Pure Canadian Gaming
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Pure Canadian Gaming - overview
Established
1973
Location
Edmonton, AB, Canada
Primary Industry
Travel & Leisure
About
Based in Canada, Pure Canadian Gaming offers a diverse range of gaming and entertainment experiences at its casinos, combining traditional gaming options with dining and live entertainment to create engaging environments for patrons. Pure Canadian Gaming was founded in 1973 in Edmonton, Canada. The company operates as a casino and entertainment venue provider, having engaged in two significant deals to date. On December 10, 2024, Pure Canadian Gaming was acquired by Indigenous Gaming Partners Inc.
from ONCAP and Onex for undisclosed financial terms. The acquisition is aimed at expanding the growing portfolio of Indigenous Gaming Partners Inc. and enhancing its casino services. Brad Belhouse currently serves as the CEO of the company.
Pure Canadian Gaming operates a vibrant portfolio of casinos and entertainment venues across Alberta, Canada, offering a diverse range of gaming options, dining experiences, and live entertainment. Their core product offerings include traditional gaming such as slot machines, table games, and poker, alongside various entertainment acts and dining services that enhance the overall customer experience. The company serves a broad clientele, including local residents, tourists, and gaming enthusiasts, who frequent their establishments for social engagement and entertainment. Pure Canadian Gaming's venues are strategically located in urban centers such as Calgary, Edmonton, and Lethbridge, catering to the entertainment needs of diverse demographic groups.
By providing a quality gaming environment coupled with excellent hospitality, the company aims to create memorable experiences that resonate with its customers. Revenue generation for Pure Canadian Gaming primarily derives from its gaming and entertainment operations, with customers engaging in various transactions across its venues. The business model includes direct-to-consumer interactions where patrons purchase gaming services through entry fees, gaming table buy-ins, and food and beverage sales. Flagship offerings include a variety of themed gaming nights and promotions that attract patrons, creating an engaging atmosphere while enhancing revenue streams.
Additionally, the company may also generate income from event hosting and partnerships within the community, further diversifying its revenue streams. Transactions are typically structured as pay-per-play for gaming services, with patrons spending based on their engagement level and preferences, ensuring a dynamic flow of revenue throughout the year. In December 2024, Pure Canadian Gaming was acquired by Indigenous Gaming Partners Inc. , enabling the latter to expand its growing portfolio and enhance its casino services.
The acquisition will support further market expansion and the introduction of new products to elevate the customer experience.
Current Investors
Onex, ONCAP
Primary Industry
Travel & Leisure
Sub Industries
Casinos & Gambling, Recreational & Entertainment Facilities, Gaming
Website
www.purecanadiangaming.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Pure Canadian Gaming - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Pure Canadian Gaming | - | ||||||||
| Buyout | Completed | Pure Canadian Gaming | - |
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