Tag Archives: Great Canadian Gaming Corp
- Audit: BC casinos allow Chinese VIPs to ‘refine’ dirty money
October 16, 2017
British Columbia casinos are facing fresh allegations of enabling suspected money laundering by Chinese VIP gamblers. Last month, BC’s attorney general released a 2016 report that was buried by the province’s former Liberal government suggesting rampant money laundering at BC casinos, particularly the River Rock Casino Resort in suburban Vancouver....
- Canada’s financial watchdog reviewing BCLC casino money laundering report
September 28, 2017
Canada’s national financial watchdog is taking a closer look into reports of shoddy anti-money laundering compliance at British Columbia casinos. Last week, the newly elected BC government released a bombshell report detailing a pattern of sketchy transactions at the River Rock Casino Resort in Richmond. The report had been kept...
- Great Canadian Gaming venture snaps up lucrative OLG deal to operate Toronto casinos
August 9, 2017
Shares in Great Canadian Gaming Corp. (GCGC) soared on news that it won a bid to run three gambling facilities in Ontario. On Tuesday, the Ontario Lottery and Gaming Corporation announced that it has selected Ontario Gaming GTA LP (OGGLP), a joint venture between GCGC and private equity firm Brookfield...
- Regulator halts Great Canadian Gaming Corp trading ahead of OLG award
August 8, 2017
Canadian securities regulators have suspended the trading of Great Canadian Gaming Corp’s (GCGC) stocks ahead of the awarding of the control of gambling operations in Ontario. GCGC is one of the three remaining gambling operators vying for the control of the Greater Toronto Area’s (GTA) gambling operations. Malaysian-based conglomerate Genting...
- OLG picks Bally Technologies as systems provider; BCLC inks extension with Great Canadian Gaming
September 5, 2014
The Ontario Lottery and Gaming Corporation (OLG) announced a new deal with slots machine maker Bally Technologies. The deal will be beneficial for both companies. OLG will use Bally Technologies' central casino gaming system solution. This allows OLG to move forward with its modernization plans throughout the province in compliance...
- Vegas hotel and casino gets license recommendation; New York casino applicant disqualified
August 8, 2014
The $415 million SLS Las Vegas hotel and casino received a recommendation for licensing approval from the Nevada Gaming Control Board, paving the way for the operators of the new Las Vegas resort to receive final approval from the Nevada Gaming Commission on August 21. Regulators approved the license application...
Nevada legalizes Parimutuel Betting on eSports
October 17, 2017