Exciting Acquisition Marks Gateway’s Entry into a New BC Market
Chances Casino – Kamloops. 0 upcoming concerts. 1250 Halston Ave Kamloops, BC, Canada. All the events happening at Chances Casino 2020-2021. Gateway Casinos & Entertainment Limited (Gateway) announced that it has acquired Chances Casino Kamloops (Chances Kamloops). Gateway will take over the day-to-day operations of the Chances Kamloops facility effective today.
March 1, 2019 – Burnaby, BC – Gateway Casinos & Entertainment Limited (Gateway) announced today that it has acquired Chances Signal Point in Williams Lake (Chances Signal Point). Gateway will take over the day-to-day operations of the Chances Signal Point facility effective today. The acquisition is the latest step in Gateway’s continued growth. Gateway is one of the largest and most diversified gaming and entertainment companies in the Canada.
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This strategic acquisition marks the next milestone in Gateway’s growth strategy which has seen the company expand their footprint and product offering across Canada. Guided by a strategy to create gaming properties that offer community-centred entertainment with a variety gaming and culinary options, Gateway is excited about the potential of this opportunity in the Cariboo region of the Central Interior of British Columbia.
With the addition of Chances Signal Point, Gateway now operates 27 properties in British Columbia, Alberta (Edmonton) and Ontario with approximately 8,648 employees.
“Everyone at Gateway is very excited to welcome Chances Signal Point and their team to the Gateway family. We look forward to bringing our unique entertainment offerings to Williams Lake,” said Tony Santo, CEO of Gateway.
Based in Burnaby, BC, Gateway has made significant investments in the communities where they operate to improve the customer experience, which has brought hundreds of jobs and economic contribution to local economies.
Gateway’s growth investments are underway in many communities across British Columbia Alberta and Ontario. Since August 2015, Gateway has completed seven major development projects in Kamloops, Penticton, Kelowna, Edmonton, Point Edward and Innisfil. This year, Gateway anticipates opening two new major developments in Chatham-Kent and Hanover, Ontario, and breaking ground on the new Cascades Casino in Delta, BC.
About Gateway Casinos & Entertainment Limited
Gateway Casinos & Entertainment Limited (“Gateway”) is one of the largest and most diversified gaming and entertainment companies in Canada. Across its 27 gaming properties in British Columbia, Ontario and Edmonton, Alberta, Gateway currently employs approximately 8,648 people and boasts approximately 448 table games (including 49 poker tables), 13,887 slots, 85 restaurants and bars and 561 hotel rooms. Gateway is the service provider for the Central, Southwest and North gaming Bundles in Ontario, which includes 11 properties in their portfolio. A multi-pronged growth strategy has seen Gateway diversify and expand its product offering, including developing proprietary casino and restaurant brands, dramatically improving the gaming customer experience while attracting new customers. Some of Gateway’s proprietary brands include Match Eatery & Public House, Atlas Steak + Fish and the new Halley’s Club. In 2017, Gateway celebrated 25 years in the business of gaming and entertainment in Canada. Further information is available at www.gatewaycasinos.com.
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Chances Casino Kamloops Entertainment Center
Gateway Casinos & Entertainment Limited
|Founded||1992; 28 years ago|
|Headquarters||Burnaby, British Columbia|
|Products||Entertainment, Gambling, Food and Beverage, Hotel|
|Revenue||Over $200.0 million|
Number of employees
Gateway Casinos and Entertainment is a Canadian gaming and entertainment operator. It operates 23 casinos in British Columbia, Alberta, and Ontario. The corporate offices of Gateway Casinos and Entertainment are located in Burnaby, British Columbia. It is owned by The Catalyst Capital Group Inc., a private equity investment firm founded in 2002.
Gateway Casinos & Entertainment Limited is one of the largest casino and entertainment companies in Western Canada and has grown from 2 facilities with 150 employees to 12 facilities with over 3,000 employees.
Properties include The Grand Villa Casino & Convention Centre Burnaby, Starlight Casino New Westminster, Cascades Resort Casino Langley, The Lake City Casinos (Vernon, Kamloops, Kelowna & Penticton) in the Okanagan, The Baccarat and Palace Casinos in Edmonton, the Chances Community Gaming Centres in Squamish, Mission, Kamloops and Newton Bingo in Surrey.
