May 11, 2009 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“the Company”) announces its financial results for the three month period ended March 31, 2009 (“first quarter of 2009”).
CLICK TO READ >> GREAT CANADIAN GAMING ANNOUNCES 2009 FIRST QUARTER RESULTS REVENUES DECLINE MORE THAN OFFSET BY EXPENSE REDUCTIONS
April 28, 2009 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that it will release its financial results for the three month period ended March 31, 2009 after the market close on Monday, May 11. The Company will also host a conference call and simultaneous webcast at 2:00 p.m. Pacific on Monday, May 11, at which time management will both review details of the financial results for the first quarter of 2009 and discuss the progress of the business.
The 2009 first quarter results press release, interim financial statements, and management’s discussion and analysis will be available on the Company’s website, www.gcgaming.com, after the market close on Monday, May 11. This information will also be available on www.sedar.com on Tuesday, May 12.
The conference call number is 416-695-6272, or toll free at 800-766-6630; please call five minutes in advance to ensure that you are connected prior to the presentation. The call may also be accessed via the Internet at www.gcgaming.com; please allow 15 minutes for both registration and the installation of any necessary software. Questions will be reserved for analysts and investors. Following completion of the call, a replay will be available until May 18, 2009. This replay can be accessed by dialing 416-695-
5800, or toll free at 800-408-3053 (Passcode: 3283426). A replay of the call will also be available at www.gcgaming.com.
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company’s website, www.gcgaming.com.
For further information, please contact:
Company Media
Nathan Sellyn Howard Blank
(604) 303-6164 (604) 512-6066 nsellyn@gcgaming.com Fax: (604) 279-8605 www.gcgaming.com
February 26, 2009 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that it will release its financial results for the three and twelve month periods ended December 31, 2008 after the market close on Monday, March 9. The Company will also host a conference call and simultaneous webcast at 2:00PM Pacific on that day, at which time management will both review details of the financial results and discuss the progress of Great Canadian’s business.
The 2008 fourth quarter and year end results press release, interim financial statements, and management’s discussion and analysis will be available on the Company’s website, www.gcgaming.com, after the market close on Monday, March 9. This information will also be available on www.sedar.com on Tuesday, March 10.
The conference call number is 416-695-6272, or toll free at 800-766-6630. The call may also be accessed via the Internet at www.gcgaming.com. Questions will be reserved for analysts and investors. Following completion of the call, a replay will be available until March 16, 2009. This replay can be accessed by dialing 416-695-5800, or toll free at 800-408-3053 (Passcode:
3283426). A replay of the call will also be available at www.gcgaming.com.
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further
information is available on the Company’s website, www.gcgaming.com.
For further information, please contact:
Investor Relations Media
Nathan Sellyn Howard Blank (604) 303-1000 (604) 512-6066 nsellyn@gcgaming.com Fax: (604) 279-8605 www.gcgaming.com
February 26, 2009 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that it will release its financial results for the three and twelve month periods ended December 31, 2008 after the market close on Monday, March 9. The Company will also host a conference call and simultaneous webcast at 2:00PM Pacific on that day, at which time management will both review details of the financial results and discuss the progress of Great Canadian’s business.
The 2008 fourth quarter and year end results press release, interim financial statements, and management’s discussion and analysis will be available on the Company’s website, www.gcgaming.com, after the market close on Monday, March 9. This information will also be available on www.sedar.com on Tuesday, March 10.
The conference call number is 416-695-6272, or toll free at 800-766-6630. The call may also be accessed via the Internet at www.gcgaming.com. Questions will be reserved for analysts and investors. Following completion of the call, a replay will be available until March 16, 2009. This replay can be accessed by dialing 416-695-5800, or toll free at 800-408-3053 (Passcode:
3283426). A replay of the call will also be available at www.gcgaming.com.
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further
information is available on the Company’s website, www.gcgaming.com.
