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Hastings Entertainment Purchase Worth $20.1 Million

8 April 2004

RICHMOND, British Columbia – As reported by the Canadian Press: "Casino and racetrack operator Great Canadian Gaming Corp. said Thursday its purchase of Hastings Entertainment Inc. was worth $20.1 million (US$15.1 million).

The Hastings Racecourse in eastern Vancouver was purchased from Woodbine Entertainment Group. Vancouver real estate company Wall Financial Corp. will acquire a 40 per cent interest in the Great Canadian Gaming subsidiary that is buying Hastings.

Great Canadian Gaming has more than 2,000 employees and operates seven casinos in British Columbia, four in Washington state, a thoroughbred racecourse, four licensed restaurants and a marina…"

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