Wasaga Beach is about to welcome its new casino complex in 2021, as Gateway Casinos & Entertainment recently announced. Construction on Cascades Casino Wasaga Beach is projected to start in the spring of 2020 and span over the entire remainder of 2020 and 2021. The casino operator revealed that estimations show that a launch date might take place in the late summer of 2021.
Other Gateway casino projects were prioritized and would see their opening ceremony next year. Wasaga Beach is an already popular location with tons of tourists making their way there and enjoying their time on the beach. The year 2021 is about to see the official launch of its very own premium casino venue bringing to life both gambling operation in the region, as well as family-friendly offerings.
City Council Meeting Hears More
This week was a special one for the local officials that have been waiting to hear more details on the casino project for quite some time. Gateway Casinos made official their commitment to the city and shed more light on the gambling project with some timeline details issued for the first time. Cascades Casino Wasaga Beach is about to become a reality in the upcoming two years.
The spring of 2020 is projected to see the groundbreaking ceremony of Cascades Casino Wasaga Beach that has been a topic of conversation ever since the fall of 2018. Back then Gateway Casinos pinpointed the location as a lucrative option for future gambling operation that should be taken into account. The new complex is expected to guarantee steady employment of about 400 individuals hailing from the local community.
Projections of the casino operation were in the CA$2-million range on an annual basis, ranking the casino complex among the more profitable ones. Collingwood was the rival for future casino operation, but upon further consideration, Gateway Casinos decided to proceed with Wasaga Beach instead. A 7.5-acre parcel of land was also chosen earlier this year, positioning the casino on Mosley Street.
Construction Starts in the Spring
Cascades Casino Wasaga Beach is about to be located near a roundabout, projecting this to facilitate transportation in the area. A busy casino location raises concerns about traffic jams and increased vehicle flow. North Bay is a community about to welcome Cascades Casino North Bay, currently working out a plan for a CA$3-million roundabout in its vicinity. Mayor Nina Bifolchi was excited to hear the news and learn more about the project.
She made it clear that this operation is about to create a positive surge of operation within the local business field. Over the past twelve months, preparation has been in full swing, with the municipal approvals being one of the most recent steps. In addition to that, the upcoming casino complex also received its mandatory building permit. It should also be taken into account, that the Ministry of Transportation had to conduct a special study evaluating the way Cascades casino Wasaga Beach would impact traffic in the region.
Its conclusion was that the casino complex would not result in inconvenient situations on the road. Gateway Casinos purchased the North Gaming Bundle in 2018 gaining control over OLG Slots at Western Fair District, Clinton Raceway, Dresden Raceway, Sudbury Downs, Hanover Raceway, and Woodstock Raceway. Also OLG Casino Point Edward, Thunder Bay, Sault Ste. Marie, as well as the chance to develop in Collingwood or Wasaga Beach.