SGR 0.00% 27.5¢ the star entertainment group limited

Ann: Response to media articles, page-61

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  1. 1,027 Posts.
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    Great paragraph in the AFR yesterday

    Even if you assume that the current pressure on casino revenues that recently led Crown to cut 1000 jobs is temporary – that international tourist numbers come back, cost-of-living pressures fade over time, and that any residual reputational clouds hanging over the sector eventually fade – there is a real question as to the level of profitability an operator can extract from a casino run with the regulatory, compliance and responsible gambling standards that the NICC expects.

 
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