Put it this way.
1) Longer the government doesn't announce the full tax, means a deal will work in TSEG's favor.
2) This level of regulation will not stay as elevated as it is. for example, TSEG will likely receive relaxation soon of its ability to serve guests booze again allowing it to compete for market share.
3) Pubs and Clubs are about to be wacked. This can only be good for Casinos.
4) TSEG is already starting to see slight uplift in gaming revenue, not huge numbers but 5% MOM.
5) QWF whilst delayed, will provide a huge boost to is Brisbane business this will come into effect in April 2024.
6) There is very loud rumors that Crown are closing parts of its Gaming area in Sydney as it struggles to attract punters. The idea Crowns gaming areas are pumping is completely false. If it was a public company it would be clear for all.
There is certainly future upside The problem is its slow because Government dont ant to be seen giving TSEG a break.
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