Great Canadian Entertainment announced the sale of Elements Casino Chilliwack in British Columbia to a consortium of communities from the Ts’elxwéyeqw Tribe. The buyer is acting through an entity affiliated with Ts’elxwéyeqw Tribe Management Inc.; the companies did not state a sale price or completion date.
The sale changes ownership of a British Columbia casino and includes a transition period with Great Canadian.
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Petroglyph Development Group (PDG) completed its acquisition of Chances Casino in Maple Ridge, British Columbia, from Great Canadian Entertainment, the company announcement said. The agreement was announced in October, and the report said a separate planned acquisition of River Rock Casino Resort had not yet closed. PDG is wholly owned by Snuneymuxw First Nation.
Great Canadian Entertainment agreed to sell Elements Casino Surrey to SE-MI-AH-MU Development Corporation, the economic development arm of Semiahmoo First Nation. Completion remains subject to financial commitments, customary closing conditions, regulatory approval and City of Surrey approval; the price was not disclosed. Great Canadian will provide transition services for up to one year after closing.
Snuneymuxw First Nation announced that its wholly owned Petroglyph Development Group agreed to acquire River Rock Casino Resort and Chances Maple Ridge from Great Canadian Entertainment. The transaction remains subject to regulatory and other approvals; upon completion, PDG would own four casino operations acquired from Great Canadian.
Ontario’s Alcohol and Gaming Commission of Ontario (AGCO) fined Great Canadian Entertainment $170,000 over failures to assess and monitor high-risk customers and report suspected money laundering at Pickering Casino Resort. The commission said its compliance audit found cases requiring enhanced monitoring and suspicious-transaction reports that had not been filed; the company can appeal within 15 days.
Ontario Lottery and Gaming said it would extend its Optional Slots at Racetracks Program, allowing slots to remain at Kawartha Downs beyond 31 March 2026. OLG gave no end date for the extension and said it would discuss operating-agreement and lease extensions with the relevant service providers and racetrack owners.