Gateway Casinos & Entertainment Limited ("Gateway") recently signed a 20-year Casino Operating and Services Agreement (COSA) with the Ontario Lottery and Gaming Corporation ("OLG") and has purchased the business and assets of the Southwest Gaming Bundle. Gateway will take over the day-to-day operations. The expansion into Ontario represents the next exciting chapter in Gateway's successful growth strategy making Gateway Canada's largest and most diversified gaming company.
"Today is a very exciting day and an important milestone for Gateway as we expand our footprint into Ontario with the completion of the transition process in Southwestern Ontario. We thank the OLG for the hard work throughout the transition process and we look forward to our long-term partnership," said Tony Santo, Gateway's chief executive officer. "On behalf of our 4,200 employees in Western Canada, we are very proud to officially welcome the OLG colleagues to our Gateway team."