Pickering Casino Construction Update

All new Pickering Casino Resort to open in GTA next month.

A hugecelebration will take place just four weeks from now. GreatCanadian Gaming (GCG) has announced it will host the long-awaitedgrand opening of its newest casino next month. Situated just east ofToronto, the all new Pickering Casino is sure to attract a lotof attention from both locals and tourists.

1. Durham Live and Pickering Casino Update For May 2020 Find out about the latest news and updates surrounding the construction of Durham Live - Pickering's new.
2. Construction at Casino Woodbine has begun as foundations for the new gaming and entertainment facility are being poured. The initial ground work is underway for the expansion of Casino Woodbine with a 75,000 square meter complex featuring 5,000 gaming machines, 400 table games, a 5,000 seat multipurpose performance venue, multiple food and beverage offerings, hotels, a spa and retail facilities.
3. Great Canadian Gaming (GCG) has announced it will host the long-awaited grand opening of its newest casino next month. Situated just east of Toronto, the all new Pickering Casino is sure to attract a lot of attention from both locals and tourists. Construction crews are still on site, working at full speed to complete the final stages of the build.
4. One Toronto Gaming began the construction of Pickering Casino Resort last year and is projected to open in two phases. The first phase is slated to open in 2020 and will feature a number of gaming and dining options, while the second phase will include a full scope of entertainment amenities and hotel offerings.

Constructioncrews are still on site, working at full speed to complete the finalstages of the build. GCG is confident that the project will becompleted by the second week of April; so confident they’ve set anofficial date for the grand opening. It’s a launch several years inthe making, and one that comes with additional phases in the monthsahead.

Pickering Casino Resort Grand Opening April 8,2020

GCG hasscheduled a ribbon-cutting ceremony for Wednesday, April 8, 2020.The mid-week party date was intentional, no doubt, as these eventstend to come with door prizes for the first however-many guests.Hosting the celebration on a Wednesday should cut down on the numberof tourists, making it more convenient for locals to enjoy thefestivities.

Pickering Casino Construction Update Template

The average selling price of pre-construction condos in the City of Pickering for 2019 is $339,600. New listings, for the year thus far, has maintained a price per square foot of $566, while prices continue to grow to 28.1% year-over-year. The average rental rate for the City of Pickering is presently $1,900.

The grandopening celebration is expected to draw a decent amount of attentionas the city’s residents have been hearing about this project forthe last few years. No doubt thousands of locals will be eager toexplore the property and see what GCG has spent so much time, moneyand effort putting together.

It was initiallybelieved that the opening of Pickering Casino would spell the end ofAjax Casino at Ajax Down. After all, the new Pickering site isonly a 10-12 minute drive from the Ajax gambling destination, alsomanaged by GCG. However, the Ontario Lottery and Gaming Corp(OLG) decided to keep the Slots at Ajax Downs, thereby preservingracing venue, as well as the jobs of many of that location’semployees. The attraction to Pickering’s new casino will be a) itsproximity to Toronto, and b) the availability of live dealer tablegames.

According to theofficial website, the PhaseOne launch will include “over 2,000 Slot Machines, 100 LiveTable Games, and 167 Live Dealer Stadium Gaming terminals.”Restaurant menus are said to offer fine dining, pub fare, an “upscalebuffet”, and more.

Opposition Still Wary of Market Saturation

The GraterToronto Area (GTA) is already home to several gambling facilities.Many did – and still do – argue over the need for new gamblingproperty in the Durham region. GCG may have dibs on most of thearea’s gambling revenue, but the owners of Casino Ramaaren’t so pleased with the situation.

Casino Rama,located 115km north of Toronto, was opened in 1996 by the Chippewa ofRama First Nation. For more than two decades, it was the area’slargest and most visited casino; among the most famous in all ofOntario, outside of the Niagara Falls region. Now, its owners fearthe property will eventually be unable to sustain operations as theylose patrons from Ajax, Markham and Pickering. Additional expansionsat GCG’s Casino Woodbine and Great Blue Heron Casinoin western GTA don’t bode well for them, either. And no doubt it’sgoing to get worse before it gets better.

Hotel and Arena to Open by End of 2020

Before the yearis out, construction on Phase Two of thePickering Casino Resort should be complete as well. When it is, theproperty will be welcoming the first guests to its 275-room luxuryhotel tower. Adjacent to that will be a 2,500 seat arena, promisingto host year-round concerts, theatre performances, and other liveevents.

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