Great Canadian Entertainment Completes Sale of River Rock Casino Resort
River Rock Casino Resort is Western Canada’s Largest Casino Resort
Great Canadian Entertainment (“Great Canadian”) announced today the successful closing of the sale of River Rock Casino Resort (“River Rock”), located in Richmond, B.C. on Musqueam lands, to a partnership formed by Petroglyph Development Group (“PDG”), a wholly owned corporation of Snuneymuxw First Nation, and Musqueam Capital Corp (“MCC”), the economic development arm of Musqueam Indian Band. The closing completes the previously announced agreement between Great Canadian and PDG and follows PDG’s acquisition from Great Canadian of Casino Nanaimo, Elements Casino Victoria, Chances Maple Ridge, and Great Canadian Casino Vancouver, solidifying PDG’s position as the largest Indigenous-owned casino operator in Canada by revenue.
“River Rock Casino Resort is one of the most successful and iconic gaming and hospitality destinations in Canada,” said Matt Anfinson, CEO, Great Canadian Entertainment. “We have full confidence in PDG’s and MCC’s collective leadership and long-term vision for River Rock and the community it serves. We look forward to watching River Rock and its team members continuing to thrive while contributing to the economic success of the Snuneymuxw First Nation and Musqueam Indian Band.”
