@ manassa
"Plus our New Years Eve superdraw sales were slightly lower than expected (occurring after the guidance) due to temporary customer fatigue after the big run of jackpots ($100m was on offer 1 month earlier making people think that $30m is not a lot!). However this wears off. An extra $2m is sales would have given us another $400k EBITDA and $300k NPAT"
Interesting enough: I asked Mike and the other directors at the last AGM whether the Australian market suffers from "jackpot fatigue" as is often said of the bigger overseas market. He fairly assuredly told me that the answer was "No."
Thank you for passing on the email - I will let people come to their own conclusions on this.
is jin still a jackpot stock?, page-41
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