About OEG Inc.
OEG Inc. is a North American leader in sports and entertainment, retail cannabis and hospitality.
OEG Inc.’s sports and entertainment portfolio includes iconic NHL, AHL and WHL franchises, the world’s best entertainment venues and events, ICE District Plaza, Fan Park @ ICE District, an industry-leading community foundation and film production company, Dark Castle Entertainment.
Hockey remains at the heart of OEG Inc.'s Sports & Entertainment organization, driven by the Edmonton Oilers—one of the world’s most iconic sports franchises. With a storied history and global legacy, a world-class arena and plaza, a wildly passionate fan base, league-leading revenue metrics including additional content and gaming potential, two of best players on the planet and a Western Conference title in the 2024 NHL Playoffs—we are positioned for growth and success on and off the ice for years to come.
With world-class venues, operational expertise, brand identity and awareness and a far-reaching reputation now in place, Edmonton’s ICE District is a highly sought-after destination for employers, performers, fans, visitors, residents and consumers to live, work, stay and play. Managed and activated by OEG Sports & Entertainment, we will continue to transform downtown Edmonton through ICE District—the heartbeat of the city and epicentre of entertainment.
OEG Inc.’s film production company, Dark Castle Entertainment, is a successful independent film and television production/development company with a diverse IP library of film and television titles, deep connections within the entertainment industry and is well known for its ability to create atmospheric, visually striking films.
Tokyo Smoke is an award-winning cannabis retailer committed to bringing Canadians the highest quality, regulated products online and across 61 convenient retail locations. Tokyo Smoke educates and empowers customers to make well-informed decisions about safe, high-quality cannabis products—curating unique offerings and product assortments that reflect Canadians’ interests, neighbourhood by neighbourhood. The group operates approximately 167 locations in total across Ontario, Manitoba, Saskatchewan and Newfoundland and Labrador through its various retail programs.
Complementing our sports and entertainment and cannabis divisions, our partnerships through OEG Hospitality feature a wide variety of the country’s best-known, award-winning restaurants, along with catering and event venues in Canada’s growing restaurant industry—with a successful 30+ year history of culinary, experiential and operational excellence.
History
Our business was founded as Katz Group in 1991. The Company’s history has been defined by the bold and long-term vision of its Founder, Daryl Katz, for building great businesses in pharmacy, sports, entertainment, real estate, hospitality and retail. OEG Inc. is a North American leader in sports and entertainment, retail cannabis and hospitality.
1991
Purchases the Canadian franchise rights to Medicine Shoppe Pharmacy for $300,000
1994-1999
Acquires Rexall, PharmaPlus, and Drug Trading Co. which included the Guardian and I.D.A banners
2008
Acquires the Edmonton Oilers and the Edmonton Oil Kings
2010
Begins assembling a 25-acre parcel of contiguous real estate in downtown Edmonton
2012
Unveils plan for ICE District, which would become North America’s second largest mixed-use sports and entertainment district
Sells independent franchise pharmacy business (IDA and Guardian) to McKesson Corp. for C$0.9 billion
2014
Acquires Bakersfield Condors
Partners with the City of Edmonton to develop Rogers Place, an award-winning, world-class sports and entertainment venue
Begins construction of ICE District Phase 1
2015
Acquires interest in Oliver & Bonacini, a leading Canadian restaurant, hospitality and event group
2016
Sells Rexall Health to McKesson Corp. in a transaction valued at C$2.9 billion
Opens Rogers Place
2017
Acquires majority interest in Oliver & Bonacini
2018
Sells Edmonton Tower to AIMCo in a transaction valued at C$400 million
Oliver & Bonacini acquires Concorde Entertainment Group
2019
Acquires the master franchise rights for Tokyo Smoke, the leading cannabis retailer in Ontario
Sells Stantec Tower to DEKA Immobolien, one of Europe’s largest pension funds, in a transaction valued at more than C$500 million
Opens JW Marriott ICE District, a luxury hotel in the heart of Edmonton
Welcomes residents to ICE District’s SKY Residences and Signature Suites
2020
NHL selects Edmonton as Hub City to host the 2020 Stanley Cup playoffs at Rogers Place and JW Marriott ICE District
2021
International Ice Hockey Federation (IIHF) selects Edmonton and Rogers Place to host the 2021 World Junior Championships
2022
Launches OEG Inc.
Oil Kings WHL Champions
Official opening of ICE District Plaza
Edmonton Oilers Community Foundation sets NHL record with $20 million reinvested in a single season
2023
OEG Hosts the 2023 NHL Heritage Classic
OEG Completes Acquisition of Retail Stores and Tokyo Smoke Brand from Canopy Growth in Cross-Country Expansion
Official opening of Fan Park @ ICE District
ICE District Phase I Complete
2024
Edmonton Oilers 2023-24 NHL Western Conference Champions
Edmonton Oilers Community Foundation reaches $100 million community investment milestone