The owner of Hastings Racecourse & Casino in Vancouver, British Columbia, has reached a “definitive agreement” to sell the casino operation at the track, progressing to a final stage in making the sale.
Great Canadian Entertainment, the owner of the track and casino, said that the agreement to sell the casino to the Tsliel-Waututh Nation is still subject to “customary closing condition and approvals.” The two sides first signed a memorandum of understanding to explore the sale in June.