For further information, please contact:
Investor Relations Media
Nathan Sellyn Howard Blank (604) 303-1000 (604) 512-6066 nsellyn@gcgaming.com Fax: (604) 279-8605 www.gcgaming.com
November 13, 2008 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“the
Company”) announces its financial results for the third quarter ended September 30, 2008.
CLICK TO READ > 20081113-Q3-PR
November 5, 2008 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that it will release its financial results for the three month period ended September 30, 2008 after the market close on Thursday, November 13. The Company will also host a conference call and simultaneous webcast at 2:00 p.m. Pacific on Thursday, November 13, at which time management will both review additional details of the third quarter
2008 financial results and discuss the progress of the business.
The 2008 third quarter results press release, interim financial statements, and management’s discussion and analysis will be available on the Company’s website, www.gcgaming.com, after the market close on Thursday, November 13. This information will also be available on www.sedar.com on Friday, November 14.
The conference call number is 416-695-6272, or toll free at 800-766-6630; please call five minutes in advance to ensure that you are connected prior to the presentation. The call may also be accessed via the Internet at www.gcgaming.com; please allow 15 minutes for both registration and the installation of any necessary software. Questions will be reserved for analysts and investors. Following completion of the call, a replay will be available until November 20, 2008. This replay can be accessed by dialing 416-695-5800, or toll free at 800-
408-3053 (Passcode: 3274504). A replay of the call will also be available at www.gcgaming.com.
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company’s website, www.gcgaming.com.
For further information, please contact:
Company Media Investor Relations
Nathan Sellyn Howard Blank Richard Land, Dave Jacoby
(604) 303-1000 (604) 512-6066 Jaffoni & Collins
nsellyn@gcgaming.com
Fax: (604) 279-8605 (212) 835-8500
www.gcgaming.com
gcd@jcir.com
September 16, 2008, Richmond, BC – Great Canadian Gaming Corporation (the “Company”) announced today its intention to commence a normal course issuer bid for up to 6,185,165 million of its common shares, representing approximately 10% of the public float of the Company. As at September 11, 2008 there were 82,616,226 common shares of the Company outstanding. Purchases will be by way of open market purchases through the facilities of the TSX, and conducted at the market price at the time of acquisition. All shares purchased by the Company will be subsequently cancelled.
The Company has received approval from the TSX to commence this bid on September
19, 2008. The bid will end on September 18, 2009 or earlier if the number of shares sought in the issuer bid have been obtained. The Company reserves the right to terminate the bid earlier if it feels it is appropriate to do so. Pursuant to TSX policies, daily purchases made by the Company will not exceed 65,172 common shares or 25% of the average daily trading volume of 260,689 common shares on the TSX, subject to certain prescribed exceptions.
Thomas Bell, Vice-President Corporate Development and Investor Relations, commented, “The flexibility of Great Canadian’s capital structure makes a share repurchase program the ideal tool to better manage the Company’s balance of debt and equity. In combination with current market prices, we believe the bid will take full advantage of an opportunity for the creation of sustainable shareholder value.”
Within the last twelve months, under a normal issuer bid that expired on July 22, 2008, the Company purchased 4,491,300 of its common shares at a weighted-average price of $12.76 through the facilities of the TSX.
All shares will be purchased on the open market through the facilities of the TSX, and payment for the shares will be in accordance with the TSX’s by-laws and rules. No purchases will be made other than by means of open market transactions during the term of the normal course issuer bid.
To the knowledge of the Company, after reasonable inquiry, no director or senior officer and no other person holding 10% or more of any class of equity shares of the Company and no associate or affiliate of any of the foregoing and no person acting jointly or in concert with the Company currently proposes to sell common shares of the Company during the course of the normal course issuer bid. Directors and senior officers may also during such period sell common shares through the facilities of the TSX. All of these persons have been advised that if they do sell common shares during the course
of this bid, they are to advise the Company and the Company will ensure that it is not active in the market at the time such sales occur.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless the securities are registered in the United States or an exemption from such registration is available.
