Ontario Lottery and Gaming Corporation has signed a 20-year COSA that will see Gateway Casinos and Entertainment take over the assets of the North Gaming Bundle.
As the service provider for the North Gaming Bundle, which includes OLG Casino Thunder Bay, OLG Casino Sault Ste. Marie and OLG Slots at Sudbury Downs, Gateway will have the opportunity to build two new gaming and entertainment facilities, one in the N4 Gaming Zone (Kenora area) and one in the N5 Gaming Zone (North Bay). The proposed new facilities will be subject to required approvals.
At more than US$2.2bn annually, OLG provides the Ontario government with its largest source of non-tax revenue. The company has worked with Gateway since December 13 2016, when the decision for the changeover was taken.
