Interesting points of view! Here's an alternative:
Para # 1: Management, Board & James Packer all 100% knew-indirectly plus directly.
Para # 2: How naïve! Yes, Crown's lost, but Crown cannot settle the arrests. It is powerless. It's up to President Xi Jinping.
Para # 3: See above. Yes, it could well mean no more Whales and VIPs high rollers.
Para # 4: I agree, but suggest much worse.
Additional Points: CWN is embarking upon a multi-billion property expansion binge! Based solely (according to 4 Corners Program and interview with James Packer) on a strategy of Chinese Whales VIPS high rollers. Extraordinary. Worse still, IMO it's bound to fail...
CWN Price at posting:
$11.62 Sentiment: Sell Disclosure: Held