Published on: January 7, 2026, 09:37h.

Updated on: January 7, 2026, 09:37h.

• Reports indicate Great Canadian Entertainment has divested casino assets to alleviate debt.
• Casino Vancouver is the most recent property to change hands.
• OLG appoints new Chief Lottery Officer.

In a thorough investigation by the Times Colonist in British Columbia, insights were revealed regarding the divestment strategy of Great Canadian Entertainment, which has seen the company selling off several casinos in B.C. over the past year—a topic we’ve been closely following.

The most recent announcement noted the sale of Great Canadian Casino Vancouver in Coquitlam to Petroglyph Development Group (PDG) last December.

PDG is a wholly owned subsidiary of the Snuneymuxw First Nation, and this acquisition positions PDG to become a prominent player in the Canadian casino landscape.

Details on the Casino Vancouver Transaction

The Casino Vancouver transaction marks the fifth significant casino acquisition by PDG from Great Canadian, following previous sales including Casino Nanaimo, Elements Casino Victoria, River Rock Casino Resort, and Chances Maple Ridge.

Additionally, Great Canadian has sold Elements Casino Chilliwack to Ts’elxwéyeqw Tribe Management Ltd. and Hastings Casino to Tsleil-Waututh Nation in 2025.

The Times Colonist referenced an analysis by the bond-rating agency S&P Global, which revealed that Great Canadian collected between $650 million to $675 million from these property sales to reduce its debt, following the acquisition of Great Canadian by a New York private equity firm for $3.3 billion in 2021. Investors are eagerly seeking a return on their investments.

Great Canadian manages a variety of casino properties throughout Canada.

We attempted to contact Great Canadian Entertainment for further insights, but have yet to receive a response.

OLG Appoints New Chief Lottery Officer

In news reported first by Canadian Gaming Business, the Ontario Lottery and Gaming Corporation has appointed Amanda Marshall as the new Chief Lottery Officer. This announcement was made via LinkedIn, diverging from OLG’s usual communication methods.

The statement read: “In her new capacity with OLG, Amanda will further advance OLG’s Lottery sector—enhancing our product range, unveiling new business opportunities, and providing exceptional player experiences. Her leadership will play a key role in shaping the entire customer experience across all OLG platforms.”

$4.14 Billion Generated from Lottery Revenue

According to OLG’s Consolidated Financials, for Fiscal 2026 (April 1, 2024, to March 31, 2025), total lottery revenue reached $4.14 billion, with lottery prizes amounting to $2.44 billion and commissions to retailers at $312 million. Approximately 10,000 lottery terminals operate throughout the province.

In the realm of digital lottery (excluding PROLINE and digital casino), iLottery revenue was $297 million, whereas iLottery prizes stood at $151 million.

OLG offers a diverse array of games, including 14 terminal-based lottery games like LOTTO MAX, 6/49, and LOTTARIO, alongside about 50 INSTANT games, 10 digital lottery games, and around 43 digital INSTANT games.