Q: I have 425 shares of GH and underwater about 11.5% Not a huge loss and I am happy to keep holding since its only a 1.94 % weighting in my portfolio. My comments or questions is in relations to the following announcement.
http://www.stockhouse.com/news/press-releases/2015/09/09/great-canadian-gaming-awarded-first-bundle-in-ontario-gaming-modernization
Great Canadian gaming has been awarded the first phase or bundle of casinos or slots from OLG. From my understanding there is more to come. Do you think Gamehost would try to move in Ontario with some assets OLG is giving up? Also how do the deal fair for Great Canadian Gaming? Is it safe to assume they get the rest of OLG's assets or does another company come in? Looks like a positive in my opinion long term for GC. Your thoughts please. Thanks Jimmy
http://www.stockhouse.com/news/press-releases/2015/09/09/great-canadian-gaming-awarded-first-bundle-in-ontario-gaming-modernization
Great Canadian gaming has been awarded the first phase or bundle of casinos or slots from OLG. From my understanding there is more to come. Do you think Gamehost would try to move in Ontario with some assets OLG is giving up? Also how do the deal fair for Great Canadian Gaming? Is it safe to assume they get the rest of OLG's assets or does another company come in? Looks like a positive in my opinion long term for GC. Your thoughts please. Thanks Jimmy