Gamehost Inc T.GH

Pure

[TheBridge]

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.

[malx1]

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!!

[cpeczek]

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?

[malx1]

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