Ann: Potential reforms to NSW casino tax regime, page-32

will be interesting to see next few days price action.

Margin calls, shorters, forced selling by index funds (since market cap dropped significantly) (gotta love these index funds whos size as a % of total investable funds is constantly increasing)

All into a pre Christmas/New Year period of low liquidity.

Only headache, if these proposed tax changes actually go through, then this will represent a permanent decrease in Star Entertainment business value, given this tax is a permanent levy on profits.Interesting times

Only a small position, so time to do some homework.sorry wrong topic thread.