Excellent post, CbrMaroon, so fantastic to receive your insights. Betting and gambling might get prohibited down in Australia with all these social problems brewing and job growth falling to the floor. I'd say gambling is now on notice of being eliminated by Federal Government regulation down there.
Aristocrat can probably be added to the list of Aussie companies in grave danger of regulatory impost like: Woolworths, Coles, Westpac, NAB, Bank of Queensland, AMP, QBE, Transurban. ANZ EML, IAG, Steadfast, CBUS, AustralianSuper, Aware Super, Wesfarmers, Macquarie Group, CBA, Star Entertainment, Crown Casino, ClubsNSW, Super Retail Group, Sky City, Qantas, Virgin, Seven West Media, Nine Entertainment Group, Ampol, Woodside, Guardian Learning Centers, Beach Petroleum Optus, Telstra NIB Medibank Private Origin Energy AMA Group, Suncorp, RIO TINTO, BHP Fortescue Mining Tatts Group Cleanaway, A2 Milk, Beach Petroleum, Ausbrokers, Pointsbet, Sportsbet, Tabcorp, GPT, Stockland, Dexus. Bendigo and Adelaide Bank?
There are undoubtedly more under increasing regulatory pressure to stay alive.
ALL Price at posting:
$67.18 Sentiment: Sell Disclosure: Not Held
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