Post by
cpeczek on May 21, 2022 9:26am
Question
Has Gamehost ever built a casino or were all 3 sites acquired after already being constructed?
Comment by
cpeczek on May 21, 2022 5:30pm
Interesting, thanks I didn't know any of this. When you Google "Service Plus Hospitality stock" Gamehost comes up. It must have been absorbed or renamed into the Gamehost we know today. I have an idea involving location diversification. Just a rough idea, I will PM it to you because I don't really have much. I already told Malx about it.
Comment by
malx1 on May 22, 2022 2:18pm
Cpeczek: When hunting new locations for entertainment offerings, team wants to see a history of 'above-average' or strong per capita income.
Comment by
BarstoolSage on May 23, 2022 9:56am
If you go back in time via SEDAR, you can find the history. Seems everything started with a pool of capital that then bought out interests in hospitality properties and even dabbled in outside investments in the oil industry Service Plus became the GH income fund in 2003. More you can dig out via news releases of the day
Comment by
kasking on May 22, 2022 2:07pm
TLV & MALX Don't have much to add, you guys have have pretty well summed up the company from day one...nice job.. Just to summarize....Deerfoot & Great northern we're built from scratch. Ft. Mac. property is leased. Service Plus hotel was built first, then the casino...G.P.
Comment by
malx1 on May 21, 2022 9:49pm
Founders were already operating Bingo entertainment in McMurray. GP came later. Casinos were the evolution of that Bingo entertaiment. Not sure if they built GP casino but McMurray has become new Rivers Casino and Deerfoot was finished around 2005, headed by GH and some outside capital.
Comment by
cpeczek on May 22, 2022 9:59am
Sounds good, I sent TLV the thing I told you about a new casino idea. I have no idea how much it would cost or how difficult it would be to manage from far away but I thought it was worth letting him see if it's something feasible.