If they pass the bill now they will be lucky to have a casino up and running before the 2020 Olympics. The Japanese definitely want a couple running around that time to cash in IMO. The Gov is loosing too much revenue to Macau. Not to mention the jobs it will create. It would be a shame if they miss the opportunity. Singapore is a case in point regarding a successful Asian based casino. IMO Japan will blitz the numbers they put though Singapore.
I would like to see AGI take on ALL in the Pachi slot area. There are thousands of those in Japan. ALL has a slice of the pie. I just don't know if it's viable and how hard it is to get a foot in the door. It would be a good question at the AGM.
This AGM is going to be a cracker. The SP is tight as a drum atm. It can't stay in this range bound trading pattern for long. 19th and what's said on the day will stop this suppression one way or the other.
AGI Price at posting:
$3.02 Sentiment: Buy Disclosure: Held
