So if you check the quarterly report from exactly a year ago, star Vegas had a -1% win rate due to a VIP client having a very large win and this caused revenue at star Vegas to be lower than normal.
the report last year reads "Star Vegas’ EBITDA result was impacted by an anomalous VIP win rate"
if you wanted to make a case for "was the company giving chips away" it should of been a year ago
do some research on your own. The win rate is a way of the casino and the junkets that organise clients to know how to distribute revenue. If the casino has a negative win rate it doesn't have to give any commission to the junket
DNA Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
