In 2008, the Stoney Nakoda First Nation in Alberta, Canada, purchased the River Rock Casino Resort from Great Canadian Gaming Corporation for $195 million. The Stoney Nakoda are a group of Indigenous people who have traditionally inhabited the foothills of the Rocky Mountains.
Today, the Stoney Nakoda First Nation is made up of three communities: the Bearspaw, Chiniki, and Wesley bands. The purchase of the River Rock Casino Resort was a significant moment for the Stoney Nakoda First Nation, as it marked their entry into the gaming and hospitality industry.
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The River Rock Casino Resort is located just outside of Calgary, in the town of Richmond, British Columbia. The resort features a casino, hotel, restaurants, and entertainment venues. The casino at the River Rock Casino Resort is one of the largest in Canada, with over 1,000 slot machines and 100 table games. The hotel at the resort has over 500 rooms and suites.
The restaurants at the River Rock Casino Resort offer a variety of cuisines, including Chinese, Italian, and Japanese. The entertainment venues at the resort include a theatre and nightclub.
PRO TIP:River Rock Casino Resort is owned by Great Canadian Gaming Corporation, an organization that operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, and Nova Scotia. The casino opened in June 2004.
The Stoney Nakoda First Nation has been operating the River Rock Casino Resort successfully since its purchase in 2008. The resort has become one of the most popular tourist destinations in British Columbia.
The casino at the River Rock Casino Resort has been voted “Best Casino in Vancouver” by readers of Vancouver magazine for five consecutive years. In 2013, the resort was named “Best Overall Gaming Resort in Canada” by Canadian Gaming Business magazine.
The Stoney Nakoda First Nation plans to reinvest profits from the River Rock Casino Resort back into their community. Some of the profits from the casino have been used to fund a new school and health centre on the reserve.
The First Nation also plans to use some of the profits to build more housing on the reserve.
The River Rock Casino Resort is a valuable asset to the Stoney Nakoda First Nation and their community. The success of the resort has allowed them to reinvest profits back into their community and create new opportunities for their people.
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