future commitments, and expectations and implications of changes in legislation and government policies. Forward-looking information may be identified by words such as “anticipate”, “believe”, “expect”, or similar expressions. Such forward-looking information is not a guarantee of future performance and may involve a number of risks and uncertainties.

Although forward-looking information is based on information and assumptions that the Company believes are current, reasonable and complete, they are subject to unknown risks, uncertainties, and a number of factors that could cause actual results to vary materially from those expressed or implied by such forward-looking information. Such factors may include, but are not limited to: terms of operational services agreements with lottery corporations; changes to gaming laws that may impact the operational services agreements, pending, proposed or unanticipated regulatory or policy changes; the outcome of restructuring of gaming in Ontario; the Company’s ability to obtain and renew required business licenses, leases, and operational services agreements; the future of horse racing in Ontario, unanticipated fines, sanctions and suspensions imposed on the Company by its regulators; impact of global liquidity and credit availability; possible reassessments of the Company’s prior tax filings by tax authorities; adverse tourism trends and further decreases in levels of travel, leisure and consumer spending; competition from established competitors and new entrants in the gaming business; dependence on key personnel; the Company’s ability to manage its capital projects and its expanding operations; the risk that systems, procedures and controls may not be adequate to meet regulatory requirements or to support current and expanding operations; potential undisclosed liabilities and capital expenditures associated with acquisitions; negative connotations linked to the gaming industry; First Nations rights with respect to some land on which we conduct our operations; future or current legal proceedings; construction disruptions; financial covenants associated with credit facilities and long-term debt; credit, liquidity and market risks associated with our financial instruments; interest and exchange rate fluctuations; non-realization of cost reductions and synergies; demand for new products and services; fluctuations in operating results; economic uncertainty and financial market volatility; technology dependence; and privacy breaches or data theft. The Company cautions that this list of factors is not exhaustive. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. These factors and other risks and uncertainties are discussed in the Company’s continuous disclosure documents filed with the Canadian securities regulatory authorities from time to time, including in the “Risk Factors” section of the Company’s Annual Information Form for fiscal 2014, and as identified in the Company’s disclosure record on SEDAR at www.sedar.com.

Readers are cautioned not to place undue reliance on the forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur. The forward-looking information contained herein is made as of the date hereof, is subject to change after such date, and is expressly qualified in its entirety by cautionary statements in this press release. Forward-looking information is provided for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of the Company’s operating environment. The Company undertakes no obligation to publicly revise forward-looking information to reflect subsequent events or circumstances except as required by law.
The Company has included non-International Financial Reporting Standards (“non-IFRS”) measures in this press release. EBITDA, as defined by the Company, means earnings before interest and financing costs (net of interest income), income taxes, depreciation and amortization, share-based compensation, impairment reversal of long-lived assets, restructuring and other, and foreign exchange gain and other. EBITDA is derived from the statements of earnings, and can be computed as revenues less human resources expenses, and property, marketing and administration expenses. The Company believes EBITDA is a useful measure because it provides information to management about the operating and financial performance of the company and its ability to generate operating cash flow to fund future working capital needs, service outstanding debt, and fund future capital expenditures. EBITDA is also used by the investors and analysts for the purpose of valuing the Company. Normalized EBITDA, as defined by the Company, means EBITDA plus or minus items of note that management may reasonably quantify and that it believes will provide the reader with a better understanding of the company’s underlying business performance. Items of note may vary from time to time and may include adjustments for certain costs that are not expected to continue subsequent to acquisition and for anticipated revenues based on recent casino operating agreement amendments.

Readers are cautioned that these non-IFRS definitions are not recognized measures under International Financial Reporting Standards (“IFRS”), do not have standardized meanings prescribed by IFRS, and should not be construed to be alternatives to net earnings determined in accordance with IFRS or as indicators of performance or liquidity or cash flows. The Company’s method of calculating these measures may differ from methods used by other entities and accordingly our measures may not be comparable to similarly titled measures used by other entities or in other jurisdictions. The Company uses these measures because it believes they provide useful information to both management and investors with respect to the operating and financial performance of the company.

