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Bullboard - Stock Discussion Forum 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... see more

TSX:GH - Post Discussion

Gamehost Inc > Anyone excited for re-opening? A month or two away...
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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...
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 ...more  
Comment by 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 ...more  
Comment by 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 ...more  
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 ...more  
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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