Blackstone, page-11

As previously posted, perhaps competition may not be the sole defining issue, albeit a consideration for the regulators. Casinos are no longer a flourishing business, in fact the converse. Look at the former CWN, only slightly better than the doomed SGR. The competition regulator has a number of criteria available to form a recommendation. For example, Blackstone could demonstrate the many benefits of a takeover of SGR, eg single management, efficiencies and cost out (the first one being the instant exiting of that Board and CEO), synergies, and the capacity for compliance and remediation.