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Thompson-Okanagan

Who owns Cascades Casino Penticton

Gateway Casinos & Entertainment Limited runs Cascades Casino Penticton at 201-553 Vees Dr.; the casino opened its doors April 5, 2017, on land leased from the City of Penticton. In August 2002, Gateway purchased the four Lake City Casinos, located in Kamloops, Kelowna, Penticton and Vernon.

By the Ledger Desk · Checked October 7 and 8, 2026

Who runs it, and who owns it

Gateway Casinos & Entertainment Limited runs Cascades Casino Penticton. It is one of eight casinos in this guide that Gateway runs, four in Metro Vancouver and four in the Thompson-Okanagan. Gateway describes itself as the exclusive casino operator in the Thompson Okanagan region. Its purchase of the Lake City Casinos in Penticton, Kelowna, Kamloops and Vernon dates from August 2002.

In British Columbia, BCLC conducts and manages casino gambling, and private service providers run the casinos. This guide uses "runs" for the operating company and "owns" only where an owner or a sale is published. For Cascades Casino Penticton, no owner and no sale is published, so no owner is named here. Who owns Gateway itself is not covered on this site.

The land has its own arrangement. On April 5, 2017, the casino opened on land beside the South Okanagan Events Centre, which it leases from the City of Penticton.

The record by year

2024

Operator
Gateway Casinos & Entertainmentsince 2002

2025

Operator
Gateway Casinos & Entertainmentsince 2002

2026

Operator
Gateway Casinos & Entertainmentsince 2002

Dates on the record

In August 2002, Gateway purchased the four Lake City Casinos, located in Kamloops, Kelowna, Penticton and Vernon. Cascades Casino Penticton opened on April 5, 2017. Its site sits by the South Okanagan Events Centre, on land leased from the City of Penticton.

No sale or change of owner since 2024 is published for this casino. Gateway runs it, along with the other three Thompson-Okanagan casinos in this guide.

Elsewhere in the province, four casinos in this guide have passed to First Nations ownership since January 2025. They are Casino Nanaimo, Elements Casino Victoria, Great Canadian Casino Vancouver and River Rock Casino Resort. Sales of Hastings Casino and Elements Casino Surrey to First Nations have been agreed. None of the six is in the Thompson-Okanagan.

Cascades Casino PentictonPlaytime Casino Kelowna, 44.9 km
  1. 2024Gateway
  2. 2025Gateway
  3. 2026Gateway
Thompson-Okanagan from Natural Earth outlines; distances are straight lines; owners by year as in the record below.

On the floor

Sunday through Thursday, Cascades Casino Penticton opens 10 AM to 12 AM; Friday and Saturday it opens 10 AM to 2 AM, all on Pacific time. Hours on holidays may change, so confirm them on the casino's own website. Live table games run Wednesday to Saturday from 4:30 PM until late, and on Sunday from 2 PM until 10 PM. Monday and Tuesday have no posted table hours.

There are more than 400 slots on the floor, along with 5 gaming tables, 4 electronic table games and 1 poker table. At MATCH Eatery & Public House, guests will find an outdoor bocce court as well as a rooftop patio.

BCLC conducts and manages the games here, as it does for all commercial gambling in British Columbia. The players' card is Encore Rewards, the same card named at fifteen of the sixteen casinos in this guide. Anyone harmed by gambling can see a GameSense Advisor, who is available at each casino in British Columbia.

Published hours, Pacific time

Sun to Thu 10 AM to 12 AM; Fri to Sat 10 AM to 2 AM

Live tables
Wednesday to Saturday 4:30 p.m. to Late; Sunday 2:00 p.m. to 10:00 p.m. (no table hours listed Monday to Tuesday)
Poker
Friday & Saturday table opens 6:30 p.m.; Sunday table opens 2:30 p.m.; poker phone 250-462-4304 (sign-up from 11:00 a.m.)
Games
Slot machines: more than 400
Coinless ticket-in/ticket-out; bets from $0.01 to $1 per pay-line; nine $1 machines share the "Dollar Dreams" progressive
4 electronic table games, 5 gaming tables and 1 poker table

At the door

The address of Cascades Casino Penticton is 201-553 Vees Dr., Penticton, and the casino can be reached by phone at 250-487-1280. Entry is closed to anyone younger than 19. From June 2023, every guest who enters a gambling facility in BC shows photo ID issued by government, and that ID is compared with the self-exclusion list.

Playtime Casino Kelowna is 44.9 km away in a straight line, and Lake City Casino Vernon is 90.9 km away. The guide computes these between OpenStreetMap points. They are not driving distances, and no travel times are given.

Plan your visit, checked October 10, 2026

At the door
Photo ID required for entry
Card
Encore Rewards (no cost; register with valid ID at Guest Services)
Transit
BC Transit South Okanagan-Similkameen: "Vees & Wade" stop, roughly 70 m from the venue (served by 2, 4, 11, the 15 Night Route and 30 Penticton / Summerland, 40 Osoyoos / Penticton)
Access
Open to customers with disabilities; wheelchairs available on request, along with accessible formats and communication supports

Directions in Google Maps

Official site: cascadescasinopenticton.com

Not a paid link.

Sources (9)

Questions on the record

Who runs Cascades Casino Penticton?

Gateway Casinos & Entertainment Limited runs it. Gateway runs eight of the sixteen casinos in this guide and describes itself as the exclusive casino operator in the Thompson Okanagan region. No owner of the casino is published.

Has Cascades Casino Penticton changed hands since 2024?

No published record shows a sale or a new owner for it since 2024. In August 2002, Gateway purchased the four Lake City Casinos, located in Kamloops, Kelowna, Penticton and Vernon. Cascades Casino Penticton opened on April 5, 2017.

What rules apply on the floor here?

BCLC conducts and manages the games. At the door, every guest must be 19 or older and must produce government-issued photo ID. Encore Rewards is the players' card named for this casino.

What are the hours at Cascades Casino Penticton?

All times are Pacific: Sunday through Thursday, the casino welcomes guests between 10 AM and 12 AM, and on Friday and Saturday between 10 AM and 2 AM. Live table games run Wednesday to Saturday from 4:30 PM until late, and on Sunday from 2 PM until 10 PM. Hours on holidays may change, so confirm them on the casino's own website.