ON BEHALF OF GREAT CANADIAN GAMING CORPORATION
“Original Signed By Rod N. Baker”
_____________________
Rod N. Baker
President and Chief Executive Officer
GREAT CANADIAN GAMING CORPORATION [TSX:GC] Suite #350 – 13775 Commerce Parkway
Richmond, BC
V6V 2V4
(604) 303-1000
Website: www.gcgaming.com

For investor enquiries:
Email: ir@gcgaming.com
or
Ms. Tanya Ruskowski
Executive Assistant to the President & CEO and the CFO
(604) 303-1000

For media enquiries:
Mr. Chuck Keeling
Vice-President, Stakeholder Relations and Responsible Gaming
(604) 303-101

 

GREAT CANADIAN GAMING WITHDRAWS CONSENT SOLICITATION WITH RESPECT TO 6.625% SENIOR UNSECURED NOTES

May 8, 2015 – Richmond, BC –  Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian” or the “Company”) announces today that it has elected to withdraw its solicitation of consents (the “Consent Solicitation”) from holders (“Holders”) of its 6.625% Senior Unsecured Notes in the principal amount of $450,000,000 due July 25, 2022 (the “Notes”) to effect certain amendments to the indenture governing the terms of the Notes (the “Proposed Amendments”) as set out in the Consent Solicitation Statement dated April 27, 2015.

Any Holder who has delivered a valid consent in respect of the Proposed Amendments (“Consent”) will have such Consent voided and such Holders will not receive any fees from Great Canadian relating to the Consent Solicitation, including, for greater certainty, the Consent Fee described in the Consent Solicitation Statement. Great Canadian will not amend the indenture governing the terms of the Notes as set out in the Consent Solicitation Statement.

 

ABOUT GREAT CANADIAN GAMING CORPORATION
Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, and Washington State. The Company’s 17 gaming properties consist of three community gaming centres, four racetracks, and ten casinos, including one with a Four Diamond hotel resort. As of March 31, 2015, the Company had approximately 3,900 employees in Canada and 500 in Washington State. Further information is available on the Company’s website, www.gcgaming.com.

 

DISCLAIMER
This press release contains certain “forward-looking information” or statements within the meaning of applicable securities legislation. Forward-looking information is based on the Company’s current expectations, estimates, projections and assumptions that were made by the Company in light of its historical trends and other factors. All information or statements, other than statements of historical fact, are forward-looking information including statements that address expectations, estimates or projections about the future. Forward-looking information may be identified by words such as “anticipate”, “believe”, “expect”, or similar expressions. Such forward-looking information is not a guarantee of future performance and may involve a number of risks and uncertainties.

Although forward-looking information is based on information and assumptions that the Company believes are current, reasonable and complete, they are subject to unknown risks, uncertainties, and a number of factors that could cause actual results to vary materially from those expressed or implied by such forward-looking information. Such factors may include, but are not limited to: terms of operational service agreements with lottery corporations; changes to gaming laws that may impact our operational service agreements; pending, proposed or unanticipated regulatory or policy changes; the outcome of restructuring of gaming in Ontario; the Company’s ability to obtain and renew required business licenses, leases, and operational services agreements; the future of horse racing in Ontario; unanticipated fines, sanctions and suspensions imposed on the Company by its regulators; impact of global liquidity and credit availability; possible reassessments of the Company’s prior tax filings by tax authorities; adverse tourism trends and further decreases in levels of travel, leisure and consumer spending; competition from established competitors and new entrants in the gaming business; dependence on key personnel; the Company’s ability to manage its capital projects and its expanding operations; the risk that systems, procedures and controls may not be adequate to meet regulatory requirements or to support current and expanding operations; potential undisclosed liabilities and capital expenditures associated with acquisitions; negative connotations linked to the gaming industry; First Nations rights with respect to some land on which we conduct our operations; future or current legal proceedings; construction disruptions; financial covenants associated with credit facilities and long-term debt; credit, liquidity and market risks associated with our financial instruments; interest and exchange rate fluctuations; non-realization of cost reductions and synergies; demand for new products and services; fluctuations in operating results; economic uncertainty and financial market volatility; technology dependence; and privacy breaches or data theft. The Company cautions that this list of factors is not exhaustive. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. These factors and other risks and uncertainties are discussed in the Company’s continuous disclosure documents filed with the Canadian securities regulatory authorities from time to time, including in the “Risk Factors” section of the Company’s Annual Information Form for fiscal year 2014, and as identified in the Company’s disclosure record on SEDAR at www.sedar.com.

