AGLC Extension to Temporary Increase in Slot Commission
Gamehost Inc. (TSX:GH) announced that the Alberta Gaming, Liquor and Cannabis Commission (AGLC) is extending its temporary slot commission increase from 15% to 17% for an additional 12 months, now running through March 31, 2026. The extension continues the increased rate that began April 1, 2023.
AGLC will monitor how the higher commission rate impacts gaming proceeds through operators' enhanced promotional activities and facility reinvestments. The Company operates the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino and associated properties in Grande Prairie, and the Deerfoot Inn & Casino in Calgary.
Gamehost Inc. (TSX:GH) ha annunciato che la Commissione Alberta Gaming, Liquor and Cannabis (AGLC) estenderà l'aumento temporaneo della commissione sulle slot dal 15% al 17% per ulteriori 12 mesi, ora valido fino al 31 marzo 2026. L'estensione continua il tasso aumentato che è iniziato il 1 aprile 2023.
AGLC monitorerà come il tasso di commissione più elevato influenzi i proventi di gioco attraverso le attività promozionali migliorate degli operatori e gli investimenti nelle strutture. L'Azienda gestisce il Rivers Casino & Entertainment Centre a Ft. McMurray, il Great Northern Casino e le proprietà associate a Grande Prairie, e il Deerfoot Inn & Casino a Calgary.
Gamehost Inc. (TSX:GH) anunció que la Comisión de Juegos, Bebidas Alcohólicas y Cannabis de Alberta (AGLC) está extendiendo su aumento temporal de la comisión de las máquinas tragamonedas del 15% al 17% por 12 meses adicionales, ahora hasta el 31 de marzo de 2026. La extensión continúa con la tasa aumentada que comenzó el 1 de abril de 2023.
AGLC monitoreará cómo la tasa de comisión más alta afecta los ingresos de juego a través de las actividades promocionales mejoradas de los operadores y las reinversiones en las instalaciones. La Compañía opera el Rivers Casino & Entertainment Centre en Ft. McMurray, el Great Northern Casino y propiedades asociadas en Grande Prairie, y el Deerfoot Inn & Casino en Calgary.
Gamehost Inc. (TSX:GH)는 앨버타 주 도박, 주류 및 대마초 위원회(AGLC)가 슬롯 커미션의 임시 증가를 15%에서 17%로 연장하여 2026년 3월 31일까지 추가 12개월 동안 진행한다고 발표했습니다. 이 연장은 2023년 4월 1일에 시작된 증가된 비율을 지속합니다.
AGLC는 더 높은 커미션 비율이 운영자의 향상된 홍보 활동과 시설 재투자를 통해 게임 수익에 어떤 영향을 미치는지 모니터링할 것입니다. 이 회사는 Ft. McMurray에 있는 Rivers Casino & Entertainment Centre, Grande Prairie에 있는 Great Northern Casino 및 관련 자산, 그리고 Calgary에 있는 Deerfoot Inn & Casino를 운영하고 있습니다.
Gamehost Inc. (TSX:GH) a annoncé que la Commission des jeux, des alcools et du cannabis de l'Alberta (AGLC) prolongeait l'augmentation temporaire de la commission sur les machines à sous, passant de 15 % à 17 %, pour une durée supplémentaire de 12 mois, maintenant valable jusqu'au 31 mars 2026. Cette prolongation poursuit le taux accru qui a débuté le 1er avril 2023.
L'AGLC suivra comment le taux de commission plus élevé impacte les revenus des jeux à travers les activités promotionnelles améliorées des opérateurs et les réinvestissements dans les installations. La société exploite le Rivers Casino & Entertainment Centre à Ft. McMurray, le Great Northern Casino et les propriétés associées à Grande Prairie, ainsi que le Deerfoot Inn & Casino à Calgary.
Gamehost Inc. (TSX:GH) gab bekannt, dass die Alberta Gaming, Liquor and Cannabis Commission (AGLC) die vorübergehende Erhöhung der Slot-Kommission von 15% auf 17% um weitere 12 Monate bis zum 31. März 2026 verlängert. Die Verlängerung setzt den erhöhten Satz fort, der am 1. April 2023 begann.
Die AGLC wird überwachen, wie sich der höhere Kommissionssatz auf die Spielerlöse durch die verbesserten Werbeaktivitäten der Betreiber und die Reinvestitionen in die Einrichtungen auswirkt. Das Unternehmen betreibt das Rivers Casino & Entertainment Centre in Ft. McMurray, das Great Northern Casino und zugehörige Immobilien in Grande Prairie sowie das Deerfoot Inn & Casino in Calgary.
- Slot commission rate remains increased at 17% vs. previous 15% for an additional year
- Extension provides continued higher revenue potential through March 2026
- Opportunity to increase promotional activities and facility investments
- Commission increase remains temporary rather than permanent
- Effectiveness of increased commission rate still under monitoring by AGLC
Not intended for distribution to U.S. newswire services or for dissemination in the U.S.
RED DEER, AB / ACCESSWIRE / December 9, 2024 / Gamehost Inc. ('Gamehost', the ‘Company') (TSX:GH)
A temporary increase in slot commissions from
Gamehost is a corporation established under the laws of the Province of Alberta. The Company's operations are all located in the Province of Alberta, Canada. Operations of the Company include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie and the Deerfoot Inn & Casino in S.E. Calgary.
Gamehost common shares trade on the Toronto Stock Exchange (TSX) under the symbol GH. For more information, visit www.gamehost.ca. Complete disclosure of the Company can be found on SEDAR at www.sedar.com.
The TSX does not accept responsibility for the adequacy or accuracy of this release.
For more information, contact:
Craig M. Thomas or; |
|
|
Darcy J. Will |
|
|
Toll free |
| (877) 703-4545 |
|
| (403) 346-4545 |
Fax |
| (403) 340-0683 |
|
SOURCE: Gamehost Inc.
View the original press release on accesswire.com
FAQ
What is the new slot commission rate extension period for Gamehost (GHIFF)?
How much did the slot commission rate increase for Gamehost (GHIFF)?
When did the increased slot commission rate originally take effect for Gamehost (GHIFF)?
