Great Canadian Entertainment has marked a significant milestone with the grand opening of The Hotel at Great Canadian Casino Resort Toronto, a colossal $1 billion property inaugurated in June. This luxurious hotel, strategically positioned near the Toronto Pearson International Airport, boasts over 400 thoughtfully designed guest rooms, ranging from 400 to 840 square feet.
Key Features of The Hotel:
State-of-the-Art Amenities: The hotel rooms are equipped with modern conveniences, including a 55” Smart TV, in-room safe, complimentary Wi-Fi, mini-fridge, and a coffee maker.
Spacious Suites: Exclusive suites feature a separate living room and a fully equipped bar unit, complete with a fridge and microwave.
Proximity to Woodbine Racetrack: Located adjacent to Woodbine Racetrack, the hotel complements the existing casino, creating an integrated entertainment hub.
The Grand Casino Experience:
Extensive Gaming Space: The Vegas-style casino spans an impressive 328,000 square feet, offering a diverse gaming experience.
Gaming Variety: With over 4,800 slot machines and 145 table games, the casino caters to diverse preferences, including VIP rooms and sports betting kiosks.
Upcoming Additions: In the near future, the property will introduce a 5,000-person live entertainment venue and a dedicated Poker Room featuring 30 tables.
Economic Impact and Investment:
Substantial Investment: The Hotel at Great Canadian Casino Resort Toronto represents an approximate $1 billion investment, solidifying its status as one of the largest private sector projects in Ontario.
Economic Contribution: The venue is expected to generate an estimated $500 million in economic benefit for the region, reinforcing its significance in the local economy.
Future Developments and Enhancements:
Entertainment Extravaganza: In the coming months, the property will unveil a 5,000-person live entertainment venue, enriching the overall guest experience.
Poker Enthusiasts’ Paradise: A dedicated Poker Room on a private floor, complete with electronic table games and slots for waiting players, will cater to poker enthusiasts of varying stakes.
Wellness Center: Later this year, a wellness center featuring an indoor pool, sauna, steam room, and fitness equipment is set to enhance the holistic experience for guests.
Ontario iGaming Market Overview:
Robust Performance: iGaming Ontario (iGO) reported a remarkable performance, with $14 billion wagered between April 1 and June 30 in the first quarter of the 2023-2024 fiscal year.
Revenue Surge: Gaming revenue witnessed a 3.6% increase, reaching C$545 million, showcasing the market’s resilience and growth.
Player Metrics: While active player accounts dipped below a million, the average monthly spend per active player account improved, reaching $197.
The grand opening of The Hotel at Great Canadian Casino Resort Toronto signifies a new era of opulence and entertainment in Ontario. As the property continues to unveil exciting additions and enhancements, it is poised to become a premier destination, offering a blend of luxury, gaming excitement, and diverse entertainment options. The billion-dollar investment underscores Great Canadian Entertainment’s commitment to shaping Ontario’s entertainment landscape and fostering economic prosperity.