Readers are cautioned not to place undue reliance on the forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur. The forward-looking information contained herein is made as of the date hereof and is subject to change after such date, and is expressly qualified in its entirety by cautionary statements in this press release. Forward-looking information is provided for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of the Company’s operating and financial environment. The Company undertakes no obligation to publicly revise forward-looking information to reflect subsequent events or circumstances except as required by law.

 

ON BEHALF OF GREAT CANADIAN GAMING CORPORATION
“Original Signed By Rod N. Baker”
_____________________
Rod N. Baker
President and Chief Executive Officer

GREAT CANADIAN GAMING CORPORATION [TSX:GC] Suite #350 – 13775 Commerce Parkway
Richmond, BC
V6V 2V4
Phone: (604) 303-1000
Website: www.gcgaming.com

For enquiries:
ir@gcgaming.com
or
Ms. Tanya Ruskowski
Executive Assistant to the President and Chief Executive Officer and the Chief Financial Officer
(604) 303-1000

GREAT CANADIAN GAMING ANNOUNCES FIRST QUARTER 2015 RESULTS

May 6, 2015 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian,” or “the Company”) today announced its financial results for the three month
period (the “first quarter”) ended March 31, 2015.

FIRST QUARTER 2015 HIGHLIGHTS

– Revenues of $108.0 million in the first quarter, a 4% increase when compared to same period in the prior year.

– EBITDA(1) of $41.1 million in the first quarter, an 8% increase when compared to the same period in the prior year.

– Adjusted net earnings(1) of $16.9 million in the first quarter, a 27% increase, when compared to the same period in the prior year.

– First quarter revenues at River Rock Casino Resort increased by 3% to $47.4 million.

– First quarter revenues and EBITDA at Hard Rock Casino Vancouver increased by 6% and 41%, respectively, to $13.4 million and $4.1 million.

READ MORE HERE

Frankie Valli and the Four Seasons’ 2015 Tour Includes Date at River Rock Casino Resort

RICHMOND, BC (May 4, 2015)

Legendary music icon Frankie Valli will be thrilling fans when he and the Four Seasons will be performing for one night only at the River Rock Casino Resort on Wednesday, September 2, 2015.

Best known as the frontman for the Four Seasons, Valli scored a total of twenty-nine Top 40 hits with the group and nine Top 40 hits as a solo artist. The group’s hits include “Sherry”, “Big Girls Don’t Cry”, “Walk Like a Man”, “Let’s Hang On”, “Working My Way Back to You”, “Who Loves You” and “December, 1963 (Oh, What A Night)”. His solo hits include “Can’t Take My Eyes Off Of You”, “My Eyes Adored You” and “Grease”.

And thanks to the volcanic success of the Tony Award-winning musical, Jersey Boys – which will be celebrating its tenth season on Broadway in November – and Clint Eastwood’s 2014 film adaptation of the musical, Valli’s songs are all the rage once again. His 2015 tour will include not only dates in North America but in the UK as well.

Tickets go on sale on Thursday, May 7, 2015 at 10:00 am and are $119.50 & $109.50 (plus service charges). For more information and to purchase tickets, go to RiverRock.com.

About River Rock Casino Resort:

River Rock Casino Resort is the largest casino in the province of British Columbia located in the City of Richmond where the Canada Line Bridgeport Station is at its doorstep. The casino features over 1,100 slot machines along with table games, a Poker Room, three high-limit rooms and various dining options including The Buffet, Tramonto and Curve. Live entertainment options include Lulu’s Lounge and the 950-seat River Rock Show Theatre. The property is complemented by a lavish all-suite 4 Diamond hotel and a 196-room hotel adjacent to the casino.

