Gamehost Announces Normal Course Issuer Bid

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Gamehost Inc. (TSX:GH) ("Gamehost" or the "Corporation") announces that the
Toronto Stock Exchange ("TSX") has accepted Gamehost's Notice of Intention to
Make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from
time to time, as Gamehost considers advisable, its issued and outstanding common
shares ("Shares").


There were 21,343,946 Shares issued and outstanding as at April 3, 2012. Of this
amount, 10,805,495 Shares constitute the "public float", calculated in
accordance with the rules of the TSX. Pursuant to the Bid, Gamehost intends to
purchase for cancellation up to a maximum of 1,080,550 Shares, being
approximately 10% of Gamehost's "public float" outstanding on April 3, 2012.
Notwithstanding the foregoing, pursuant to the rules of the TSX, Gamehost may
not purchase more than 2,157 Shares in any one day, such amount being equal to
25% of the average daily trading volume of the for the six months ended March
31, 2012.


Purchases under the Bid will be made on the open market only through the
facilities of the TSX. The price that Gamehost will pay for any Shares purchased
by it will be the prevailing market price of the Shares on the TSX at the time
of such purchase. The actual number of Shares that may be purchased under the
Bid for cancellation and the timing of any such purchases will be determined by
Gamehost.


The Bid will commence on April 12, 2012 and will terminate on April 11, 2013 or
such earlier time as the Bid is completed or terminated at the option of
Gamehost.


Management of Gamehost believes that, from time to time, the market price of the
Shares may not fully reflect their underlying value and that at such times the
purchase of Shares would be in the best interests of Gamehost. At times when the
market price does not fully reflect the value of the Shares, such purchases
would increase the proportionate interest of, and be advantageous to, all
remaining shareholders.


Gamehost purchased 484,940 Shares during the previous 12 months ended March 31,
2012, at a weighted average price of $10.97 per Share (excluding the cost of
commissions).


About Gamehost

Gamehost is corporation established under the laws of the Province of Alberta.
Gamehost's operations are all located in the Province of Alberta, Canada.
Gamehost's operations include the Boomtown Casino in Ft. McMurray, the Great
Northern Casino, Service Plus Inns & Suites hotel and a strip mall all located
in Grande Prairie. Gamehost has a 91% ownership interest in Deerfoot Inn &
Casino Inc. in Calgary.

Gamehost (TSX:GH)
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