The transaction represents a transformational milestone for communities within the Ts’elxwéyeqw Tribe
Great Canadian Entertainment has completed the sale of Elements Casino Chilliwack, one of the leading casino properties in the Fraser Valley region of British Columbia.
Following an agreement last November, the casino is now owned by a consortium group of certain communities from the Ts’elxwéyeqw Tribe, through an entity affiliated with Ts’elxwéyeqw Tribe Management.
Elements Casino Chilliwack features over 300 slots, alongside a range of live and electronic table games, and bingo.
“Our communities have built a diverse business portfolio over the years in commercial real estate development, sustainable forestry operations, environmental stewardship and conservation of cultural values, and energy infrastructure,” said Chief David Jimmie, president of Ts’elxwéyeqw Tribe Management. “This acquisition is the next step in that growth.
“Elements Casino Chilliwack is a strong, established business, and we’re proud to bring gaming and hospitality into our portfolio. This transaction shows what our communities are capable of when we compete and lead in the business world.”
Great Canadian Entertainment CEO Matt Anfinson commented: “We are thrilled to welcome the Ts’elxwéyeqw Group to BC’s gaming industry. We have had the privilege of being part of the Chilliwack community since we opened Elements Casino Chilliwack in 2012, and we believe that under the Ts’elxwéyeqw Group’s leadership, the business will begin an exciting new chapter.
“For the team members and guests of Elements Casino Chilliwack, and the local community, we can think of no better steward for the business.”
The Ts’elxwéyeqw Tribe constitutes seven First Nation communities and are the First People of the Chilliwack River watershed.