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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. operates hospitality and gaming properties in Alberta, Canada. The Company's segments include gaming, hotel, and food and beverage. The Gaming segment includes three casinos offering slot machines, electronic gaming tables, video lottery terminals, lottery ticket kiosks and table games. The Hotel segment provides full and limited-service hotels, banquet and convention services, and includes three hotels catering to mid-range clients. The Food and Beverage segment has operations that are located within the casinos and hotels. Its operations include the Deerfoot Inn & Casino in Calgary, Rivers Casino & Entertainment Centre in Fort McMurray, the Great Northern Casino, Service Plus Inns & Suites, and Encore Suites by Service Plus Inns, all located in Grande Prairie. The Company also owns an investment property located adjacent to its operating properties in Grande Prairie. Its subsidiaries include Gamehost Limited Partnership and Deerfoot Inn & Casino Inc.


TSX:GH - Post by User

Comment by malx1on Aug 17, 2020 12:02pm
56 Views
Post# 31418017

RE:RE:RE:RE:Just bought in

RE:RE:RE:RE:Just bought inIf active covid19 cases remain subdued in Alberta, would not suprise me to see a reduced dividend considered by BOD in Q1 of 2021.

All will depend on how patrons adjust to new safety measures, their willingness to visit properties during pandemic and their own financial health.

One tailwind that many are missing at this point in time will be stronger pricing in oil and gas, leading to economic uptick for energy focused regions.


Can't help but wonder if any competing properties have been put up for sale during this recession.  I know in BC, some of the operators are struggling with prolonged govt shutdowns while the owners are saddled with significant debt loads.

GH is looking quite healthy relative to peers at the moment.
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