AGI 4.55% 92.0¢ ainsworth game technology limited

Ann: AGI Chairman and CEO AGM Addresses to Shareholders, page-55

  1. JID
    3,676 Posts.
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    Hi Guys,

    I would suggest that AGI is a strong beneficiary of a rising USD given the size of the operations in North America and the growth that they are achieving. The SP was likely rising in anticipation of the FED rate hike and resumption in the USD strength (which is now happening).

    Also, an interesting article in Bloomberg overnight stating that Japan has legalised casinos which will present opportunities for AGI over time. I would think that they will be quick to move on this virgin market within a huge economy:

    https://www.bloomberg.com/news/arti...alize-casinos-in-parliamentary-vote-wednesday

    Cheers
    John
 
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