River Rock Casino Resort is owned by Great Canadian Gaming Corporation, Canada’s largest gaming service and hospitality operator with 16 facilities located throughout BC, Ontario, Nova Scotia and Washington State.

MEDIA CONTACT:

Donnie Gordon
Manager, Entertainment Publicity
Great Canadian Gaming Corporation
604.247.4127
dgordon@gcgaming.com

Frankie Valli and the Four Seasons’ 2015 Tour Includes Date at River Rock Casino Resort

RICHMOND, BC (May 4, 2015)

Legendary music icon Frankie Valli will be thrilling fans when he and the Four Seasons will be performing for one night only at the River Rock Casino Resort on Wednesday, September 2, 2015.

Best known as the frontman for the Four Seasons, Valli scored a total of twenty-nine Top 40 hits with the group and nine Top 40 hits as a solo artist. The group’s hits include “Sherry”, “Big Girls Don’t Cry”, “Walk Like a Man”, “Let’s Hang On”, “Working My Way Back to You”, “Who Loves You” and “December, 1963 (Oh, What A Night)”. His solo hits include “Can’t Take My Eyes Off Of You”, “My Eyes Adored You” and “Grease”.

And thanks to the volcanic success of the Tony Award-winning musical, Jersey Boys – which will be celebrating its tenth season on Broadway in November – and Clint Eastwood’s 2014 film adaptation of the musical, Valli’s songs are all the rage once again. His 2015 tour will include not only dates in North America but in the UK as well.

Tickets go on sale on Thursday, May 7, 2015 at 10:00 am and are $119.50 & $109.50 (plus service charges). For more information and to purchase tickets, go to RiverRock.com.

About River Rock Casino Resort:

River Rock Casino Resort is the largest casino in the province of British Columbia located in the City of Richmond where the Canada Line Bridgeport Station is at its doorstep. The casino features over 1,100 slot machines along with table games, a Poker Room, three high-limit rooms and various dining options including The Buffet, Tramonto and Curve. Live entertainment options include Lulu’s Lounge and the 950-seat River Rock Show Theatre. The property is complemented by a lavish all-suite 4 Diamond hotel and a 196-room hotel adjacent to the casino.

River Rock Casino Resort is owned by Great Canadian Gaming Corporation, Canada’s largest gaming service and hospitality operator with 16 facilities located throughout BC, Ontario, Nova Scotia and Washington State.

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MEDIA CONTACT:
Donnie Gordon
Manager, Entertainment Publicity
Great Canadian Gaming Corporation
604.247.4127
dgordon@gcgaming.com

Hard Rock Casino Vancouver to Present the Second Annual Ultimate Car Show and Count’s 77 on July 18

COQUITLAM, B.C. (April 30, 2015)

On July 18, Hard Rock Casino Vancouver will once again partner with one of Canada’s premier custom car companies, 360 Fabrication Inc. of Abbotsford, and host the Second Annual Ultimate Car Show. In addition, the day’s event will be topped off by Count’s 77 evening performance in the theatre.

“Last year’s car show was a tremendous success and we are looking to build an even better experience this year by adding Count’s 77 to the mix. Their signature classic rock sound is a perfect pairing for the Ultimate Car Show that blends rock and roll with the best exotic, classic and muscle cars in Western Canada,” said Raj Mutti, Executive Director, Hard Rock Casino Vancouver.

Rain or shine, the Ultimate Car Show is a free community event that will take place at the Hard Rock Casino parking lot from 2pm until 6pm and will feature over 350 premier, classic and specialty vehicles. The event is open to all wishing to display their collector, specialty exotic or muscle cars. Proceeds from the $20 registration fee will go to support SHARE Family & Community Services Society, Hard Rock Casino Vancouver’s signature charitable partner.

