Great Canadian Gaming announced it is about to reveal its third-quarter performance on November 4. The financial report covering three months of its annual operation would become public once the market closes on the first Monday of November. Moreover, for people interested in the official conference call on the subject, November 5 is about to see a conversation in regard to the financial report issued on the previous day.
Quarterly reports are more than essential for a given company, as they offer a detailed review of its performance while keeping the company on track when it comes to its goals and projections. The first days of November are set to reveal more about Great Canadian Gaming’s operation over the past three months of gaming operation across Canada.
Financial Report Issued Soon
September 30 saw the end of the three-month period in question but as it often happens, the company needs some time to review and summarize the information in order to present it in the most accurate manner possible. The report would be issued upon market closing on Monday, whereas Tuesday morning is set to bring the conference call on the subject. It is set to commence at 8:30 a.m. ET on November 5.
This conference call would have two main goals – discussing financial performance over the past three months, as well as talking about future projections and achievements. Rod N. Baker, Chief Executive Officer, and Terrance Doyle, President, Strategic Growth & Chief Compliance Officer are going to be present during the conversation, as they share their thoughts on gaming operation over the third quarter of this fiscal year.
Individuals interested in learning more about the casino operator will have the chance to do so during the conference call. Those unable to attend would have the opportunity to review it once the report is issued publicly joined by experts analysis, discussion on the subject, and more. The British Columbia-based casino leader would welcome questions by analysts and institutional investors.
Future Goals Discussed Too
It should be taken into account that August saw the public announcement of Q2 2019 performance marking a significant jump. Over the span of those three months of operation ending June 30, the casino operator succeeded in amassing a total revenue of CA$345.4 million. When compared to its financial performance during Q2 2018, this amount equated to a 20-percent surge. The positive direction was further motivated by US operation sale.
During the second quarter of this fiscal year, the British Columbia-based operator sold Great American Gaming for US$56 million. The subsidiary casino operator overseeing Washington locations such as Great American Casino Everett, Great American Casino Lakewood, and Great American Casino Tukwila. Great Canadian Gaming also made a point to support local communities and individuals struggling to find employment.
The casino giant offered unionized workers part of the Unifor Local 1090 structure a steady workplace at some of the most popular casino locations overseen by the gaming giant. Casino Woodbine, Casino Ajax, and Great Blue Heron Casino would welcome workers that used to be employed by General Motors in Oshawa. Many of them would also have the opportunity to work at the upcoming Pickering Casino Resort.
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Author: Yolina
Yolina has followed closely the latest development on the Canadian gaming scene over the past years, monitoring the land-based, lottery, and online offerings up for grabs. The dynamic nature of the local lottery and casino fields, as well as the opportunities lying ahead of Canada fire her enthusiasm for what is to come. A sports betting enthusiast, in her spare time Yolina could be found in her natural habitat – turning the pages of biographies and catching up on the latest stand-up comedy podcasts.