Alberta casino owner in receivership, but plan to relocate to Edmonton remains
Regulation · 2024-11-10
Alberta casino owner in receivership, but plan to relocate to Edmonton remains
The company that owns the Camrose Casino is in financial trouble, but the plan to move the casino to Edmonton is still in place.
Mayfield Investments Ltd., which runs the casino through its company Camrose Casino Corp., was put into receivership on Oct. 24 — two weeks after Alberta Gaming, Liquor and Cannabis (AGLC) approved the application to relocate the casino.
But an agreement exists to sell the casino’s gambling license to the company proposing to build and operate the new location.
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