FOR IMMEDIATE RELEASE
Musqueam Reaches Agreement in Principle with Snuneymuxw to Partner in River Rock Casino Deal
October 30, 2025
xʷməθkʷəy̓əm Territory, Vancouver, BC – Today, Musqueam is pleased to confirm that it has reached an agreement in principle to partner with Snuneymuxw First Nation in its recently announced purchase of River Rock Casino Resort from Great Canadian Entertainment.
“We thank Snuneymuxw First Nation for respecting our traditional territories and following our shared cultural protocols by approaching us about a partnership to acquire River Rock,” said Musqueam Chief Wayne Sparrow. “This is an example of Nations working together, not against each other, building economic prosperity for both our communities that will support more jobs and opportunities for our band members.”
Musqueam is a leading economic contributor within our traditional territory, and we continue to actively seek opportunities to diversify our investments. Musqueam owns the land that River Rock operates on, and the current lease with Musqueam expires in December 2041. Recently, Great Canadian Entertainment, the owner and operator of River Rock, has been accepting bids to purchase the business and gaming license.
Over the past nine months, Musqueam has explored different opportunities to acquire River Rock as part of Musqueam Capital Corporation’s (MCC) ongoing development and investment strategy. River Rock is a profitable and stable operating business and is one of BC’s leading casinos both for number of visitors and for revenue. In late September, Snuneymuxw Council approached Musqueam Council about their intention to acquire River Rock. This morning, Musqueam Council passed a motion to support the agreement in principle to partner with Snuneymuxw on the acquisition of River Rock.
“In the spirit of partnership and respect, we seek to move forward with our Musqueam relatives with one heart, and one mind. Together, we can advance a shared vision of economic strength and self-determination for both our Nations.” said Chief Michael Wyse, Xum’silum, Snuneymuxw First Nation.
“This acquisition reflects our Nation’s commitment to a sustainable and self-determined future — one where Snuneymuxw capital, leadership, and vision drive meaningful growth and prosperity. We extend our deep respect and gratitude to the Musqueam Nation as we move forward together in the spirit of collaboration and shared strength.” said Ian Simpson, Yaatqumtun, CEO, Petroglyph Development Group.
As the partnership details are finalized, Musqueam will be consulting with its band members, seeking feedback on the agreement. Chief Wayne Sparrow is available to comment on this exciting new partnership.
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Media Contacts:
Jenny Duncan
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Odette Wilson
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236-885-7335
