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GREAT CANADIAN GAMING ANNOUNCES CLOSING OF OVER-ALLOTMENT OPTION

April 30, 2020 – Toronto, ON – Great Canadian Gaming Corporation (TSX: GC) (“Great Canadian” or the “Company”) announced today that, in connection with its recently completed bought deal offering (the “Offering”) of $180,000,000 aggregate principal amount of senior unsecured debentures (the “Debentures”) at a price of $1,000 per Debenture, the over-allotment option granted to the Underwriters (defined below) was exercised for additional gross proceeds to Great Canadian of $9,000,000.

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