Las Vegas owner sells Parq Vancouver casino to Canadian firm
The longtime owner of casino destinations in downtown Vancouver has sold its flagship Parq Vancouver casino property to an Ottawa-based real estate and investment firm.
Las Vegas-based Paragon Gaming announced this morning it has finalized a deal to sell its ownership stake of Parq Vancouver to PBC Group for an undisclosed amount. PBC Group already owned a minority stake in the project, as it was involved in the casino development’s joint venture partnership and provided the project with development services.