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Casino Rama ownership structure presents 'heightened' risk

The new operator of Casino Rama says the ownership structure of the popular gaming facility east of Orillia “adds a heightened level of risk” to its operation. According to documents filed by Gateway Casinos and Entertainment with the U.S. Securities and Exchange Commission, the complicated lease arrangement and recent policy changes at Rama First Nation muddy the waters for the massive company now operating the casino.


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