Five rural Nova Scotia First Nations are the largest operators of casinos in Alberta.
If an upcoming shareholder vote goes as expected, they’ll nearly double their stake in the oil province’s lucrative gambling market.
The 34-year-old behind the rapid growth of Indigenous Gaming Partners traces his business story back to a used ice machine he and his dad bought nearly two decades ago in the Annapolis Valley.
“I know business, and I wanted to help my community the best way I can,” said Michael Peters, chairman of Indigenous Gaming Partners’ board of directors.
This is the story of how the Glooscap First Nation, which has fewer than 500 souls, has led the acquisition of four Alberta casinos by five Nova Scotia Mi’kmaq communities and the deal that could see them add three more.
