Gateway Casinos & Entertainment, the company that has acquired rights to build a casino in North Bay, says it has signed a letter of intent with True North to become part of the proposed True North Strong development located on the Kingsway East in Greater Sudbury and to build a premier casino and entertainment property there.
As the selected service provider in Northern Ontario, Gateway will undertake two new planned builds in North Bay and Kenora.
"The proposed casino and entertainment property will feature a spectacular gaming floor and multiple dining and culinary options to suit any taste," says a news release from the company.
"The $60 Million planned investment will bring up to 250 new jobs, which will grow the Gateway workforce in Greater Sudbury to over 400 employees. In addition to this long-term investment, the project will result in approximately 700 person-years of construction employment.
“Gateway is very excited to take this important step forward in bringing a major investment and up to 250 new jobs to Greater Sudbury," said Keith Andrews, Senior Vice President for Gateway.
The announcement marks the first step in a multi-step process towards redevelopment and relocation of the existing casino which Gateway took over from OLG on May 30th.
Construction will begin once all necessary approvals are complete, including municipal consent. Gateway anticipates the property will open in the spring of 2020.
“Gateway Casinos & Entertainment Limited is the leading gaming and entertainment operator in Canada,” said Dario Zulich, President of True North Strong. “We believe that when combined with a new event centre and hotel/convention space, this new, full-service, upscale casino will be a valuable and exciting addition that will complete a multi-faceted regional entertainment district.”
Gateway has developed signature casino and restaurant brands that have "dramatically improved the gaming customer experience" while generating important new customer segments.
With the transition process complete in the North and Southwest Gaming Bundles, Gateway will now focus on plans to invest over $300 Million in Northern and Southwestern Ontario communities to introduce these signature brands.
Gateway is the largest and most diversified gaming company in Canada. Operating in British Columbia, Edmonton and Ontario.
It has over 6,100 employees and operates 26 gaming properties with 286 tables, over 9,800 slots, 57 restaurants and bars and 272 hotel rooms.
