Snuneymuxw First Nation buys Elements Casino Victoria for economic self-sufficiency, awaiting regulatory approval.

The Snuneymuxw First Nation has acquired Elements Casino Victoria from Great Canadian Entertainment to enhance economic self-sufficiency and reduce reliance on government funding. The purchase, financed via a loan from the First Nations Financial Authority, awaits regulatory approval, which may take up to six months. The deal includes transition support from Great Canadian for two years and aims to create job opportunities for Snuneymuxw members in the casino industry.

September 10, 2024
24 Articles