On June 24, 2026, Pure Casino Entertainment Limited Partnership (Pure) completed its C$282 million acquisition of Gamehost Inc. (TSX: GH) for C$13.65 per share pursuant to a court-approved plan of arrangement under the Business Corporations Act (Alberta).
The transaction represents a significant expansion of Pure’s gaming and hospitality portfolio, adding three casinos and three hotels to its operations and strengthening its position as Alberta’s largest casino operator. Indigenous Gaming Partners Inc., a partnership between five Nova Scotia First Nations and Sonco Gaming Inc., is an owner of Pure. In connection with the acquisition and its financing, Pure sold the real estate assets of Deerfoot Inn & Casino, Great Northern Casino and two limited-service hotels adjacent to Great Northern Casino for C$200.6 million, adding a significant real estate and financing component to the take-private transaction.
Fasken advised Indigenous Gaming Partners with a team led by Gesta Abols and Perry Feldman, and included Evan Conover, Samuel Kalmakoff, Kathryn McCoy and Anny Yoo (Capital Markets and Mergers & Acquisitions); Carmine Boskovich and Olivia Pietras (Real Estate); James-Scott Lee and Evan Halbert (Banking and Finance); Jessica Cameron and Tiffany Bennett (Litigation); Antonio Di Domenico and Musa Mansuar (Competition, Marketing & Foreign Investment); Bruce Graham (Labour, Employment & Human Rights); Jonny Wypych (Pensions & Benefits); and Christopher Steeves (Tax).
Jurisdiction
- Alberta