On January 16, 2025, Great Canadian Gaming Corporate (“GCGC”) completed its previously announced definitive agreements to sell Casino Nanaimo and Elements Casino Victoria to Petroglyph Development Group Ltd. (“Petroglyph”), a wholly owned corporation of Snuneymuxw First Nation. The deal followed the sale of Casino Nanaimo to PDG, further expanding PDG’s casino portfolio on Vancouver Island.

Great Canadian’s Board unanimously approved the sale, subject to regulatory approvals and closing conditions. Post-sale, Great Canadian will provide transition services to PDG for up to two years. The transaction is seen as a step forward in enhancing Snuneymuxw’s economic potential.

McMillan served as legal counsel to Great Canadian, while PDG was advised by McCarthy Tétrault. KPMG Corporate Finance Inc. acted as PDG’s financial advisor. The transaction value was undisclosed.

Snuneymuxw Chief Mike Wyse and PDG leadership emphasized the acquisition’s role in advancing Snuneymuxw's economic independence and broader participation in regional and national economies. PDG’s CEO, Ian Simpson, highlighted the acquisition's potential for transformative growth in Snuneymuxw’s economy.

The deal strengthens the Snuneymuxw First Nation’s presence in the gaming sector and marks another milestone in its partnership with Great Canadian Entertainment and the B.C. Lottery Corporation.