Catalyst Capital-owned Gateway Casinos files with SEC for IPO
Gateway Casinos & Entertainment Ltd, a Vancouver-based gaming and entertainment company, has filed a draft registration with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its common shares. The IPO, which has not yet been priced, is expected to commence following the SEC's review and subject to market and other conditions. Founded in 1992, Gateway operates 25 gaming properties with more than 280 tables, over 9,600 slots, 68 restaurants and bars and 272 hotel rooms. It recently expanded operations in Ontario. Gateway was acquired in 2010 by Canadian private equity firm Catalyst Capital Group, which restructured the business.
25 September 2018•2 mins read
