Gateway’s proposal of $70 million casino approved by Delta City Council
Gateway Casinos and Entertainment Ltd. received approval from the Delta City Council for realization of Cascades Casino Delta development, worth $70 million. The portion of the property which is situated at 6005 Highway 17A will be rezoned for the casino development.
The approval from the council came after 30th July and final public reading.
As per the official press release:
Construction is expected to begin from fall this year. Gateway is Canada’s largest casino and entertainment company and has received the permission from British Columbia Lottery Corporation (BCLC).
Approvals and Informational Meetings
It was in the month of September last year that Gateway got initial approval from BCLC for relocating the Newton Community Gaming Center in Surrey to a new entertainment and gaming complex at Delta Town and Country Inn, which is situated at northwest intersection of Highways 99 and 17A.
After this, in early November 2017, the company officially filed an application to the Municipality of Delta, British Columbia. Ever since, innumerable public information meetings have been held by both City of Delta and Gateway Casinos for getting feedback on the proposal from the company. Public consultations were held in November and December 2017 and January and February 2018. The Cascades brand is already established successfully in Langley, Kamloops and Penticton, BC and it will also be seen at the new Delta property.
Planned use of space
The total available space for the project is 10.8 acres. Out of this, 9 acres are being used for parking lots and for the building construction for the development work. The remaining 1.8 acres of land will be left as green space. At build-out this 200,000 square foot facility will cost about $70 million and offer almost 700 new hospitality jobs to job seekers.
Once completed, the Cascades Casino Delta will have a premium hotel with 124 guest rooms, event and meeting space and three signature restaurants of the operator, namely The Buffet, Atlas Steak + Fish and Match Eatery & Public House. There is also a live entertainment and gaming floor with 24 table games and 500 slots on offer. The actual content of the gaming area will be decided by BCLC.
Tony Santo, the Chief Executive Officer for Gateway, thanked the Delta Council and Mayor Jackson for considering the project and approving the same. The final approval came as a big step in bringing the new Cascades Casino Delta. The CEO also thanked the Delta community for showing their support for the project as it will bring revenue to the area and open up many job opportunities.
Ever expanding operations
Gateway is one of the most diversified and largest gaming entertainment companies in Canada and has 11 gaming properties in Delta.
In the month of July, the company signed a 23-year Casino Operating and Services Agreement (COSA) with Ontario Lottery and Gaming Corp (OLG) for acquiring assets of OLG’s Central Gaming Bundle. As per the press release at that time, it was known that Gateway got into leases for Casino Rama Resort on Chippewas of Rama First Nation lands and OLG slots at Georgian Downs in Innisfil.
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