Great Canadian Gaming Corp. announced on Midweek that old hand manufacture executive Tony Rodio testament be the Toronto-based company’s new CEO.
Rodio has nearly 40 years of receive inwards the gaming industry. He served as the CEO of Caesars Entertainment inward the lead-up to its acquisition by Eldorado Resorts. After that $17.3 1000000000 deal shut and Eldorado’s Tom Reeg became the CEO of the new Caesars, Rodio became a consultant to the merged entity. His role inwards that mental ability included advising the fellowship on its $500 trillion casino projection in Danville, Va.
Before his piece of work with Caesars, Rodio served as the CEO of Affinity Gaming and the chair and CEO of Tropicana Entertainment.
He at present takes o'er a troupe with 25 facilities crossways Canada. His reaching comes just months after all but ane of the company’s gaming venues were shut for extended periods earliest this year because of COVID-19 protocols inwards the country.
“Great Canadian is an incredible gaming and entertainment enfranchisement and I’m excited to atomic number 82 the Company as we go on to safely receive endorse squad members and guests crosswise the country,” he said inward a statement.
Besides serving as CEO, Rodio will also hold a place on the company’s get on of directors.
GCGC Chair: Rodio a “Most Accomplished Executive”
GCGC Board Chairman Alex caravan Hoek, who also serves as a partner with Apollo Global Management, said inwards the waiver that the company is well-chosen to experience Rodio get together the team.
Tony is single of the industry’s to the highest degree completed executives, and we are confident that his go through leading businesses through and through transformative periods of innovation and maturation testament aid to submit Great Canadian to unexampled heights,” he said.
He takes over for interim CEO Terrance Doyle, who stepped into that role in Jan after Rod Baker resigned as president, CEO, and table member.
Baker’s going away coincided with Phoebus assuming verify of the society after a $1.9 one million million takeover and Canadian officials charging Baker and his wife for breaking isolation and receiving COVID-19 vaccinum shots under untrue pretenses inwards the Yukon Territory.
Doyle led the fellowship through the shutdowns and reopenings. He will now help as the subject chair for business concern development. That attitude reports straight to the get on and will facilitate the board on unexampled marketplace opportunities, including those inward the Greater Toronto Area.
Apollo Completes GCGC Stock Buy
Rodio’s ascension to the CEO patch came on the same mean solar day that Phoebus Apollo Global completed its acquisition of the Candian gaming operator.
“Together with Apollo and my direction team, we consider tremendous chance to build on Great Canadian’s leading marketplace position, improving the guest go through and entering young channels for growth, with a continuous focalise on the importance of our relationships with our Crown agencies and other Florida key stakeholders,” Rodio added.
Apollo made several overtures to the company, and inwards December boosted its extend to CAD 45 (USD 35.45).
The young ownership announced that it had completed the acquisition of all spectacular vulgar stock shares. With the acquisition now closed, Great Canadian’s stockpile is no more yearner listed on the Toronto Stock Exchange.
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