Shares in Great Canadian Gaming Corp. (GCGC) soared on news that it won a bid to run three gambling facilities in Ontario.

On Tuesday, the Ontario Lottery and Gaming Corporation announced that it has selected Ontario Gaming GTA LP (OGGLP), a joint venture between GCGC and private equity firm Brookfield Business Partners LP, to run three casinos in the Toronto area.

The announcement caused Great Canadian shares to spike 18 percent to finish the day at a record C$30—the biggest one-day gain since 2001. Stock in Brookfield was also up 7.8 percent, closing the day at C$38.05.

Under the deal, OGGLP will have the exclusive right to operate OLG’s assets for a minimum of 22 years, including more than 4,000 slot machines, 60 table games and more than 2,200 staff, according to a statement released by the two companies.