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Bullboard - Stock Discussion Forum
Gamehost Inc
T.GH
Alternate Symbol(s):
GHIFF
Healthcare
Cannabis
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.
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TSX:GH - Post Discussion
Gamehost Inc
> Anyone excited for re-opening? A month or two away...
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malx1
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Post by
malx1
on Feb 05, 2021 11:59am
Anyone excited for re-opening? A month or two away...
Casinos open after step-3 is reached. To begin step-3, Alberta wants less than 300 hospitalizations.
https://www.alberta.ca/enhanced-public-health-measures.aspx
Currently province has 517 cases in hospital and an additional 93 in intensive care.
https://www.alberta.ca/covid-19-alberta-data.aspx
Never thought I would be counting down deaths and virus cases to figure out when business could open.
People seem to be doing a decent job of getting this virus spread under control. Amazing what can be accomplished when everyone works together towards a common goal.
Spring time and sunshine not far off. Finish line is within sights. Will be enjoyable to see what happens to GH shares when news of re-opening is announced.
Great Canadian Gaming (GC) sold out at the bottom. Now the lonely GH is the last place for investors to gain full exposure to physical Canadian gaming assets. There's opportunity in being a monopoly within a monopolistic sector. Let's see what cards are dealt in our next hand...
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TheBridge
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Comment by
TheBridge
on Feb 05, 2021 12:12pm
I hope that we can reopen in a month or two and that would be really exciting. BNN News Wire this morning had an article with a title that asked the question of how long will it take at the current rates of vaccinations before life returns to normal and the conclusion was 7.4 years. That suggestion has me thinking that we will be opening up in a month or two but we're not going to see the
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kasking
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kasking
on Feb 05, 2021 3:18pm
Man, it's hard to predict what the hell the future holds...I'm optitmistic, with a few reservations, our provincial govt. has opened up a on-line gaming site,...so no hurry in opening up casinos, but I think the hundreds of charities that are suffering putting pressure on our premier, may help... On the last re-opening...didn't do much for the s.p...but over time, people will
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malx1
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malx1
on Feb 07, 2021 3:07pm
Kasking I've monitored online wagering in BC during covid19. Sales are up 3-4x year over year but that's only because local casinos are closed. People want cash in hand, sounds, lights, laughter, excitement, interaction and community when they look to parlay their monthly gaming budget. Been a long 10 months but it's reasonable to expect that the next 10 should show
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malx1
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Comment by
malx1
on Feb 07, 2021 2:57pm
the 7.4yr figure should be taken in context If Canada can get vaccines to vulnerable population by end of 2021, it won't be long before economy is buzzing. We will be able to watch United States progress and extrapolate it to our own economic outlook. Annoyances like masks, sanitizing and distancing will be around for a while but the real recovery will be hitting the reset button on
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malx1
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Comment by
malx1
on Feb 14, 2021 4:49pm
https://www.alberta.ca/covid-19-alberta-data.aspx 359 total covid19 cases in hospital as of February 12th. 300 was the target number for Stage 3 re-openings in Alberta. Getting close.
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