Casino players in Canada were relieved when Great Canadian announced that it has extended its contract with British Columbia Lottery Corporation. The expansion will enable it to operate the casino for another ten years. The agreement allows Great Canadian to continue running slot machines and conducting slot tournaments for players and regular patrons at the hotel.
The firm has been an operator of both Fraser Downs Racetrack and Casino since 2005 and is a favourite among locals. Besides a casino, the property has four dining areas along with spaces to hold private meetings and gaming options like Standardbred horseracing and gambling. In a public statement announcing the renewal of contract, CEO of Great Canadian thanked BCLC for granting them an opportunity to serve local residents in a better manner by providing more exciting options for entertainment and leisure. The firm with operations across Canada employs 3900 people in Canada and nearly 600 in Washington.
Operations of Great Canadian Gaming Corporation
The Great Canadian was established in 1982 and started operations to operate charity casinos across Canada during annual fairs. Its first permanent casino became operational in Vancouver in 1986 followed by others at Victoria, Richmond and Langley. Over a period of time the charitable casino gave way to British Columbia Lottery Corporation and existing facilities were expanded to have separate slot machines section and more tables for card games like blackjack, poker and baccarat. Through 2004 and 2011, the firm expanded its operations to include hotels, theatres and casinos in British Columbia, Bear Mountain, Kent, Washington, Tukwila and Maple Ridge. The Great Canadian was listed on Toronto Stock Exchange during this period as it grew by leaps and bounds.
Relationship between Great Canadian and Fraser Downs Casino
The long-term relationship that began in 2005 with renewed extension till 2024 will now be able to complete 20 years without any interruption from government or private authorities. Depending on market demand the firm will make some long due changes to the property which will certainly include new slot games too. Besides this property, the firm also runs a resort, four racetracks, community gaming establishments and several casinos. To bring in avid card players, Great Canadian opened a new Poker Room in Fraser Downs Racetrack and Casino during March 2012.