Midway through 2024, Great Canadian Entertainment operated nine casinos in British Columbia. In the space of 18 months, it has agreed to sell six of those to First Nations groups.
The coast-to-coast casino operator confirmed on Monday that it has entered into a definitive agreement with certain communities from the Ts’elxwéyeqw Tribe to sell Elements Casino Chilliwack, one of the biggest gaming destinations in the Fraser Valley region, pending customary closing conditions and approvals.
Made up of seven First Nations communities, the Ts’elxwéyeqw are the First People of the Chilliwack River watershed in southwestern B.C. The English word Chilliwack derives from the Ts’elxwéyeqw name.
Squiala First Nation Chief and Ts’elxwéyeqw Tribe Management Ltd. President Chief David Jimmie said the acquisition represents the community investing into its people and its future.
