It will never pass the competition regulator - nor would I want it too. Numerous reasons I only hold SGR.
If Crown was desperate I'd suggest acquiring pubs in the surrounding suburbs to gain exposure to pokies. But their issues run deeper than Chinese VIP's... my bet, they were taking a nice chunk of dough to "unknowingly" turn a blind eye on money laundering. I'm sure we have all seen the surveillance video where bags of money come over the counter, what reasonable person would have no suspicion?
Unfortunately, it's just a matter of paying the right government official the right amount of money, so they too, can "unknowingly" turn a blind eye.
Cheers,
Dalto24
M&A- with Crown, page-2
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Last
49.0¢ |
Change
0.010(2.08%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.0¢ | $20.19M | 40.38M |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 804608 | 48.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 76192 | 1 |
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