OTCPK:GCGMF - Post by User
Post by
maypeterson Aug 03, 2018 8:14am
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Post# 28409139
Looks like the Q2 numbers should be good
Looks like the Q2 numbers should be goodThe following is from the BBU Q2 report letter to investors:
This is the first full quarter with contributions from our gaming services operation, One Toronto, which operates the three facilities in the Greater Toronto Area. Results were strong during the quarter with increased gross gaming revenue at all three facilities. We made considerable progress during the quarter on our development plans and have received all major municipal and provincial approvals required for the redevelopment of the three sites into modern, multi-use facilities. First stage renovation work has already started at Woodbine, which is our largest site and is adjacent to the Toronto International Airport, as part of a two-stage redevelopment. We remain very optimistic on the longer-term prospects for this business.