Mi'kmaq Embrace Gaming: Buying Casinos as Path to Independence

Five Mi’kmaq communities in Nova Scotia have joined forces to enter the casino market by acquiring four properties in Alberta. The deal was made by the Millbrook, Pactneck, Wekokomak, Glooscap and Annapolis Valley communities, who have joined forces under Indigenous Gaming Partners (IGP).

They have acquired Pure Canadian Gaming, which operates casinos in Edmonton, Calgary and Lethbridge. The partnership aims to ensure financial independence for all five communities.

Michael Peters, chairman of IGP and a spokesman for Glooscap, said the deal is an important step in developing a large-scale gaming business. The proceeds will be invested in housing, social programs, healthcare and other key services for the community.

While there are no plans to build new casinos in Nova Scotia at this time, IGP is looking at opportunities to expand across Canada. The main goal is economic reconciliation and ensuring financial independence for indigenous peoples.