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Great Canadian Gaming Corp. T.GC


Primary Symbol: GCGMF

Consumer Cyclical Advertising Agencies Gambling
Great Canadian Gaming Corp is a gambling, entertainment, and hospitality company that operates throughout Canada. The company's operations are divided into three segments based on geography: Ontario, British Columbia, and Atlantic. The company generates over half of its revenue from the Ontario region. Great Canadian Gaming Corp offerings include casinos with slot machines, table games, and food and beverage; outdoor horse racing tracks; and hotels, community gaming spots, and related hospitality facilities.


OTCPK:GCGMF - Post by User

Great Canadian Gaming Corp. > Canadian Casinos Can't Make Rent
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Comment by malx1on Sep 30, 2020 3:08pm
66 Views
Post# 31643217

RE:RE:Canadian Casinos Can't Make Rent

RE:RE:Canadian Casinos Can't Make Rent
When estimating the value of casino operators, qualitative information is often more important that quantitative. 

There is a reason why GC is much more valuable than Gateway.  There are reasons why Gateways IPO has flopped several times in the past 10 years.

Shorting this sector in March made sense but to hold a short position now in GC provides much less reward and much more risk.
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