The judging panel will award prizes in eight categories including a $2,500 ‘winner take all’ prize for the Best in Show. Those interested in displaying their exotic, custom or muscle car should call 360 Fabrication at 604-859-3608 to register.

Tickets for Count’s 77 performance go on sale on Friday, May 1, 2015 at 10:00 am and are $29.50 (plus service charges) – General Admission & Reserved Balcony and $24.50 (plus service charges) – Mezzanine. For more information and to purchase tickets, go to HardRockCasinoVancouver.com.

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About 360 Fabrication Inc:
360 Fabrication Inc. is an Abbotsford, BC based collision, audio and custom car company. 360 Fabrication is now Canada’s largest custom car shop, one of the ten largest automotive and marine audio companies and a CARSTAR certified collision repair shop. For more information about 360 Fabrication visit: www.360Fabrication.com

Count’s 77 To Rev It Up At Hard Rock Casino Vancouver

COQUITLAM, BC (April 27, 2015)

Count’s 77 will be bringing their signature blues-infused classic rock sound to Hard Rock Casino Vancouver on Saturday, July 18, 2015.

Hailing from Las Vegas, Count’s 77 is led by Danny “Count” Koker who was singing long before he found international fame as the owner of Count’s Kustoms, his hot rod and chopper shop. Koker can also be seen starring on the hit television series, Counting Cars which is currently enjoying its fourth season on History.

Lead guitarist Stoney Curtis has also amassed an international following as a recording and touring blues artist releasing his critically acclaimed live double-album, Stoney Curtis Band in 2012. Guitarist John Zito, bassist Barry Barnes, drummer Paul DiSibio and keyboard Tommy Paris round out the band’s line-up.

The six powerhouse musicians attribute the 70’s genre specification to musical roots as diverse as Thin Lizzy, Foghat, The Allman Brothers and Led Zeppelin. With viewers of Koker’s reality show spanning from North America to Europe and from South America to Japan, the band’s fan base is also now reaching far and wide.

Count’s 77’s evening performance in the theatre will cap off Hard Rock Casino Vancouver’s 2nd Annual Ultimate Car Show. The increasingly popular Show ‘N’ Shine event will be taking place during the day and is open to all wishing to display their collector, specialty exotic or muscle cars.

Tickets go on sale on Friday, May 1, 2015 at 10:00 am and are $29.50 – Cabaret Seating (plus service charges) & $24.50 (plus service charges) – Balcony Seating. For more information and to purchase tickets, go to HardRockCasinoVancouver.com.

About Hard Rock Casino Vancouver:

Hard Rock Casino Vancouver is situated in the thriving City of Coquitlam, British Columbia in Metro Vancouver and is home to unparalleled entertainment, dining and gaming offerings. With an 80,000 square foot casino floor, Hard Rock Casino Vancouver offers more than 950 interactive slot machines and popular table games such as blackjack, roulette, baccarat, poker, pai gow, craps, VIP high limit salons and others. With multiple performance spaces including a state-of-the-art 1,100 seat theatre, Hard Rock Casino Vancouver boasts the best in music and comedy as well as local artists. To complement the gaming and entertainment experience, Hard Rock Casino Vancouver serves a variety of culinary options and is home to chefs that dish up unique and flavourful fare in a modern atmosphere. For the latest news and events, follow Hard Rock Casino Vancouver on Facebook facebook.com/HardRockCasinoVancouver and Twitter twitter.comHardRockCasinoV.

Hard Rock Casino Vancouver is owned and operated by Great Canadian Gaming Corporation under license from HRHH IP, LLC (“HRHH”). Hard Rock Hotel & Casino in Las Vegas is the flagship property owned by an affiliate of HRHH.

MEDIA CONTACT:
Donnie Gordon
Manager, Entertainment Publicity
Great Canadian Gaming Corporation
604.247.4127
dgordon@gcgaming.com

GREAT CANADIAN GAMING INITIATES CONSENT SOLICITATION WITH RESPECT TO 6.625% SENIOR UNSECURED NOTES TO ALLOW INCREASED FINANCIAL FLEXIBILITY

April 27, 2015 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian” or the “Company”) announces today that it will commence a solicitation of consents (the “Consent Solicitation”) to amend the trust indenture (the “Indenture”) governing its 6.625% Senior Unsecured Notes in the principal amount of $450,000,000 due July 25, 2022 (the “Notes”).

