GREAT CANADIAN GAMING TO PRESENT AT OPPENHEIMER’S 8TH ANNUAL CONSUMER GROWTH/GLL CONFERENCE

July 3, 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 Oppenheimer’s 8th Annual Consumer Growth/GLL Conference in Boston at 4:10PM Eastern time on July 10, 2008.

Mr. Woensdregt will review the Company’s strong market fundamentals and robust development pipeline, in addition to discussing opportunities, areas of focus, and challenges for
2008. Please visit www.gcgaming.com (select “Investor Relations>Conference Calls”) to access a webcast of the presentation, or access it directly at: http://www.veracast.com/webcasts/opco/consumer08/59314131.cfm. After the broadcast, an archived version will be available for 90 days. Website visitors will also be able to view a copy of the Company’s updated Investor Presentation for July 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.