Exciting Acquisition Marks Gateway’s Entry into a New BC Market
BURNABY, BC, March 1, 2019 /CNW/ – 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.
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 of 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.
