November 4, 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 “third quarter”) ended September 30, 2015.
THIRD QUARTER 2015 HIGHLIGHTS
- -Revenues of $113.8 million, a $1.5 million increase when compared to the same period in the prior year.
- -EBITDA(1) of $47.5 million, a 4% increase when compared to the same period in the prior year and the second highest quarter in the Company’s history.
- -First nine months of 2015 EBITDA(1) of $135.5 million, an increase of $2.4 million when compared to the same period in the prior year.
- -Adjusted net earnings(1) of $22.6 million, a 12% increase when compared to the same period in the prior year.
- -On September 8, 2015, awarded first bundle in Ontario Gaming Modernization Process.
- -On October 1, 2015, completed the acquisition of Casino New Brunswick.