A timeline has finally been confirmed for the opening of Cascades Casino Delta.
The CA$87-million Cascades Casino Delta is scheduled to be completed in the fourth quarter of 2021, according to Gateway Casino & Entertainment Ltd.
This means that the completion of the project has been pushed back by a year, as Gateway was originally aiming for the casino to open by late 2020.
However, the rumor mill has been abuzz for some time with speculation that the original deadline was far too close to be completed comfortably.
This was finally confirmed by Gateway during an investor conference call.
“It has been our experience with projects such as this that it is best to open all of the amenities at once as opposed to a phased approach,” Tanya Gabara, director of public relations, told Delta newspaper The Optimist.
“As such, it is our plan to adjust the projected opening so that all the spectacular amenities of Cascades Casino Delta are ready for guests at the grand opening.”
Cascades Casino Delta – What We Know So Far
The brand-new casino will take over the site of the former Delta Town & Country Inn site in Ladner, British Columbia. A local landmark known and beloved by many, the Town & Country Inn was torn down in April 2019.
The Cascades Casino Delta complex was approved by the Delta Council in summer 2018, and by the British Columbia Lottery Corporation (BCLC) in November 2018, but it took the Ministry of Highways several months to green light the project. In November 2019, a spokesperson for Gateway told local media that construction was now well underway.
Once completed, the casino will include a 40,000 square foot gaming floor with up to 600 slot machines and 30 gaming tables, as well as space for live entertainment.
And for when its patrons inevitably get hungry or thirsty, there will also be a Match Eatery & Public House, a buffet, and ATLAS Steak + Fish restaurant to cater to their needs.
Gateway has also engaged a third-party to build and operate a five-story, 116-room hotel on the property to accommodate out-of-town guests.
Busy Times Ahead For Gateway
Founded in 1992, Gateway Casinos & Entertainment Limited is one of Canada’s biggest casino and entertainment companies, employing over 3,000 people.
Its 14 properties include the Palace Casino and the Baccarat Casino, both in Edmonton, Alberta; the Grand Villa Casino & Convention Centre in Burnaby, British Columbia; and the four Lake City Casinos in the Okanagan.
Since Canada’s individual provinces manage gaming independently, Gateway has long-standing agreements with the BCLC and Ontario Lottery and Gaming Corporation (OLG).
And since March 2018, it has provided services for the OLG’s Central Gaming Bundle, which means that it manages Ontario’s famous Casino Rama, among other properties.
Meanwhile, Gateway is planning to merge with Leisure Acquisition Corp. to create a publicly traded company, valued at nearly CA$1.5 billion.
The firm will merge into a new unit of GTWY Holdings, Gateway’s parent company, and will be listed on the New York Stock Exchange.