Mr. Rod Baker reports

GREAT CANADIAN GAMING INSIDER INTENDS TO TRANSFER COMMON SHARES

Great Canadian Gaming Corp. chairman Peter G. Meredith has given notice that he intends to gift up to 70,000 of his Great Canadian common shares within the next 30 days. This represents up to 60 per cent of his holdings and value in Great Canadian securities, which include common shares and deferred share units.

The company has in place policies that are designed to provide transparency to the public about an insider's intention to trade in the company's securities. A cornerstone of that policy is a requirement that insiders give the company prior notice of any intention to trade Great Canadian securities so that the market may be alerted to that intention if the company believes that an insider is intending to trade a material quantity of the company's securities and/or a material portion of the value of such securities that are under the insider's control.

Other insiders of the company may from time to time disclose their intentions to trade securities of the company.

About Great Canadian

The company has 20 gaming properties, which consist of 12 casinos, including a four-diamond resort hotel in Richmond, B.C., and a four-star hotel in Moncton, N.B., four horse racetrack casinos, three community gaming centres, and one commercial bingo hall.