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company’s website, www.gcgaming.com.
ON BEHALF OF GREAT CANADIAN GAMING CORPORATION
“Original signed by Thomas Bell”
Thomas Bell
Vice President, Corporate Development and Investor Relations
GREAT CANADIAN GAMING CORPORATION [TSX:GC] Suite #200 – 13775 Commerce Parkway
Richmond, BC V6V 2V4
Phone: (604) 303-1000
Fax: (604) 279-8605
Website: www.gcgaming.com
For investor enquiries:
Mr. Thomas Bell
Vice-President, Corporate Development & Investor Relations or
Mr. Richard Land or Mr. David Jacoby
Jaffoni & Collins Incorporated
(212) 835-8500, GC@jcir.com
For media enquiries: Mr. Howard Blank
Vice-President, Media & Entertainment
(604) 512-6066
DISCLAIMER
This news release contains forward-looking statements which reflect management’s current expectations regarding the Company’s objectives, plans, goals, strategies, future growth, results of operations, performance and business prospects and opportunities. These forward-looking statements are not guarantees, but only predictions. Although the Company believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a number of factors that could cause actual results to vary significantly from current expectations. Such differences may be caused by factors which include, but are not limited to, ongoing requirements to comply with financial covenants associated with credit facilities, limited terms of operational service agreements with gaming regulators, pending and proposed legislative or regulatory developments, competition from established competitors and new entrants in the gaming business, dependence on key personnel, no assurance that systems, procedures and controls will be adequate to support expanding operations, potential undisclosed liabilities and capital expenditures associated with acquisitions, negative connotations linked to the gaming industry, First Nations claims with respect to public lands on which we conduct our operations, impact of legal proceedings, impact of smoking bans, interest and exchange rate fluctuations, non-realization of cost reductions and synergies, acceptance and demand for new products and services, fluctuations in operating results and general economic conditions. The Company cautions that this list of factors is not exhaustive. These factors and other risks and uncertainties are discussed in the Company’s materials filed with the Canadian securities regulatory authorities from time to time, including in the “Risks Factors” section of the Company’s Annual Information Form for fiscal 2007, or as identified in the Company’s disclosure record on www.sedar.com. The forward-looking statements included in this news release are made only as of the date of this news release and the Company does not undertake to publicly update these forward-looking statements to reflect new information, future events or otherwise.
September 11, 2008 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that its Chief Financial Officer, Milton Woensdregt, will present an overview of the Company at Scotia Capital’s Back to School Conference in Toronto at 3:20PM Eastern time on September 16, 2008.
Mr. Woensdregt will review the Company’s strong market fundamentals and robust development pipeline, and also discuss areas of focus and challenges for the second half of
2008. Please visit www.gcgaming.com (select “Investor Relations>Financial Reports>Conference Calls”) to access a webcast of the presentation, or access it directly at: http://webcast.streamlogics.com/audience/index.asp?eventid=57155. After the broadcast, an archived version will be available for one year. Website visitors will also be able to access a copy of the Company’s updated Investor Presentation for September 2008 (select “Investor Relations>Investor Presentation”).
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company’s website, www.gcgaming.com.
