Aussie No # 1 Casino CWN Dumps Chinese Junket Operators For...

Aussie No # 1 Casino CWN Dumps Chinese Junket Operators For Gambling License Survival!

17th Nov 2020: Stop Press-See Today's ASX Ann
https://hotcopper.com.au/threads/ann-future-junket-relationships-update.5760263/

All Crown Resorts (ASX:CWN) Gambling Licenses-VIC, WA, NSW-Are Under Intense Regulatory Scrutiny! Like nothing before...
https://www.nswcasinoinquiry.com/submissions-hearings

IMO, Investor Ramifications For Decision:
Major Positives:
1. Maybe, CWN will keep its gambling licenses but in a new restricted regulatory environment
2. If so, basic survival is possible
3. Civil & Criminal Activities greatly diminished; excellent for Aussie community

Major Negatives For CWN:
1. Chinese "Whales"/VIPs etc gambler numbers massively reduced
2. Major decline in turnover, profits etc
3. Major negative impact on financials
4. Major decline in share price