Don't know what is happening on the ground. SV definitely deteriorates significantly for the past two years. From the look at it, just too much competition. Most people will spend time in the brand new property than an old casino that has passed its prime without a significant revamp.
Aristo definitely will be hit hard in Q3 like Q1 last year. Let's hope there would be a few million positive cash flow to carry them through the next round of repayment.
Ann: December Quarter Trading Update & Appendix 4C, page-21
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