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Snuneymuxw First Nation agrees to acquire two British Columbia casinos

Deals & M&A

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.

The acquisitions would expand PDG’s casino portfolio in British Columbia, subject to regulatory approval.

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Deals & M&A

Great Canadian agrees to sell Elements Casino Surrey to Semiahmoo entity

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.

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