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Full Disclaimer. Great Canadian Gaming Corp. They argue that the bid is too cheap, especially considering the monopoly position Great Canadian has with its Greater Toronto Area casinos.
In a draft circular filed with the B. At the heart of its pitch to investors is a concern about the properties in Ontario it acquired from the Ontario Lottery and Gaming Corp.
These include Casino Woodbine, Pickering Casino and Great Blue Heron Casino, which are all still under construction and have had their completion deadlines extended by the pandemic.
The pandemic also forced the company to re-examine its assumptions about return on investment for projects still being built. In the end, no transaction went ahead.
Last June, another unnamed company expressed interest in buying Great Canadian, but pulled back after several weeks. Apollo then made its unsolicited bid on Aug.
Great Canadian opted not to restart a full-blown sales process in response to the Apollo bid, a decision that has been a sore point with shareholders who oppose the deal.
Shareholders are expected to vote on the proposal at a meeting in December. For further information: Media Contact: Sonja Mandic, Director, Media Relations and Social Responsibility, Great Canadian Gaming Corporation, Send a Release FR Phone from 8 AM - 10 PM ET ALL CONTACT INFO Contact Cision.
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On March 5, the Town of Ajax hosted a Pickering Casino Opening Update meeting for Ajax residents and stakeholders. If you were unable to attend the meeting in person, the presentation material is available on this page and we encourage you to submit any questions you have in the Comments section at the bottom of this page.
Note : Approvals for other elements of the overall master plan have not been received at this point. Use the Comment section below to submit your question or comment directly to the project team, or, contact any of the project managers listed in the Who's Listening right sidebar.
Information will be collected in accordance with the Freedom of Information and Protection of Privacy Act. With the exception of personal information, all comments will become part of the public record.
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