Great Canadian Entertainment has marked a significant milestone with the grand opening of the Great Canadian Casino Resort Toronto, adjacent to Woodbine Racetrack. Representing a colossal investment of approximately $1 billion, this venture is poised to become one of Ontario’s largest private sector projects, projecting an estimated $500 million in economic benefits for the region.
Gaming Extravaganza:
The sprawling resort boasts an expansive 328,000 square feet of gaming space, setting the stage for an unparalleled entertainment experience. Visitors can immerse themselves in the Vegas-style casino atmosphere, featuring over 4,800 slot machines, 145 table games, VIP rooms, and state-of-the-art sports betting kiosks.
Phased Unveiling:
The resort’s first phase has been unveiled, showcasing the extensive gaming facilities. However, this is just the beginning. In the coming months, Great Canadian Casino Resort Toronto plans to introduce additional attractions, including a 400-room hotel, a 5,000-person live entertainment venue, on-site dining options, and a wellness center with amenities like an indoor pool, sauna, steam room, and fitness equipment.
Economic Impact and Job Creation:
With an investment of this magnitude, the resort is poised to contribute significantly to the local economy. Great Canadian Entertainment anticipates that the project will bring an estimated $500 million in economic benefits to the region. Moreover, the resort is expected to employ around 2,000 team members, providing a boost to the local job market.
Entertainment Partnerships:
In a strategic move to enhance the entertainment offerings, Great Canadian Casino Resort Toronto has entered into a booking partnership with Live Nation for “The Theatre” – an integral part of the resort’s live entertainment experience. This collaboration is poised to elevate the venue’s status as a premier entertainment destination.
Ontario’s iGaming Success:
Coinciding with the casino’s grand opening, a report by Deloitte highlighted the positive impact of Ontario’s iGaming market in its first year. The industry contributed a substantial C$1.5 billion ($1.2 billion) to the province’s economy, creating 12,000 new jobs and generating C$900 million in benefits through salary payments. The report emphasized that many of these positions offered competitive wages, averaging C$103,000, well above the provincial average.
The Great Canadian Casino Resort Toronto is not merely a gaming destination; it is a multifaceted entertainment hub that promises to redefine leisure and hospitality in Ontario. As additional phases of the resort are unveiled in the coming weeks and months, it is poised to become a cultural landmark, offering a rich tapestry of experiences for locals and tourists alike.