Gamehost Inc (TSX:GH)

Consumer

Gamehost Inc is a Canadian gaming and hospitality business offering live entertainment and hospitality services. Founded in 2003, it is currently headquartered in Red Deer, Canada.

The company provides entertainment and hospitality venues to communities, businesses and travelers and offers a wide range of gaming services like table and slot gaming.

Gamehost's properties include – Boomtown Casino in Ft McMurray, Deerfoot Inn & Casino in Calgary, Great Northern Casino in Grande Prairie and Encore Suites by Service Plus Inns in Grande Prairie. Some of the properties are owned and operated through a limited partnership.

Under its business segments, it caters to sub-sectors such as hotels, motels, resorts, motor inns, gambling establishments, casino hotels etc. Under gaming segments, the company offers lottery, slot and table games, video lottery terminal, etc.

Gamehost uses secure IT-enabled systems to manage and operate its business. The company deploys AGLC systems and security protocols to monitor electronic games. Through enhanced internal controls, procedures, processes and security measures, the company claims to prevent and address loss, ransom, data breach, corruption, or unauthorized disclosure of confidential information of customer, company, or any employee.

Gamehost also claims to engage with skilled third-party personnel to advise, implement and manage network and security information.

Reportedly, the gaming company has developed a three-year plan to end different cyber-security risks and invest in training and awareness programs for the staff and employees. Gamehost is also said to have entered a Joint Venture with JM Wood Investment Ltd to own and operate a hotel and a multi-tenant lease facility located in Grande Prairie, Alberta.

It aims to achieve future growth by expanding its business and existing facilities based on the market demand. However, the company had announced that growth via acquisitions would be selective and targeted to maintain accretive cash flow with scope for organic growth.

The company is claiming to assure investors benefit by creating maximum revenue through cost control measures.

Investors can access stock-related information and financial reports from the official website.