Mr. Rod Baker reports

GREAT CANADIAN GAMING ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

Great Canadian Gaming Corp. intends to renew a normal course issuer bid for up to 3,995,203 of its common shares, representing approximately 10 per cent of the company's common shares in the public float. Purchases will be made subject to opportunities within the market.

As at March 8, 2017, there were 61,466,930 common shares of the company outstanding. Purchases will be by way of open market purchases through the facilities of the Toronto Stock Exchange, and other Canadian marketplaces, and payment for the shares will be in accordance with the TSX's rules. No purchases will be made other than by means of open market transactions during the term of the normal course issuer bid and conducted at the market price at the time of acquisition. All shares purchased by the company will be subsequently cancelled.

"The share repurchase program is an important tool for creating shareholder value which Great Canadian will employ opportunistically while considering the company's future cash needs for operating and development purposes and utilizing Great Canadian's secure and flexible financial position," stated Rod Baker, Great Canadian's president and chief executive officer.

The company received approval from the TSX to commence this bid on March 15, 2017. The bid will end on March 14, 2018, or earlier if the number of shares sought in the issuer bid have been obtained. The company will not purchase shares during its self-imposed blackout periods and reserves the right to terminate the bid earlier if it feels it is appropriate to do so. Pursuant to TSX policies, daily purchases made by the company will not exceed 29,676 common shares or 25 per cent of the prior six-month average daily trading volume of 118,705 common shares on the TSX, subject to certain prescribed exceptions.

In the event that insiders intend to sell securities of the company during the course of the bid, the company will not purchase such securities under the bid when advised of such sales.

During the last 12 months, the company purchased and cancelled 4,668,925 common shares at a volume-weighted average price of $17.57 per share under a normal issuer bid which expired on March 13, 2017.

About Great Canadian Gaming Corp.

Great Canadian Gaming is a Canadian-based company that operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia and Washington State. The company has 21 gaming properties, which consist of 13 casinos, including a four-diamond resort hotel in Richmond, B.C., a four-star hotel in Moncton, N.B., four horse racetrack casinos, three community gaming centres and one commercial bingo hall.

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