Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Gamehost ( (TSE:GH) ) just unveiled an update.
Gamehost Inc. announced that the temporary increase in slot machine commission rates from 15% to 17%, originally set to expire in 2025 and then in 2026, has been extended by the Alberta Gaming, Liquor and Cannabis Commission through March 31, 2029, with the aim of supporting casino investment in marketing and site upgrades. The AGLC also opened the door for land-based casinos to partner with Play Alberta on retail sportsbook offerings, a move that could enhance Gamehost’s revenue diversification and competitive position within Alberta’s regulated gaming market.
The most recent analyst rating on (TSE:GH) stock is a Hold with a C$12.50 price target. To see the full list of analyst forecasts on Gamehost stock, see the TSE:GH Stock Forecast page.
Spark’s Take on TSE:GH Stock
According to Spark, TipRanks’ AI Analyst, TSE:GH is a Neutral.
Gamehost’s overall stock score is driven primarily by its strong financial performance and fair valuation. The company’s profitability and efficient operations are significant strengths, although recent declines in revenue and cash flow growth pose challenges. Technical analysis suggests a neutral market sentiment, with no strong momentum in either direction.
To see Spark’s full report on TSE:GH stock, click here.
More about Gamehost
Gamehost Inc. is an Alberta-based corporation operating exclusively in the province, with a portfolio that includes the Rivers Casino & Entertainment Centre in Fort McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels, as well as a strip mall in Grande Prairie, and the Deerfoot Inn & Casino in southeast Calgary. The company is focused on land-based gaming and hospitality assets and its common shares trade on the Toronto Stock Exchange under the symbol GH.
Average Trading Volume: 2,733
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$243.8M
Learn more about GH stock on TipRanks’ Stock Analysis page.