Gateway Casinos and Entertainment has strengthened its property portfolio, after acquiring Williams Lake located Chances Signal Point, marking the organisations entry into a new British Columbia market.
Taking over the day-to-day operations of the Chances Signal Point facility with immediate effect, Gateway stresses that this latest purchase forms the latest step in the company’s continued growth strategy.
The Burnaby, British Columbia, located gaming and entertainment operator has undergone significant expansion across Canada, “guided by a strategy to create gaming properties that offer community-centred entertainment, with a variety of gaming and culinary options.”
Emphasising the excitement regarding the potential of this opportunity in the Cariboo region of the central interior of British Columbia, this latest addition means that Gateway now operates 27 properties in British Columbia, Alberta and Ontario, encompassing approximately 8,648 employees.
“Everyone at Gateway is very excited to welcome Chances Signal Point and their team to the Gateway family. We look forward to bringing our unique entertainment offerings to Williams Lake,” commented Tony Santo, CEO of Gateway.
Gateway has made significant investments in the communities where they operate to improve the customer experience, which has brought hundreds of jobs and economic contribution to local economies.
As part of these efforts, growth investments are underway in many communities across British Columbia, Alberta and Ontario. Since August 2015, Gateway has completed seven major development projects in Kamloops, Penticton, Kelowna, Edmonton, Point Edward and Innisfil.
This year, it also anticipates opening two new major developments in Chatham-Kent and Hanover, Ontario, and breaking ground on the new Cascades Casino in Delta.
This purchase becomes the second for the firm this year, following the acquisition of Chances Casino Kamloops, continuing its monopoly in the city in the process.
Taking over the day to day operations of the establishment immediately, Gateway becomes the sole gaming provider in the Canadian region, as the operator of both Cascades Casino Kamloops, opened in August 2015, and Chances Kamloops.