Starting in 1992, Gateway Casinos has provided operational services for casinos in the Greater Vancouver Regional District of British Columbia. In April 1992, Gateway Casinos acquired two casino operations in the Vancouver area: a 5,000 square foot facility on the second floor of the Mandarin Centre in Vancouver’s Chinatown and a smaller 4,000 square foot operation on the top floor of the Royal Towers Hotel in New Westminster, BC.
In March 1994, Gateway Casinos purchased a third casino, located in Maple Ridge, British Columbia with the intention of relocation in the future, which ultimately became Gateway’s Burnaby Casino.
June 1994 saw the Gateway relocation of the Vancouver casino from the small premises on the second floor of the Mandarin Centre to newly renovated premises in the same building. At this time, Mandarin Centre was the largest casino in British Columbia. In January 1996, Gateway Casinos relocated its operation in New Westminster from the top floor to expanded premises within the hotel.
Gateway Casinos ceased operating the casino in Maple Ridge in November 1996. The new operation was opened on the second floor of the parkade across from the now Grand Villa Casino in Burnaby, British Columbia.
November 1999 saw the Gateway acquisition of the Palace Casino (now Starlight Casino) in Edmonton, Alberta where an extensive renovation which more than doubled the size of the facility, was substantially completed in October 2001.
The year 2002 was pivotal for Gateway due to the acquisition of the Baccarat Casino in Edmonton, Alberta, in June and the August purchase of the Lake City Casinos in Penticton, Kelowna, Kamloops and Vernon.
In May 2005 Gateway Casinos opened the Cascades Casino in the heart of Langley, British Columbia which brought about a new era of gaming for the company, boasting over 60,000 square feet of gaming space, 77-room hotel and more than 25,000 square feet of convention space operated by Coast Hotels & Resorts Limited.
The Starlight Casino and Grand Villa Casino were opened in 2007 and 2008 respectively and are currently operating as Gateway Casinos & Entertainment Limited’s flagship properties.In 2011 Gateway Casinos & Entertainment Limited purchased three existing Community Gaming Centres located in Squamish, Mission and the Newton Surrey area. In April 2015 Gateway Casinos & Entertainment revealed its plans to build brand new casino located in the Edmonton Arena District.
In December 2015 Gateway casinos bought Playtime Gaming Inc. expanding their properties with 4 new CGC (community gaming centers) and 2 commercial bingo halls making them the largest casino company in British Columbia.
In December 2016, Gateway casinos purchased 11 Casinos from OLG in Ontario ranging from Thunder Bay to London with rights to build in Kenora and North Bay hereby now employing 6000+ people and making its way into the Ontario market.
In March 2018, Gateway was selected as the service provider for OLG's Central Gaming Bundle, which includes management of Casino Rama and slot operations at Georgian Downs, and the rights to build a new casino in Collingwood or Wasaga Beach.
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- Baccarat Casino (Edmonton) closed 2016
- Cascades Casino, Hotel and Convention Centre (Langley City)
- Grand Villa Casino (Burnaby)
- Grand Villa Casino Edmonton (Edmonton)
- Playtime Casino (Kelowna)
- Lake City Casinos
- Kamloops Casino (Kamloops)
- Penticton Casino (Penticton)
- Vernon Casino (Vernon)
- Starlight Casino former Palace Casino (Edmonton)
- Starlight Casino (New Westminster)
- Chances Mission (Mission)
- Chances Squamish (Squamish)
- Newton Community Gaming Centre (Surrey)
- Chances Abbotsford
- Chances Campbell River
- Chances Courtney
- Langley Bingo
- Chances Kamloops
- Thunder Bay
- Point Edward
- Dresden closed
- Chatham (opened 2019)
Chances Casino Kamloops Entertainment Schedule
- ^'About Us'. Gateway Casinos and Entertainment.
- ^'Baccarat Casino to be replaced by upscale entertainment and gaming facility'. Edmonton Journal. April 14, 2015.
- ^'Cascades Casino Resort Celebrates its 10th Anniversary'. Gateway Casinos & Entertainment Limited. April 29, 2015.
- ^Gateway Casinos & Entertainment Plans a Premier Casino in the EAD
- ^'Gateway Casinos & Entertainment Limited Acquires Playtime Gaming'. newswire.ca. Dec 23, 2015.
- ^Ian Adams (March 15, 2018). 'OLG picks operator for casinos in Innisfil, Casino Rama'. Toronto Sun. Retrieved 2018-03-16.
- ^'OLG selects service provider for Central Gaming Bundle (Press release)'. Business Insider. March 15, 2018.
Chances Casino Kamloops Entertainment Casino
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