Gambling is only growing in Australia, every other casino operator SP is faily constant rise. Aside from poor management there isnt really any reason i can think of for such poor performance in what should be one of the biggest gambling markets in Australia ie. Sydney. As far as Packer being allowed to increase his share over the 10% threshhold and Genting's paperwork still sitting on someones desk even thou it was filed at least 6 months before Packers, well theres something dodgy there imo.
EGP Price at posting:
$2.18 Sentiment: Hold Disclosure: Held