B.C. First Nation buys Coquitlam, B.C., casino
The Snuneymuxw First Nation has purchased the Great Canadian Casino Vancouver in Coquitlam, B.C., marking their fifth casino acquisition in the province this year.Summary
The Snuneymuxw First Nation has announced the purchase of the Great Canadian Casino Vancouver in Coquitlam, British Columbia, signifying a major step towards economic self-determination for the nation. Chief Mike Wyse stated the acquisition strengthens their financial independence and aims to restore an economy that thrived for millennia. The casino, which features 917 slot machines, 37 table games, and 42 electronic table games, has been a significant contributor to the Coquitlam economy, and the Snuneymuxw First Nation, through its economic branch Petroglyph Development Group, intends to maintain those benefits. The transaction is pending regulatory approvals and is expected to further bolster the nation’s economic portfolio, with gratitude expressed for the contributions of past generations. The Snuneymuxw First Nation has approximately 2,000 members and is one of the largest First Nations in British Columbia.
(Source：Global News)