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GREAT CANADIAN ANNOUNCES $500,000,000 SUBSTANTIAL ISSUER BID AND $180,000,000 BOUGHT DEAL OFFERING OF 5.25% SENIOR UNSECURED DEBENTURES

February 10, 2020 – Toronto, ON – Great Canadian Gaming Corporation [TSX:GC] (“Great Canadian” or “the Company”) announced today that it intends to make a substantial
issuer bid (the “Issuer Bid”), pursuant to which the Company will offer to purchase for
cancellation up to $500 million of its outstanding common shares (“Common Shares”) from
shareholders

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