Snuneymuxw First Nation purchases Coquitlam casino
Snuneymuxw First Nation is acquiring the Great Canadian Casino Vancouver in Coquitlam, B.C., furthering their economic growth strategy.Summary
The Snuneymuxw First Nation, through its Petroglyph Development Group (PDG), has entered into an agreement to purchase the Great Canadian Casino Vancouver in Coquitlam, British Columbia. This acquisition marks the nation’s fifth casino purchase this year, following successful acquisitions of Casino Nanaimo and Elements Casino Victoria, and agreements for River Rock Casino Resort and Chances Maple Ridge. Chief Mike Wyse emphasized the purchase as a step towards economic self-determination and long-term prosperity for the Snuneymuxw Nation. PDG President Erralyn Joseph highlighted the group’s growth over the past decade and their commitment to continued economic development. The Coquitlam casino features 917 slot machines, 37 table games, and 42 electronic table games. Great Canadian Entertainment CEO Matthew Anfinson expressed confidence in the Snuneymuxw Nation’s vision for the casino’s future, and the transaction is subject to regulatory approvals.
(Source：CHEK News)