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Thompson-Okanagan

Who owns Cascades Casino Penticton

Gateway Casinos & Entertainment Limited runs Cascades Casino Penticton at 201-553 Vees Dr., which opened on April 5, 2017, on a site leased from the City of Penticton. Gateway bought the Lake City Casinos in Penticton, Kelowna, Kamloops and Vernon in August 2002.

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. The casino opened on April 5, 2017, on a site by the South Okanagan Events Centre leased 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

Gateway bought the Lake City Casinos in Penticton, Kelowna, Kamloops and Vernon in August 2002. 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

Cascades Casino Penticton is open Sunday to Thursday 10 AM to 12 AM, and Friday and Saturday 10 AM to 2 AM, Pacific time. Holiday hours should be checked on the casino's own site. Live tables run Wednesday to Saturday from 4:30 PM until late, and Sunday 2 PM to 10 PM. No table hours are listed for Monday and Tuesday.

The floor has more than 400 slots, 5 gaming tables, 1 poker table and 4 electronic table games. MATCH Eatery & Public House has a rooftop patio and an outdoor bocce court.

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. A GameSense Advisor is available in every casino in British Columbia for anyone harmed by gambling.

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
Denominations $0.01 to $1 per pay-line; coinless ticket-in/ticket-out; "Dollar Dreams" progressive linked to nine $1 machines
5 gaming tables, 1 poker table, 4 electronic table games

At the door

Cascades Casino Penticton is at 201-553 Vees Dr., Penticton, and its phone number is 250-487-1280. People under 19 may not enter. Since June 2023, everyone entering a BC gambling facility shows government-issued photo ID, which is checked against 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 (free; sign up at Guest Services with valid ID)
Transit
BC Transit South Okanagan-Similkameen: stop "Vees & Wade" about 70 m from the venue (routes 2, 4, 11, 15 Night Route, 30 Penticton / Summerland, 40 Osoyoos / Penticton)
Access
Accessible to customers with disabilities; wheelchairs, accessible formats and communication supports on request

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 sale or change of owner since 2024 is published for it. Gateway bought the Lake City Casinos in Penticton, Kelowna, Kamloops and Vernon in August 2002. Cascades Casino Penticton opened on April 5, 2017.

What rules apply on the floor here?

BCLC conducts and manages the games. Guests must be 19 or older and show government-issued photo ID on entry. The players' card named here is Encore Rewards.

What are the hours at Cascades Casino Penticton?

The casino is open Sunday to Thursday 10 AM to 12 AM, and Friday and Saturday 10 AM to 2 AM, Pacific time. Live tables run Wednesday to Saturday from 4:30 PM until late, and Sunday 2 PM to 10 PM. Holiday hours should be checked on the casino's own site.