CINEPLEX INC.Reports Record Second Quarter Results – Amusement Revenues

Amusement Revenues The following table highlights the movement in amusement revenues for the quarter and the year to date (in thousands of dollars) Second Quarter Amusement revenues increased 19.6%, or $9.5 million, to a second quarter record of $58.1 million in the second quarter of 2019 compared to the prior year period. The growth was […]

Cineplex Announces New Location of The Rec Room Coming Soon to Downtown Vancouver

New Social Playground to Feature Multiple Dining Options, Over 100 Amusement Games, a Live Performance Space, Bowling and Virtual Reality TORONTO,ON, May 20, 2019 (TSX: CGX)–Cineplex, a leading entertainment and media company, today announced plans to open a new location of The Rec Room in downtown Vancouver, British Columbia.Spanning approximately 45,000 square feet over three […]

Cineplex Inc. and VRstudios Inc. Announce Partnership

Agreement Includes Equity Investment, Commercial Partnership and Expansion Opportunities Company Plans to Roll-Out 30-40 Virtual Reality Installations in Canada Toronto, ON, (TSX: CGX) September 2018 – Cineplex, a leading entertainment and media company, today announced a strategic partnership with VRstudios, Inc. (“VRstudios”), the largest provider of turnkey, location-based virtual reality solutions in the world. The […]

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Cineplex Completes Acquisition of Dandy Amusements International, Inc.

Toronto, ON, (TSX: CGX), April 10, 2017 – Cineplex announced April 3rd that it has completed the acquisition of Dandy Amusements International, Inc. (“Dandy”).  Now part of Cineplex’s amusement solutions business, Player One Amusement Group (“Player One”), Dandy operates within the coin-operated, route operations amusement equipment segment, predominantly in the western United States, including California, Arizona, […]

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Cineplex Bets Big On The Rec Room As One Way To Lessen Reliance On Hollywood

  Cineplex Inc. is Canada’s dominant exhibitor with a 78% market share but the company is continuing to diversify to lessen its dependence on the Hollywood studios. Its latest initiative is the Rec Room, a vast entertainment facility which encompasses restaurants, a sports bar, gaming, live acts, a bowling alley, pool, air hockey, table tennis […]

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Cineplex Starburst Inc. Becomes Player One Amusement Group

TORONTO — Cineplex Entertainment subsidiary Cineplex Starburst Inc., one of North America’s largest distributors and operators of amusement and vending equipment, has been rebranded. As of early November, CSI and its sister business units — Brady Starburst LLC, Premier Amusements and Tricorp Amusements –began running under the new name Player One Amusement Group. Previously operating […]