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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. is a Canada-based company operating hospitality & gaming properties in Alberta. The Company's operations include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie, and the Deerfoot Inn & Casino Inc. in Calgary. 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 (VLT), lottery ticket kiosks and table games. The Hotel segment includes three hotels catering to mid-range clients. Its hotel operations include full and limited-service hotels, and banquet and convention services. The Food and Beverage segment has operations that are located within the casinos and hotels as a complement to those segments. Its gaming operations are controlled by Alberta Gaming, Liquor and Cannabis Commission.


TSX:GH - Post by User

Post by BarstoolSageon Jul 16, 2024 3:02pm
101 Views
Post# 36135325

Current state of new license availability

Current state of new license availability

Thought I'd read this about capped licenses...just thought I would hunt it up so my memory is now fact 


Applying for a casino licence

In early 2021, AGLC introduced a market-based facility licensing approach for casinos, racing entertainment centres (RECs) and bingo halls.

This new process allows AGLC to identify opportunity for incremental growth within Alberta’s mature gaming market. AGLC will periodically conduct a market analysis that may identify specific areas of opportunities for overall growth in the province. AGLC’s most recent market assessment indicated there are no opportunities for expansion currently.

Should that change, AGLC may request expressions of interest for proposals that target commercially viable opportunities and initiate the new four-step process for licensing new gaming facilities. AGLC initiates and manages this process and does not accept any unsolicited expressions of interest.

The process includes:

  • Request for Expression of Interest and Application Process
  • Applicant Selection
  • Community Support; and
  • Construction and Licensing
Seems that ALTA is looking to roll out iGaming to compete with bricks and mortar locations as well

As far as possible growth

Pure Casinos has 4 locations (Cal, Edm, Leth and Yellowhead) and seems to be owned by ONEX while its facilities are owned by VICI, a US based gaming properties REIT....Century Casinos is a US Co with 3 locations while a lot of casinos are apparently located on First Nations lands and enjoy solid backing by the goverment. The rest seem to be single locations and owners.

( source  https://aglc.ca/gaming/casinos/find-casino-rec  )





 

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