The purpose of the Consent Solicitation is to obtain approval for certain amendments to the Indenture (the “Proposed Amendments”) which, if approved, would provide the Company with greater flexibility to make payments that would be otherwise restricted under the terms of the Indenture. The increased flexibility would allow the Company, amongst other things, greater freedom during the remaining 7-year term of the Notes to repurchase its common shares, pay cash dividends on all of its capital stock and make distributions to its shareholders. While it is always evaluating its options, the Company has no immediate plans to repurchase its securities (other than, if market opportunities arise, the amount of common shares permitted under its normal course issuer bid), pay dividends or make other distributions to its shareholders.

The Consent Solicitation will be open until 5:00 p.m. (Eastern Time) on May 8, 2015, unless extended or cancelled by the Company. The record date for purposes of the Consent Solicitation is April 24, 2015.

Provided the Proposed Amendments are implemented, the Company will pay a one-time consent fee equal to $5.00 per $1,000 principal amount of the Notes to holders who validly consent to the Proposed Amendments by the expiration date of the Consent Solicitation.

A full description of the Proposed Amendments, along with the terms and conditions of the Consent Solicitation, will be set out in a consent solicitation statement (the “Consent Solicitation Statement”) that will be mailed to holders of the Notes and filed on SEDAR. The Proposed Amendments require the consent of the holders of at least a majority of the principal amount of the outstanding Notes.

Beneficial owners of Notes that are held in the name of a broker, dealer, commercial bank, trust company or other intermediary, or in the name of a clearing agency of which
such intermediary is a participant, should contact such intermediary promptly and obtain and follow their intermediary’s instructions with respect to the applicable consent procedures and deadlines, which may be earlier than the deadlines set out in the Consent Solicitation Statement.

This press release is neither a solicitation of consents, an offer to purchase the Notes nor a solicitation of an offer to sell securities. The Consent Solicitation is being made solely by the Consent Solicitation Statement.

Requests for assistance in completing an appropriate consent form, requests for copies of the Consent Solicitation Statement, an appropriate consent form or other related documents or questions concerning the terms of the Consent Solicitation should be directed either to the Lead Solicitation Agent, Scotia Capital Inc., at 40 King Street West, 68th Floor, Toronto, Ontario, Canada, M5H 1H1 or by calling Michael Lay, Managing Director & Head of Syndication, at 416-863-7257 (toll free 1(888) 776-3666), or to the Information Agent, D.F. King Canada at 1-800-398-1272.

ABOUT GREAT CANADIAN GAMING CORPORATION
Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, and Washington State. The Company’s 17 gaming properties consist of three community gaming centres, four racetracks, and ten casinos, including one with a Four Diamond hotel resort. As of December 31, 2014, the Company had approximately 3,900 employees in Canada and 600 in Washington State. Further information is available on the Company’s website, www.gcgaming.com.

DISCLAIMER
This press release contains certain “forward-looking information” or statements within the meaning of applicable securities legislation. Forward-looking information is based on the Company’s current expectations, estimates, projections and assumptions that were made by the Company in light of its historical trends and other factors. All information or statements, other than statements of historical fact, are forward-looking information including statements that address expectations, estimates or projections about the future and the timing and terms of the Consent Solicitation. Forward-looking information may be identified by words such as “anticipate”, “believe”, “expect”, or similar expressions. Such forward-looking information is not a guarantee of future performance and may involve a number of risks and uncertainties.

