Canadian casino giant, Gateway Casinos & Entertainment is set to give an update on its possible London casino at a committee meeting on Monday. The group will present to politicians in the city, their plans to expand their operations in the Western Fair.
Gateway Casinos’ expansion plans
Just a while back, Gateway Casinos & Entertainment announced its plans to build a $140 million full-sized casino in London. The brick-and-mortar casino will consist of a hotel, restaurants, slot machines and table games. When the idea of the new casino was proposed, it gained a lot of support from the city as it has the potential to create more than 700 new jobs and bring in additional revenue to the economy. However, not many details on the casino were ever given.
Gateway Casinos’ first public announcement
Next week’s discussion for the planned casino will be a first of its kind, given that previous negotiations took place behind closed doors.
The spokesman for Gateway Casinos, Rob Mitchell says: “We’re not like traditional casinos, and we’re certainly not like the existing facility. That’s the slots-in-a-box model.”
“We’re about bright, new modern buildings with open spaces and public spaces. We’re family-friendly,” he said.
The gaming group was selected by the Ontario Lottery and Gaming Corporation (OLG) to build six casinos in Southwestern Ontario and five in the North after a long bidding process. The company chose the Western Fair as a place of construction for the new casino, but this is yet to be confirmed. Both Gateway Casinos and OLG are scheduled to speak at the committee meeting on Monday.
About Gateway Casinos & Entertainment
Gateway Casinos & Entertainment is Canada’s largest private gaming company with 25 years of service. It currently has operations in Ontario, British Columbia and Edmonton. The casino mogul is responsible for 26 gaming properties with 282 tables and over 9500 slot machines.
More so, Gateway casinos said that they would like to begin the construction of the new casino as soon as possible. The estimated time to complete the project is 12 to 24 months.