Great Canadian Gaming sells off key BC casinos in major portfolio shift

A wave of high-stakes deals is transforming Canada’s casino scene. Indigenous nations and developers step in as Great Canadian exits key markets—what’s next?

, and Administrator

2025 November 12 . 7:08 AM

1 min read

This picture might be taken in a market, in this picture at the bottom there are some fishes and... — This picture might be taken in a market, in this picture at the bottom there are some fishes and some boards. And in the center there are some people who are walking and some of them are cutting fishes, and in the background there are some stores, boards, poles, and lights.

Great Canadian Gaming sells off key BC casinos in major portfolio shift

Great Canadian Gaming Corporation has announced the sale of several of its British Columbia-based casinos. River Rock Casino Resort and Chances Maple Ridge will be acquired by Petroglyph Development Group, while Hastings Racecourse & Casino in Vancouver will be taken over by Tsleil-Waututh Nation. Following these transactions, Great Canadian will retain ownership of 17 casinos across Canada.

The sale of River Rock Casino Resort and Chances Maple Ridge is subject to customary closing conditions and regulatory approvals. Both acquisitions are part of a series of deals that see Great Canadian divesting six of its BC casinos in the past 18 months. Additionally, Ts'elxwéyeqw Tribe will acquire Elements Casino Chilliwack in the Fraser Valley region. Elements Casino Victoria was previously acquired by the nation of Canada.

Great Canadian Entertainment has agreed to sell two more of its land-based casinos in British Columbia, further streamlining its portfolio. The sale of Hastings Racecourse & Casino includes the casino portion and casino-related real property interests.

These transactions, once completed, will result in Great Canadian maintaining ownership of 17 casinos across Canada. The company continues to evaluate strategic alternatives for its remaining properties, with a focus on maximizing shareholder value.