Tsuu T'ina Gaming Limited Partnership

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Tsuu T'ina Gaming Limited Partnership - overview

Location

Calgary, AB, Canada

Primary Industry

Travel & Leisure

About

Tsuu T'ina Gaming Limited Partnership operates as a prominent entertainment provider, specializing in casino operations and resort amenities that cater to diverse clientele in the Calgary region. Tsuu T'ina Gaming Limited Partnership is engaged in the gaming and hospitality sector, operating the Grey Eagle Resort & Casino located in Calgary, Canada. The company has undergone a Recapitalisation funding round, receiving USD 7. 8 mn in proceeds on July 29, 2011, enhancing its financial positioning.


Clairvest is known to be involved in the funding of this partnership. Grey Eagle Resort & Casino operates as a multifaceted entertainment venue providing a wide range of services, including gaming, dining, and live entertainment. The expansive casino features 84,000 square feet of gaming space, comprising 32 gaming tables, 957 slot machines, and four poker tables, along with two high-limit gaming rooms. The resort also boasts a newly renovated hotel offering scenic views of the Tsuut’ina Nation and the Canadian Rocky Mountains.


Dining options include five distinct venues, with highlights such as an all-you-can-eat casino buffet and Indigenous-inspired cuisine at the Little Chief restaurant. The venue caters to a diverse clientele, including tourists and locals seeking leisure and event experiences, primarily within the Calgary urban market and surrounding regions. Revenue generation at Grey Eagle Resort & Casino is primarily driven by gaming activities, dining services, and event ticket sales. Customers engage in various gaming activities and pay for dining directly at the restaurant venues, with ticket pricing for entertainment events varying based on the act and venue capacity.


The flagship offerings centered around the extensive gaming facilities and dining experiences significantly contribute to the operational revenue, fostering a vibrant ecosystem for entertainment and hospitality. The company plans to utilize the recent funding obtained from the Recapitalisation on July 29, 2011, to bolster its operational capabilities and expand its offerings. While specific products or new markets have not been disclosed, the investment will support initiatives aimed at enhancing customer experiences and potentially attracting a broader audience to the Grey Eagle Resort & Casino.


Current Investors

Clairvest GP Manageco

Primary Industry

Travel & Leisure

Sub Industries

Recreational & Entertainment Facilities

Website

www.greyeaglecasino.ca

Total Amount Raised

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Tsuu T'ina Gaming Limited Partnership - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedTsuu T'ina Gaming Limited Partnership-
GrowthCompletedTsuu T'ina Gaming Limited Partnership-

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Tsuu T'ina Gaming Limited Partnership - employee data

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