I agree.
Common sense would dictate that this is a fait accompli. However the law is blind to the ways of common sense.
How quickly we forget;
Victorian Treasurer imposes a Health Benefit Levy of $42,607,106 on Tatts in respect of the 46 day period during which Tatts conducted its Victorian gaming operations in the financial year ended 30 June 2013. This decision was upheld by the courts.
Commonsense ?? A full years Levy for a 46 day period?
We will just have to await the ruling. I do wonder whether TTS is running a book on the outcome.
Lest we forget; the decision to cancel the original licences so that 2 big players couldn't dominate, led to WOW Hotels getting a large number of cheap licences. Logic and common sense have been rare commodities during this debacle. Courts and governments...........
TTS Price at posting:
$4.05 Sentiment: Hold Disclosure: Held