Although forward-looking information is based on information and assumptions that the Company believes are current, reasonable and complete, they are subject to unknown risks, uncertainties, and a number of factors that could cause actual results to vary materially from those expressed or implied by such forward-looking information. Such factors may include, but are not limited to: terms of operational service agreements with lottery corporations; changes to gaming laws that may impact our operational service agreements; pending, proposed or unanticipated regulatory or policy changes; the outcome of restructuring of gaming in Ontario; the Company’s ability to obtain and renew required business licenses, leases, and operational services agreements; the future of horse racing in Ontario; unanticipated fines, sanctions and suspensions imposed on the Company by its regulators; impact of global liquidity and credit availability; possible reassessments of the Company’s prior tax filings by tax authorities; adverse tourism trends and further decreases in levels of travel, leisure and consumer spending; competition from established competitors and new entrants in the gaming business; dependence on key personnel; the Company’s ability to manage its capital projects and its expanding operations; the risk that systems, procedures and controls may not be adequate to meet regulatory requirements or to support current and expanding operations; potential undisclosed liabilities and capital expenditures associated with acquisitions; negative connotations linked to the gaming industry; First Nations rights with respect to some land on which we conduct our operations; future or current legal proceedings; construction disruptions; financial covenants associated with credit facilities and long-term debt; credit, liquidity and market risks associated with our financial instruments; interest and exchange rate fluctuations; non-realization of cost reductions and synergies; demand for new products and services; fluctuations in operating results; economic uncertainty and financial market volatility; technology dependence; and privacy breaches or data theft. The Company cautions that this list of factors is not exhaustive. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. These factors and other risks and uncertainties are discussed in the Company’s continuous disclosure documents filed with the Canadian securities regulatory authorities from time to time, including in the “Risk Factors” section of the Company’s Annual Information Form for fiscal year 2014, and as identified in the Company’s disclosure record on SEDAR at www.sedar.com.

Readers are cautioned not to place undue reliance on the forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur. The forward-looking information contained herein is made as of the date hereof and is subject to change after such date, and is expressly qualified in its entirety by cautionary statements in this press release. Forward-looking information is provided for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of the Company’s operating and financial environment. The Company undertakes no obligation to publicly revise forward-looking information to reflect subsequent events or circumstances except as required by law.

ON BEHALF OF
GREAT CANADIAN GAMING CORPORATION
“Original signed by Rod N. Baker”
_____________________
Rod N. Baker
President and Chief Executive Officer
GREAT CANADIAN GAMING CORPORATION [TSX:GC] Suite #350 – 13775 Commerce Parkway
Richmond, BC
V6V 2V4
Phone: (604) 303-1000
Website: www.gcgaming.com

For enquiries:
ir@gcgaming.com
or
Ms. Tanya Ruskowski
Executive Assistant to the President and Chief Executive Officer and the Chief Financial Officer
(604) 303-1000

Culture Club’s North American Tour Kicks Off at Hard Rock Casino Vancouver and River Rock Casino Resort

RICHMOND, BC (April 24, 2015)

With all of the original members – Boy George, Mikey Craig, Roy Hay and Jon Moss – back in the fold, Grammy Award-winning band Culture Club will be embarking on their reunion tour this summer. The highly-anticipated tour will kick off at Hard Rock Casino Vancouver on Friday, July 17, 2015 and at River Rock Casino Resort on Saturday, July 18, 2015 marking the first time in fifteen years that the group has played together in North America.

Formed in 1981 in London, Culture Club catapulted to international fame after the release of their #1 single, “Do You Really Want to Hurt Me” the following year. They went on to achieve nine Top 10 singles in the US and Canada selling over 50 million albums worldwide. Their additional chart-topping hits include “I’m Afraid of Me”, “Time (Clock of the Heart)”, “I’ll Tumble 4 Ya”, “Church of the Poison Mind”, “Karma Chameleon”, “Miss Me Blind”, “It’s a Miracle” and “The War Song”.

Although the group eventually went their separate ways in 1986, Boy George has continued to remain a global icon. In addition to the comeback tour, he and the band have recorded a new studio album, Tribes which is set for release later this year. The album will feature their lead single, “More Than Silence”.

Tickets for both shows go on sale on Thursday, April 30, 2015 at 10:00 am and are $129.50 (plus service charges) – General Admission & $149.50 (plus service charges) – Reserved Balcony. For more information and to purchase tickets, go to HardRockCasinoVancouver.com and RiverRock.com.

