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Bullboard - Stock Discussion Forum 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... see more

TSX:GH - Post Discussion

Gamehost Inc > Pure
View:
Post by TheBridge on Jun 10, 2021 12:58am

Pure

The Pure Casinos in Alberta have sent out into today that they are open tomorrow with all kinds of food specials and that customers should feel safe in their casinos.
Comment by malx1 on Jun 10, 2021 10:34am
Gamehost and Pure would be a nice merger... Casinos in Edmonton, Calgary, Lethbridge. I'm guessing ONEX won't sell them for a discounted valuation. Who knows. Thanks, Bridge!!
Comment by cpeczek on Jun 10, 2021 8:41pm
As someone who has never stepped foot in Alberta, is this a real possibility? I would guess that any merger would mean either the Pure Calgary or Deerfoot Casino would have to be sold to a third party to be okayed. Perhaps instead of a merger, ONEX would be interested in a substantial premium buyout?
Comment by malx1 on Jun 11, 2021 11:37am
The beauty of these assets is that AGLC regulates licenses.  Casinos are treated as investments for their stakeholders: charities, the province and owners.  It is a special privilege to be the operator of a gaming property. With that said, the province recognizes that sustainable models for entertainment provide that competition does not overlap.  So licenses will be supported ...more  
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