I realise that but your saying star casino can make no money because of regulations, yes it has been squashed to a point of little margins ATM but your saying they can only kick the can down the road......not me.
The conversation was about Star can't make money with the regulations and you said "completely unworkable for this type of business" in your post.
I found the closest comparison that has been subject to the new casino regulations and is the type of business you are referring to, which apparently can't make money.
You claim Crown Melbourne has a better relationship with the government so they make money but they have carded play just like everyone else. What happened to your pubs/clubs can only make money stance?
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-1465
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $602.4M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $3.435M | 16.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 461832 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 2611095 | 21 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SGR (ASX) Chart |