Group From Ts’elxwéyeqw Tribe and Great Canadian Entertainment Announce Agreement for the Acquisition of Elements Casino Chilliwack

2 hours ago 1

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TS’ELXWÉYEQW (CHILLIWACK), British Columbia — Great Canadian Entertainment and a consortium group of certain communities from the Ts’elxwéyeqw Tribe, through an entity affiliated with Ts’elxwéyeqw Tribe Management Ltd. (the “Ts’elxwéyeqw Group”), announced today that on November 7th, 2025, they entered into a definitive agreement for the purchase by the Ts’elxwéyeqw Group from Great Canadian Entertainment of Elements Casino Chilliwack, one of the premier gaming and entertainment destinations in the Fraser Valley region of British Columbia.

Financial Post

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The Ts’elxwéyeqw Tribe constitute seven First Nation communities and are the First People of the Chilliwack River watershed. The transaction represents a transformational milestone for the communities within the Ts’elxwéyeqw Group.

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Elements Casino Chilliwack serves guests across the Fraser Valley and is Chilliwack’s top destination for gaming and entertainment, featuring over 300 slots, live and electronic table games, bingo, dining, live entertainment and more.

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The closing of the transaction remains subject to customary closing conditions and the receipt of regulatory and other approvals. Under the terms of the definitive agreement, Great Canadian Entertainment will continue to provide transitional services and support to the Ts’elxwéyeqw Group for a period following closing.

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“This purchase marks an exciting milestone for our Nations and for the entire territory,” said Chief David Jimmie, Chief of Squiala First Nation and President of Ts’elxwéyeqw Tribe Management Ltd. “By coming together in partnership, we are not only investing in a strong business opportunity, but also in the future of our people. The revenues generated through this acquisition will help strengthen our communities, create new opportunities, and ensure our Nations continue to play a leading role in the local economy. Additionally, we believe that local community-based ownership of Elements Casino Chilliwack will further strengthen the broader Fraser Valley community and economy. It’s a proud moment that reflects how Indigenous leadership and collaboration can build a stronger, more inclusive future for everyone.”

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“We are very excited to have entered into this agreement with the Ts’elxwéyeqw Group. 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 stewardship, 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 owner for the business,” said Matt Anfinson, CEO, Great Canadian Entertainment. “We look forward to the closing and then working with the Ts’elxwéyeqw Group team during the transition period.”

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McCarthy Tétrault LLP is acting as legal advisor and KPMG Corporate Finance Inc. is acting as financial advisor to the Ts’elxwéyeqw Group. McMillan LLP is acting as legal advisor to Great Canadian Entertainment.

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About Ts’elxwéyeqw Tribe

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The Ts’elxwéyeqw are one of the tribes of the Stó:lō – People of the River – and are part of the broader Coast Salish collective. The Ts’elxwéyeqw are the First People of the Chilliwack River watershed in the Central Fraser Valley of southwestern British Columbia. The Halq’eméylem tribal name “Ts’elxwéyeqw” forms the etymology of the English word “Chilliwack”.

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The Ts’elxwéyeqw Tribe’s territory, rich in history, culture and tradition, covers 95,000 hectares and encompasses a portion of land over the border with the United States. In the mid-18th century, with the creation of the Indian Act, the Ts’elxwéyeqw Tribe, a strong territory based First Nations, became seven Indian Act First Nation communities. The modern-day bands that constitute the Ts’elxwéyeqw Tribe include: Ăthelets (Aitchelitz), Sq’ewqéyl (Skowkale), Shxwhá:y, Th’ewá:li (Soowahlie), Sxwoyehálá (Squiala), Ch’íyáqtel (Tzeachten) and Yeqwyeqwí:ws (Yakweakwioose).

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Ts’elxwéyeqw Tribe Management Limited (TTML), based in Chilliwack, British Columbia, manages the Tribe’s partnerships, oversees an extensive number of cultural, economic, and business initiatives, and operates in a manner that respects the values, traditions, and objectives of the Tribe. TTML supports healthy Tribe communities, language, and culture through its Sponsorship Program. TTML is a member of the S’ólh Téméxw Stewardship Alliance (STSA), an alliance of Stó:lō First Nations, and the Collaborative Stewardship Forum (CSF).

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Ts’elxwéyeqw Tribe has previously received the Joint Venture Business of the Year Award from the BC Aboriginal Business Achievement Foundation as well as the Aboriginal Business of the Year Award from the Chilliwack Chamber of Commerce.

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To learn more, please visit www.ttml.ca.

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About Great Canadian Entertainment

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Great Canadian Entertainment is Canada’s leading gaming and entertainment company, with the most diversified collection of gaming and hospitality destinations across the country. From Ontario to British Columbia, Nova Scotia to New Brunswick, our properties feature slot machines, live and electronic table games, racetracks, restaurants, concert venues, conference facilities, and hotels, creating unforgettable experiences for millions of guests every year.

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Proudly Canadian with deep roots in British Columbia, we began in 1982 as the Great Canadian Casino Company, operating two charity casinos at Vancouver’s Pacific National Exhibition. From those humble beginnings, we have grown into a national leader with operations in 23 cities and towns coast to coast. Today, more than 7,500 dedicated and diverse Canadian team members embody our values, operate with integrity, and share a passion for fun and excitement.

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