About Hard Rock Casino Vancouver:

Hard Rock Casino Vancouver is situated in the thriving City of Coquitlam, British Columbia in Metro Vancouver and is home to unparalleled entertainment, dining and gaming offerings. With an 80,000 square foot casino floor, Hard Rock Casino Vancouver offers more than 950 slot machines and table games, VIP high limit salons and others. With performance spaces including a state-of-the-art 1,100 seat theatre, the casino boasts the best in entertainment. To complement the gaming and entertainment experience, Hard Rock Casino Vancouver serves a variety of culinary options and is home to chefs that dish up unique and flavourful fare in a modern atmosphere.

Hard Rock Casino Vancouver is owned and operated by Great Canadian Gaming Corporation under license from HRHH IP, LLC (“HRHH”). The Hard Rock Hotel & Casino in Las Vegas is the flagship property owned by an affiliate of HRHH.

About River Rock Casino Resort:

River Rock Casino Resort is the largest casino in the province of British Columbia located in the City of Richmond where the Canada Line Bridgeport Station is at its doorstep. The casino features over 1,100 slot machines along with table games, a Poker Room, three high-limit rooms and various dining options including The Buffet, Tramonto and Curve. Live entertainment options include Lulu’s Lounge and the 950-seat River Rock Show Theatre. The property is complemented by a lavish all-suite 4 Diamond hotel and a 196-room hotel adjacent to the casino.

River Rock Casino Resort is owned by Great Canadian Gaming Corporation, Canada’s largest gaming service and hospitality operator with 16 facilities located throughout BC, Ontario, Nova Scotia and Washington State.

MEDIA CONTACT:

Donnie Gordon
Manager, Entertainment Publicity
Great Canadian Gaming Corporation
604.247.4127
dgordon@gcgaming.com

GREAT CANADIAN GAMING TO REPORT FIRST QUARTER 2015 RESULTS ON MAY 6

April 21, 2015 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“the Company”) announced that it will release its financial results for the three month period ended March 31, 2015 after the market close on May 6, 2015. 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. The following senior management will be available to answer analyst and investor questions:

– Mr. Rod N. Baker, President & Chief Executive Officer
– Mr. Kiran S. Rao, Chief Financial Officer
– Mr. Terrance Doyle, Executive Vice President, BC Operations and Development
– Mr. Peter Goudron, Executive Vice President, Strategic Resources
– Mr. Victor Poleschuk, Executive Vice President, Operations-East

The first quarter 2015 results press release, condensed interim consolidated financial statements, and management’s discussion and analysis will be available on the Company’s website, www.gcgaming.com, on May 6, 2015 after 1:10 PM Pacific. This information will also be available on www.sedar.com on May 7, 2015.

The conference call may be accessed via the Investor Relations section of the Company’s website, www.gcgaming.com. The conference call may also be accessed by dialing 416-764-8688, 778-383-7413 or toll free at 888-390-0546 (Passcode: 01014893). Questions will be reserved for analysts and investors.

Following completion of the call, a replay will be available via the Company’s website, www.gcgaming.com.

ABOUT GREAT CANADIAN GAMING CORPORATION

Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, Nova Scotia, and Washington State. The Company’s 16 gaming properties consist of three community gaming centres, four racetracks, and nine casinos, including one with a Four Diamond resort hotel. Further information is available on the Company’s website, www.gcgaming.com.

Great Canadian Gaming to Report First Quarter 2015 Results on May 6

April 21, 2015 – Page 2
Great Canadian Gaming Corporation
Suite #350 – 13775 Commerce Parkway
Richmond, BC
V6V 2V4
(604) 303-1000
Website: www.gcgaming.com

For investor enquiries:
Email: ir@gcgaming.com
or
Ms. Tanya Ruskowski
Executive Assistant to the President & CEO and the CFO
(604) 303-1000

For media enquiries:
Mr. Chuck Keeling
Vice-President, Stakeholder Relations and Responsible Gaming
(604) 303-1018