Great Canadian & Partner Awarded GTA Gaming Bundle
Aug 8

Ontario Lottery and Gaming Corporation has selected Ontario Gaming GTA LP as the service provider for the GTA Gaming Bundle, following a competitive procurement process. The Canadian partnership is comprised of Great Canadian Gaming Corporation and Brookfield Business Partners LP.

"OLG's land-based gaming modernization is bringing new employment and investment to communities across Ontario while improving our contribution to the Province," said Stephen Rigby, President and CEO, OLG.

"OGGLP is a partnership that includes global leadership in infrastructure development combined with significant experience in world-class gaming, entertainment and hospitality development in Ontario and across North America."

"We thank OLG for the award of the GTA Bundle on behalf of the partnership," stated Rod Baker, Great Canadian's President and CEO.

"Great Canadian has a long gaming history in Canada and Ontario and in collaboration with OLG and our partners to deliver gambling responsibly. We look forward to this historic opportunity to service Canada's largest metropolitan region."

"We are excited to have been selected by OLG to operate the GTA Bundle," said Cyrus Madon, CEO, Brookfield Business Partners. "We look forward to working closely with Great Canadian. We will bring our capabilities in operations, development and retail to the Partnership to deliver expanded gaming options and premier entertainment that will enhance the experience of patrons and contribute to the surrounding communities."

Great Canadian and Brookfield Business Partners will each hold a 49 per cent interest in OGGLP. Clairvest Group Inc. will hold a two per cent interest. Great Canadian will operate the gaming facilities within the GTA Bundle on behalf of the Partnership.

OLG has entered into a Transition and Asset Purchase Agreement with OGGLP for the GTA Gaming Bundle, which sets out the customary closing conditions to be satisfied for OLG and OGGLP to enter into a 22-year Casino Operating and Services Agreement (COSA). Under the COSA, OGGLP will take over day-to-day operations of OLG Slots at Woodbine Racetrack, OLG Slots at Ajax Downs and Great Blue Heron Casino.

OLG expects that the service provider will assume operations in early 2018. OGGLP is required to follow all applicable laws including AGCO's standards that require, among other things, rigorous Responsible Gambling (RG) policies and programs. OLG has an internationally recognized RG program and embeds its high standards for RG into the contracts it has with service providers.

Unionized employees will transfer to the service provider under the terms and conditions of their current collective agreement, per the Ontario Labour Relations Act. OGGLP will retain non-unionized employees for a period of no less than 12 months and will provide all eligible employees with benefits and a registered pension plan.

While OGGLP will be responsible for the day-to-day gaming operations in the bundle, OLG will:

Provide strategic oversight of the GTA Gaming Bundle and Ontario gaming marketplace—including approvals related to material operational changes;
Conduct and manage gaming in the bundle;
Require compliance with applicable regulations and standards set out by the Alcohol and Gaming Commission of Ontario (AGCO);
Be the owner of key player information;
Require service providers to uphold the high standards of OLG's Responsible Gambling program, including the self-exclusion program;
Make Contribution Agreement payments to host communities.

To OLG, the integrity of its procurement process is of the utmost importance. Throughout the procurement process, OLG has engaged the services of a Fairness Monitor to provide oversight and advice.

At more than $2.3 billion annually, OLG provides the provincial government with its largest source of non-tax revenue. Modernization helps OLG provide more money to Ontario for key government services.
(Great Canadian Gaming Corporation)

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