(CHATHAM, ON) – Gateway Casinos and Entertainment has announced that the former Wheels Inn property in Chatham, now owned by Brad-Lea Meadows, will become a new Cascades-branded casino. Depending on the land acquisition and government approval, the Richmond Street and Keil Drive facility will feature slots and table games.
More details will be released, but construction is expected in the spring once the provincial and municipal approval has been obtained.
“I want to personally thank Chatham-Kent mayor, Randy Hope, for his leadership and co-operation in bringing this deal to a close,” said Keith Andrews, the senior vice president and managing director for Gateway in Ontario. “I also want to extend my gratitude to the staff at the municipality of Chatham-Kent and Chief Administrative Officer Don Shropshire. We are delighted to reveal what we think will be an amazing new addition to the many attractions that draw people to Chatham-Kent and the surrounding region,”
Gateway also operates the casino at the Dresden Raceway, featuring 148 slots and games. It will remain in operation as construction takes place in Chatham. The company owns and operates 22 casinos in BC, Alberta, and Ontario.
“We have been working with Gateway for some time and have found the company to be absolutely first-rate,” said Hope. “They do things the right way. They’re the largest gaming company in Canada. We couldn’t have a better partner.”
Chatham-Kent received $700,000 in hosting fees from Ontario Lottery and Gaming in 2016-17. Hope expects this number to grow once the larger operation is in place.
“Slots revenue is equal to one half of one per cent in taxes,” Hope said. “When you combine that revenue with the employment brought by the casino, it’s an important economic force in our community.”
Gateway opened a new casino in Kelowna, BC, on March 1, and is expanding operations in Hanover and pouring $26 million the casino in Point Edward.