River Rock in Richmond becomes fifth casino added to Snuneymuxw company's portfolio
Snuneymuxw First Nation's company, Petroglyph Development Group, has acquired River Rock Casino in Richmond, becoming the largest First Nation-owned casino operator in Canada.Summary
Petroglyph Development Group (PDG), a company wholly owned by the Snuneymuxw First Nation, has officially completed the purchase of River Rock Casino in Richmond. This acquisition, finalized on Tuesday, makes River Rock the fifth casino in PDG's portfolio. The deal was finalized through a limited partnership with Musqueam Capital Corporation. Chief Mike Wyse described the closing as a historic day for Snuneymuxw and the Canadian gaming industry. River Rock is the largest casino resort in Western Canada, featuring over 1,200 slot machines, a hotel, a theatre, and other amenities. With this addition, PDG now operates the most recognized gaming destination in British Columbia. The company is now positioned as Canada's leading Indigenous hospitality operator. The acquisition is the result of generations of work by the Snuneymuxw people to build a strong, self-determined future.
(Source：CHEK News)