Snuneymuxw First Nation buys Coquitlam casino

By Patrick Penner, Local Journalism Initiative Reporter, Tri-Cities Dispatch Snuneymuxw First Nation has reached an agreement to acquire Great Canadian Casino Vancouver, one of the Lower Mainland’s largest gaming and entertainment venues. The purchase of the Coquitlam property just north of the Fraser River, announced on Dec. 19 by Petroglyph Development Group (PDG) – the economic development arm of the Nanaimo-based nation – marks a significant expansion of the its gaming portfolio. Chief Mike Wyse (Xum’silum) said the deal reflects Snuneymuxw’s disciplined approach to growth and long-term economic independence. “The proposed acquisition of Great Canadian Casino Vancouver marks another step toward economic self-determination for Snuneymuxw, strengthening our long-term prosperity, financial independence and restoring an economy that thrived for thousands of years,” he said. The agreement represents Snuneymuxw’s fifth major casino…

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