Great Canadian agrees to sell two British Columbia casinos
Great Canadian Entertainment agreed to sell Elements Casino Chilliwack to the Ts’elxwéyeqw Tribe and Hastings Racecourse & Casino to Tsleil-Waututh Nation. Both transactions require customary closing conditions and regulatory approvals; the Hastings deal also needs approval from the City of Vancouver. Great Canadian will provide transitional services after closing.
The agreements could transfer ownership of two casino businesses, subject to regulatory and municipal approvals.