Grand Villa Casino is a luxurious casino and hotel complex located in downtown Edmonton, Alberta, Canada. The casino is owned by Canadian real estate developer and businessman, Bob Gaglardi.
Gaglardi is the owner of Northland Properties Corporation, which is a privately held real estate development company based in Vancouver, British Columbia. Northland Properties also owns and operates several other businesses, including the Vancouver Canucks professional hockey team and the Vancouver Whitecaps professional soccer team. .
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Gaglardi purchased Grand Villa Casino from the previous owners, Baccarat Gaming Ltd., in 2013 for $65 million. Baccarat Gaming Ltd.
had owned and operated the casino since its opening in 2007. Prior to its purchase by Gaglardi, the casino was known as the Edgewater Casino.
Gaglardi has plans to redevelop Grand Villa Casino and turn it into a “world-class” destination resort. The redevelopment is currently in its early stages, but it is expected to cost approximately $140 million.
When complete, the redeveloped Grand Villa Casino will feature two new hotels, a convention centre, restaurants, bars, and a theatre.
The redevelopment of Grand Villa Casino is part of Gaglardi’s larger vision for downtown Edmonton. In addition to the casino redevelopment, Gaglardi’s plans for downtown Edmonton include the construction of a new arena for the NHL’s Edmonton Oilers, as well as a new hotel and office tower.
Gaglardi’s plans for downtown Edmonton are estimated to cost approximately $2 billion.
Bob Gaglardi is a Canadian businessman who owns Northland Properties Corporation. He purchased Grand Villa Casino from Baccarat Gaming Ltd.
in 2013 for $65 million with plans to redevelop it into a world-class destination resort at a cost of $140 million.
