The Se-mi-ah-mu Development Corporation, the economic development arm of the Semiahmoo First Nation, has agreed to purchase Elements Casino Surrey in British Columbia from Great Canadian Entertainment.
The transaction has been unanimously approved by Great Canadian’s Board of Directors and remains subject to financing arrangements, customary closing conditions, and regulatory approvals, including consent from the City of Surrey, which owns the land where the casino operates.
Matt Anfinson, CEO of Great Canadian, said: “Today’s announcement marks the eighth agreement we have executed with B.C.-based First Nations for the sale of our B.C. operations.
“We are thrilled that the Semiahmoo First Nation is eager to enter the province’s casino sector with the purchase of Elements Casino Surrey. Our next step will be to continue to work with the Se-mi-ah-mu team to timely close this transaction and then work with Se-mi-ah-mu and the Elements Casino Surrey team members for long-term success.”
As part of the agreement, Great Canadian will provide transition services to Se-mi-ah-mu for up to one year following the deal’s completion.
Chief Harley Chappell of Semiahmoo First Nation said: “This acquisition represents an important step forward in strengthening economic opportunity for Semiahmoo First Nation and reaffirming our presence within our traditional territory as a strong and capable business entity.
“Through this new venture, we look forward to creating meaningful benefits for our people, supporting employment opportunities in the region, and contributing to the long-term well-being and prosperity of our community.”
Munnings Law is acting as legal counsel for Se-mi-ah-mu Development Corporation, while McMillan LLP is representing Great Canadian Entertainment in the transaction.
Original article: https://www.yogonet.com/international/news/2026/03/17/118105-semiahmoo-first-nation-to-buy-elements-casino-surreyin-british-columbia
