Company

History of Gateway

Since 1992, Gateway Casinos has provided operational services for casinos in the GVRD of British Columbia. In April 1992, Gateway Casinos acquired two casino operations in the Vancouver area: a 5,000 square foot facility on the second floor of the Mandarin Centre in Vancouver's Chinatown and a 4,000 square foot operation on the top floor of the Royal Towers Hotel in New Westminster, a suburb of Vancouver. In March 1994, Gateway Casinos purchased a third casino operation located in Maple Ridge, British Columbia with the intention of relocating it in the future. This operation was ultimately relocated and became Gateway’s Burnaby Casino.

In June 1994, Gateway Casinos relocated the casino in Vancouver from the small premises on the second floor of the Mandarin Centre to newly renovated premises in the same building. At the time of the relocation, the casino at the Mandarin Centre was the largest casino in British Columbia. In January 1996, Gateway Casinos relocated its operation in New Westminster from the top floor of the hotel to expanded premises within the hotel.

Gateway Casinos ceased operating the casino in Maple Ridge in November 1996. This operation was ultimately relocated to Gateway Casinos’ current premises in Burnaby, British Columbia. In November 1999 Gateway Casinos acquired the Palace Casino in Edmonton, Alberta and an extensive renovation of this casino, which more than doubled the size of this facility, was substantially completed in October 2001. In June 2002, Gateway Casinos acquired the Baccarat Casino in Edmonton, Alberta, which Gateway Casinos intends to redevelop. In August 2002, Gateway Casinos completed the acquisition of the Lake City Casinos.

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