Category Archives: Media Releases

GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF THE COMPANY’S ONTARIO PROPERTIES

July 12, 2021 – Toronto, ON – Further to the announcement on July 9, 2021 from the Ontario provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be undertaking the required steps to reopen the following Ontario properties on Friday, July 16, 2021:

Continue reading

GREAT CANADIAN ANNOUNCES CLOSING OF OFFERING OF SENIOR SECURED NOTES BY, AND PROVIDES UPDATE ON PLAN OF ARRANGEMENT WITH, AN AFFILIATE OF APOLLO FUNDS

June 30, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) today announced the closing of a private offering by Raptor Acquisition Corp. (“RAC”) and an affiliate of RAC of US$350 million aggregate principal amount of its 4.875% senior secured notes due 2026 (the “Notes”), the proceeds of which were placed into and will be held in escrow until the satisfaction of specified conditions precedent, including the satisfaction or waiver of all conditions precedent to the consummation of its previously announced plan of arrangement (the “Arrangement”) under section 288 of the Business Corporations Act (British Columbia), pursuant to which RAC, an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), will acquire all the issued and outstanding common shares of the Company (the “Shares”) for C$45.00 in cash per Share. Upon release from escrow, the Company expectsthat the net proceeds of the offering will be used to partially fund the Arrangement.

Continue reading

GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF THE COMPANY’S BRITISH COLUMBIA PROPERTIES

June 29, 2021 – Toronto, ON – Further to the announcement today from the British Columbia provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be reopening the following properties on Thursday, July 1, 2021:

Continue reading

GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF CASINO NOVA SCOTIA

June 15, 2021 – Toronto, ON – Further to the announcement today from the Nova Scotia provincial government that certain businesses can reopen, such as casinos, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be reopening Casino Nova Scotia’s properties in Halifax and Sydney at 11:00 a.m. ADT on Wednesday, June 16, 2021. The properties will reopen with a reduction in gaming capacity to reflect physical distancing requirements, as well as limited food and beverage services.

Continue reading

GREAT CANADIAN GAMING ANNOUNCES THE TEMPORARY SUSPENSION OF OPERATIONS AT CASINO NOVA SCOTIA – SYDNEY

April 27, 2021 – Toronto, ON – Further to the announcement today from the Nova Scotia provincial government that certain businesses in the province, such as casinos, will be required to close in the effort to contain the spread of COVID-19, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) will be suspending operations at Casino Nova Scotia – Sydney as of Tuesday, April 27, 2021 at 11:59 p.m. AST.

Continue reading

GREAT CANADIAN GAMING ANNOUNCES THE TEMPORARY SUSPENSION OF OPERATIONS AT CASINO NOVA SCOTIA – HALIFAX

April 23, 2021 – Toronto, ON – Further to the announcement yesterday from the Nova Scotia provincial government that certain businesses in the Halifax Regional Municipality, such as casinos, be required to close in the effort to contain the spread of COVID-19, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or “the Company”) suspended operations at Casino Nova Scotia – Halifax as of Thursday, April 22, 2021 at 11:59 p.m. AST.
Continue reading

GREAT CANADIAN GAMING ANNOUNCES INVESTMENT CANADA APPROVAL AND OPERATIONAL UPDATES

April 5, 2021 – Toronto, ON – Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian” or the “Company”) is pleased
to announce that Raptor Acquisition Corp. (the “Purchaser”), an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO), has received approval under the Investment Canada Act for the acquisition of Great Canadian, pursuant to a previously announced plan of arrangement (the “Arrangement”) involving Great Canadian, the Purchaser and Company securityholders (“Securityholders”).
Continue reading

GREAT CANADIAN GAMING ANNOUNCES THE REOPENING OF ELEMENTS CASINO GRAND RIVER AND THE TEMPORARY SUSPENSION OF OPERATIONS AT ELEMENTS CASINO BRANTFORD AND SHORELINES CASINO THOUSAND ISLANDS

March 19, 2021 – Toronto, ON – Further to the announcement today from the Ontario provincial government that certain businesses, such as casinos, will be further restricted operationally in the effort to contain the spread of COVID-19, Great Canadian Gaming Corporation (TSX:GC) (“Great Canadian”or “the Company”) will be suspending operations at Elements Casino Brantford and Shorelines Casino Thousand Islands as of Sunday, March 21, 2021 at 11:59pm EST.
Continue reading