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Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc., together with its subsidiaries, engages in the hospitality and gaming businesses in Alberta. It operates through Gaming, Hotel, and Food and Beverage segments. The company’s gaming activities include the operation of its owned table games, electronic gaming tables, government owned slot machines, video lottery terminals, lottery ticket kiosks, and live table games; and the provision of food, beverage, and entertainment services. It also offers hotel activities comprising the operation of full and limited service hotels; and banquet and convention services, as well as owns an investment property for lease to commercial tenants located adjacent to Grande Prairie. The company was formerly known as Gamehost Income Fund and changed its name to Gamehost Inc. in December 2010. Gamehost Inc. was incorporated in 2003 and is headquartered in Red Deer County, Canada.


TSX:GH - Post by User

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Comment by malx1on Jun 08, 2025 11:51am
48 Views
Post# 36601772

RE:Interesting !

RE:Interesting !
woody999 wrote: This morning I was going to suggest to this board that whomever owns Great Canadian assets would probably be interested in selling some of the smaller casinos in BC. But I didn't because who would listen? 4 hours later they just announced that a local Indian band is buying Hastings Casino in Vancouver. This could explain the sudden uptick in GH stock. Gamehost would be the perfect company to aqcuire the Vancouver Island casinos, and or any of the other smaller ones ... How's that for a coincidence?



You're on the right track.

Deleveraging process already underway by Apollo Asset Management:

https://www.nanaimobulletin.com/local-news/casino-nanaimo-sold-to-snuneymuxw-first-nation-7408002

https://www.vicnews.com/local-news/snuneymuxw-first-nation-buys-second-casino-7528758

They are good people, and sometimes they are willing to pay a higher EBITDA multiple than what others may deem full value.  


Both casinos are steady, good quality.

Victoria almost double the size of Nanaimo, twice the revenues.
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