First Nation in Nanaimo buying Coquitlam casino
Summary
Snuneymuxw First Nation, through its economic development arm Petroglyph Development Group, has announced the purchase of Great Canadian Casino Vancouver in Coquitlam from Great Canadian Entertainment. The agreement is subject to closing conditions and approvals. Chief Mike Wyse stated the acquisition reinforces their strategy for sustainable growth and economic self-determination. The Coquitlam casino features 917 slot machines, 37 table games, and amenities like Gordon Ramsay Burger and a 1,050-seat Show Theatre. This purchase follows recent acquisitions of River Rock Casino Resort in Richmond, Chances Maple Ridge, Casino Nanaimo, and Elements Casino Victoria, demonstrating a significant expansion of the First Nation’s gaming interests and commitment to economic prosperity.
(Source:Vernon Morning Star)