AI Summary
Sign in to listen

Snuneymuxw marks fifth purchase of 2025 with Great Canadian Casino Vancouver

Great Canadian entered into a definitive agreement to sell the Coquitlam, British Columbia property to PDG on December 19, a wholly owned corporation of the Snuneymuxw First Nation.

3 min read
Snuneymuxw acquires Great Canadian Casino Vancouver, marks fifth purchase for 2025
Key Points
Snuneymuxw First Nation has also purchased Casino Nanaimo, Elements Casino Victoria, River Rock Casino Resort and Chances Maple Ridge in 2025
Great Canadian Casino Vancouver offers 917 slot machines, 37 table games and 42 ETGs, as well as a 1,050-seat entertainment venue

Great Canadian Entertainment has entered into a definitive agreement to sell its Great Canadian Casino Vancouver facility to Petroglyph Development Group (PDG), a wholly owned corporation of the Snuneymuxw First Nation Tribe.

The acquisition of Great Canadian Casino Vancouver marks the fifth purchase Snuneymuxw has completed throughout 2025, having previously entered into agreements for Casino Nanaimo, Elements Casino Victoria, River Rock Casino Resort and Chances Maple Ridge.

"This latest agreement reinforces the strategy we're executing and the proven results we've achieved across our gaming portfolio," Snuneymuxw First Nation Chief Mike Wyse, Xum'silum said.

"The confidence placed in us by Great Canadian Entertainment and the industry is grounded in our disciplined approach to sustainable growth. The proposed acquisition of Great Canadian Casino Vancouver marks another step toward economic self-determination for Snuneymuxw, strengthening our long-term prosperity, financial independence and restoring an economy that thrived for thousands of years."

Great Canadian Casino Vancouver offers 917 slot machines, 37 table games and 42 electronic table games (ETGs), as well as a 1,050-seat entertainment venue.

The property is currently located in Coquitlam, British Columbia, and positions Snuneymuxw to become the largest Indigenous-owned gaming operator by revenue throughout Canada.

"This milestone contributes to the momentum of our dynamic gaming portfolio and our commitment to local sustainable economic development," PDG CEO Ian Simpson, Yaatqumtun said.

"Great Canadian Casino Vancouver has long been an important contributor to the Coquitlam economy, and we're committed to ensuring those benefits continue. As we expand Snuneymuxw's economic development footprint, we remain focused on creating lasting value for our Nation, for the communities where we operate and for the region as a whole."

Great Canadian CEO Matthew Anfinson also spoke on the transaction, having said, "Great Canadian Casino Vancouver has thrived because of the passion and dedication of our team members and community.

"We are pleased to pass this legacy into the hands of Snuneymuxw First Nation and the vision they hold for the business's future. We have every confidence that PDG and Snuneymuxw will continue to elevate this and their other properties for years to come."

The closing of the agreement still requires receipt of all regulatory and third-party approvals, including those listed under the Competition Act.

Good to know

Great Canadian agreed to sell two of its properties to Tribal entities on November 10, as the Ts'elxwéyeqw Tribe and Tsleil-Waututh Nation took over operations of Elements Casino Chilliwack and Hastings Racecourse & Casino

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
finlandbear

The €1bn question: Does Veikkaus’ lottery monopoly signify an unfair advantage?

As Finland’s demonopolisation nears, Veikkaus’ role in the new market becomes increasingly clear, following its timely return to growth over the first half of 2026.

3 min read • • By Will Underwood
Ballys Analysis

Boom or bust: Which of Bally’s new US developments holds the most potential?

As the operator prepares to launch new casino-resorts in Las Vegas, Chicago and New York, recent concerns regarding Bally’s financials may cast doubt on each’s long-term potential. But which one offers the most?

7 min read • • By Kirk Geller
Fedbet analysis

Romania under pressure: Institutional stability should be a priority – Fedbet President

Global Gaming Insider speaks to Fedbet President Alexandru Domșa about Romania’s changing gambling landscape.

4 min read • • By Marieta Lezaic

In The News

View All
Michigan iGaming August
[ELEVATED IMPORTANCE]

Michigan iGaming, online sports betting AGR rises 11.9% to $315m for August

The state’s online sports betting handle for August decreased 2.5% from the prior year period, while Michigan’s online sports betting revenue fell 29.3% to $24.2m.

· Legal & Regulatory + 5