22-year deal
Great Canadian Gaming, Brookfield Business to run Toronto casinos
Under the deal, the companies would acquire OLG Slots at Woodbine, OLG Slots at Ajax Downs and the Great Blue Heron Casino located in the Mississaugas of Scugog Island First Nation.
2017-08-09
Reading time 22 seg
Under the deal, the companies would acquire OLG Slots at Woodbine, OLG Slots at Ajax Downs and the Great Blue Heron Casino located in the Mississaugas of Scugog Island First Nation.
Great Canadian would operate the gaming facilities and hold a 49% stake in the partnership, Brookfield would also hold a 49% stake, while Clairvest Group Inc. would hold a two per cent interest.
Great Canadian has 22 gaming properties including 14 casinos, four racetrack casinos, three community gaming centres, one commercial bingo hall and resort hotels in Richmond, B.C., and in Moncton, N.B.
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