SGR 7.55% 28.5¢ the star entertainment group limited

Ann: Suspension from Quotation, page-68

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  1. 211 Posts.
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    I'm not sure about if this but I think the best move if NSW government does not give any tax reprieve is to wait for pokies revenue to fall 10% or another event trigger that voids the NSW 3000 jobs agreement then just start relentlessly firing all employees associated with the Sydney casino. Keep a minmum staff for casino and full staff for hotel restaurants and non gaming. Focusing solely on non gaming revenue but not shutting the casino. Then just wait for the clowns at the NICC to shut down the casino licence. Focus on QLD operations and devote full resources there and let the NSW government pick up the pieces. There is no point to run a loss making casino in NSW. Need to stop the profit leaks to save the overall business. It I'd better to keep QLD and sink NSW than go into liquidation is my thinking.
    Last edited by GeorgeGn: 02/09/24
 
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