SMA unfortunate position, page-6

Have you or others tried telling North K to stop or do something lately? Lotteries in China is clearly a decision to be made by China's government who would not love to be told what to do with gambling/ lottery laws loudly in public and especially by a business wanting to be involved in the sector. Crown found out that even sneaky approaches got people locked up.

If you think 1-Chinese like a flutter or gamble like some Aussies do and 2- the Chinese government would like the revenue they will make if they have a good regulated system which SMA will/should be a part of. I am not sure how any one thinks saying more than already said by SMA could be at all helpful.

Like you I would have liked it last year. It is not yet legal in China. If/When the government there makes it happen SMA is already to run with existing services and inside information and knowledge already obtained . I think it is more on the 'when' side but am a self acknowledged optimist of course.


Hope you didn't take much of a hair cut on your sale. Good luck with your new investment choices