The MMJ Family Resort and Gaming project will be located in the greater Toronto – London, Ontario metroplex, a region supporting a very large and wealthy population draw. This $1.3 Billion Casino and Resort, operating under the sovereignty of the Chippewa Indian Nation, is shovel ready and partnered with MMJ, who will build and manage the operation. MMJ has a 43 year long track record and successful history of construction and management of partnering with Sovereign Indigenous nations, having developed 27 Native American casinos throughout the USA and Canada, The Indian Nation Elected Council has made the final decision and approved the Family Destination Resort to move forward. Draft calculations suggest a gaming revenue capture figure during the first full year of full operation of $493Million(CAD) and patrons of 4.3 million. The objective is to create an all-weather destination that provides a mix of attractions that overwhelm present and future regional competition. The London-Toronto area is described as being at the tip of the 12th largest mega region with a 22 million population and an economy of ½ Trillion dollars. It spans from London Ontario to Quebec City and down to Buffalo NY.
 
USDYear 1Year 2Year 3Year 4Year 5
Turnover

332,152,000

365,367,000

383,636,000

395,145,000

406,773,000

EBITDA

116,882,000

139,476,000

149,659,000

154,148,000

158,773,000

%

35

38

39

39

39