Looking at the Australian Gambling stocks. Crown is having trouble overseas in Macau and is facing strong competition.Tabcorp needs to spend $50 million to $60 million on renovations to keep going which will impact profits.
Tattersalls (TTS) shares have been heavily oversold to the point where they are now yielding 8.0 percent fully franked.Dividend is due in September.
They have top management and included in the ASX top 200 companies.
The latest huge lottery jackpots and current affairs coverage are bringing in new customers. The lotteries phone lines are jamming with new customers.The OZ lottery current jackpot of $90 million is bringing in many new customers.
Tattersalls (TTS) is the best gambling stock.
the best gambling stock-heavily oversold
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