After being tightly lipped about the development of the Cascades Casino, casino operator Gateway Casinos and Entertainment Limited have finally released their plans.
Gateway’s plans include an approximate spend of CA$28.2 million on the building; with construction on the casino expected to begin in Spring 2018. The casino will house over 300 slots, ten gaming tables and ample eateries; including signature brands like The Buffet, Match Eatery and Public House. At 50,000 square feet the new casino is set to be close to three times the size of Gateway Casinos Dresden Slots. Ironically, the opening of the new casino will necessitate the closure of the Dresden Slots property.
According to Gateway’s Chief Executive Officer, Tony Santo, the new casino will open in 2019. Gateway Casinos and Entertainment Limited is a well-established name in Canada. In fact, the company was chosen by the Ontario Lottery and Gaming Corporation (OLG) as the service provider for its Central Gaming Bundle.
Cascades Casino Chatham is Great for the Community
Chatham-Kent Mayor, Randy Hope said that the new casino would be “great for the community, good for employment”; and Santo agrees. Santo said: “the proposed CA$28.2 million investment in Chatham-Kent will bring not only up to 200 new jobs to the area when we open, but millions in economic spin-offs through-out construction.”
Gateway Casinos and Entertainment runs more than 20 land-based casinos across three Canadian provinces. In addition, they currently operate three Cascades Casino-branded casinos; however, Cascades Casino Chatham will be the first ground-up building in Ontario.
The decision to build a casino in Ontario is heavily backed by Gateway’s position as the Central Gaming Bundle service provider and Ontario’s successful gambling market. In 2017 Canada’s gambling industry generated CA$17.3 billion. It would come as no surprise that Ontario contributed to nearly half of all winnings; through casinos, lotteries and online gaming.