Q: Hello Peter.
Great Canadian Gaming (GC) has announced agreements in principal with regards to Georgian Downs and I see this as a positive. However it looks like renewal terms may not be as lucrative as before. Combine this affect on projected decline on EBITA but re-evaluation of writedown of this asset and now I am confused.
Is this going in an ok direction and how significant /material are these recent news releases.?
Thanks John
Great Canadian Gaming (GC) has announced agreements in principal with regards to Georgian Downs and I see this as a positive. However it looks like renewal terms may not be as lucrative as before. Combine this affect on projected decline on EBITA but re-evaluation of writedown of this asset and now I am confused.
Is this going in an ok direction and how significant /material are these recent news releases.?
Thanks John