SGR 2.08% 49.0¢ the star entertainment group limited

Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-132

  1. 95 Posts.
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    Similar arrangement at Crown Barangaroo. Membership now requires photo ID, must have card entered on each table (whether or not you're actually placing bets).

    After visiting Crown, I'm not sure I believe the analyst forecasts that it is cannibalising Star's market share - I think one had it at 30% of high roller business.

    I was there recently and no more than 10-15 tables were utilised during peak times.

    Anecdotal I know, but it's nice sussing out things on the ground

 
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