ON BEHALF OF GREAT CANADIAN GAMING CORPORATION “Original signed by Thomas Bell”
Thomas Bell
Vice President, Corporate Development and Investor Relations
GREAT CANADIAN GAMING CORPORATION [TSX:GC] Suite #200 – 13775 Commerce Parkway
Richmond, BC V6V 2V4
Phone: (604) 303-1000
Fax: (604) 279-8605
Website: www.gcgaming.com
For investor enquiries:
Mr. Thomas Bell
Vice-President, Corporate Development & Investor Relations or
Mr. Richard Land or Mr. David Jacoby
Jaffoni & Collins Incorporated
(212) 835-8500, GC@jcir.com
For media enquiries: Mr. Howard Blank
Vice-President, Media & Entertainment
(604) 512-6066
DISCLAIMER
This news release contains forward-looking statements which reflect management’s current expectations regarding the Company’s objectives, plans, goals, strategies, future growth, results of operations, performance and business prospects and opportunities. These forward-looking statements are not guarantees, but only predictions. Although the Company believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a number of factors that could cause actual results to vary significantly from current expectations. Such differences may be caused by factors which include, but are not limited to, ongoing requirements to comply with financial covenants associated with credit facilities, limited terms of operational service agreements with gaming regulators, pending and proposed legislative or regulatory developments, competition from established competitors and new entrants in the gaming business, dependence on key personnel, no assurance that systems, procedures and controls will be adequate to support expanding operations, potential undisclosed liabilities and capital expenditures associated with acquisitions, negative connotations linked to the gaming industry, First Nations claims with respect to public lands on which we conduct our operations, impact of legal proceedings, impact of smoking bans, interest and exchange rate fluctuations, non- realization of cost reductions and synergies, acceptance and demand for new products and services, fluctuations in operating results and general economic conditions. The Company cautions that this list of factors is not exhaustive. These factors and other risks and uncertainties are discussed in the Company’s materials filed with the Canadian securities regulatory authorities from time to time, including in the “Risks Factors” section of the Company’s Annual Information Form for fiscal 2007, or as identified in the Company’s disclosure record on www.sedar.com. The forward-looking statements included in this news release are made only as of the date of this news release and the Company does not undertake to publicly update these forward-looking statements to reflect new information, future events or otherwise.
August 11, 2008 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (“the
Company”) announces its financial results for the second quarter ended June 30, 2008.
CLICK TO READ > Q2_2008_Press_Release
July 29, 2008 – Richmond, BC – Great Canadian Gaming Corporation [TSX:GC] (the “Company”) announced today that it will open a permanent gaming and entertainment facility, located in the grandstand of its Hastings Racecourse (“Hastings”), on August 15, 2008. This approximately 42,000 square foot facility will house a sports and entertainment lounge, new food and beverage options, and a modern gaming floor featuring 600 slot machines. These machines will replace the 150 temporary units currently installed at the property.
Construction on non-gaming components of the facility will continue throughout 2009. The Company had previously announced a budget of $40.0 million for this stage of Hastings development, and anticipates that the cost of these renovations will remain within this projection.
“We’re very excited about opening Hastings,” stated Vincent Trudel, Great Canadian’s Chief Operating Officer. “This historic racetrack is a Vancouver landmark, and the installation of these brand new gaming offerings will allow it to offer its patrons a complete entertainment experience.”
Mr. Trudel added, “Hastings will experience a ramp-up period before these new gaming offerings reach maturity. This period may be longer than those typically associated with the introduction of new gaming products to a market, as Hastings could potentially experience continued disruption from ongoing construction. However, we’ve already begun to increase our marketing initiatives in an effort to accelerate this ramp-up period. We’re also pleased at the timing of this opening, which is sooner than originally projected. We will now have a full complement of slot machines in operation during the current live racing season.”
ABOUT GREAT CANADIAN
Great Canadian Gaming Corporation is a multi-jurisdictional gaming and entertainment operator with operations in British Columbia, Ontario and Nova Scotia, Canada, and Washington State. The Company operates ten casinos, five horseracing facilities (three offer slot machines and one offers both slot machines and table games), a community gaming centre, a bingo hall, a hotel and conference centre, two show theatres and various associated hospitality outlets. Further information is available on the Company’s website, www.gcgaming.com.
For further information, please contact:
Company Media Investor Relations
Thomas Bell Howard Blank Richard Land, Dave Jacoby
(604) 303-1000 (604) 512-6066 Jaffoni & Collins
tbell@gcgaming.com
Fax: (604) 279-8605 (212) 835-8500
gcd@jcir.com