I don't know (and nor does anyone else) what percentage of ALL's revenue is dependent on problem gamblers spending more than they can afford. I would think it's small, but there's no way to know. There are some who think that anyone who gambles has a problem, but I don't think that's the case. As we've discussed before on this forum, there are many people who enjoy a glass of wine but you wouldn't call them alcoholics. Likewise, there are people who like gambling and regularly indulge – lottery tickets, horse races, the stock market, whatever – and are not addicts.
NSW (and even the whole of Australia) form a relatively small part of ALL's total revenue. In terms of the company's global presence and market cap, it's really stretching things to a silly point to think that what happens in this state is going to have a major impact. Of course, no company can afford to overlook any problem in case it becomes the spark that lights the fire. But I don't think ALL is in trouble now, nor will be in the future, due to what's going on in NSW.
As @JoeGambler points out, ALL's big revenue stream comes from USA, where online real-money gambling is the big ticket. ALL is well-placed to take advantage of that... although I stand by my thinking that interest rates, recession and regulation are ongoing concerns for ALL.
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Last
$39.02 |
Change
-0.320(0.81%) |
Mkt cap ! $24.78B |
Open | High | Low | Value | Volume |
$39.30 | $39.53 | $38.77 | $53.17M | 1.358M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 500 | $39.01 |
Sellers (Offers)
Price($) | Vol. | No. |
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$39.13 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 500 | 39.010 |
2 | 1009 | 39.000 |
2 | 495 | 38.990 |
1 | 9 | 38.960 |
2 | 11020 | 38.920 |
Price($) | Vol. | No. |
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39.130 | 1000 | 1 |
39.230 | 3572 | 1 |
39.260 | 3572 | 1 |
39.270 | 589 | 1 |
39.290 | 3572 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$39.12 |
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Change
-0.320 ( 0.42 %) |
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Open | High | Low | Volume | ||
$39.33 | $39.53 | $38.77 | 172836 | ||
Last updated 15.59pm 02/05/2024 ? |
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