CWN 0.25% $12.09 crown resorts limited

Why Is Gambling Billionaire's Crown Casino Still Licenced?, page-4

  1. 1,236 Posts.
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    And that's not held btw. Although I was a shareholder a couple of years back and would be selling, however remote the a loss of license would be. This could also affect the Sydney development. Risking the license for extra point or two of margin from machines is a failure of governance. If this has occurred, and I certainly hope it hasn't for the sake of Victoria's gamblers, this is a disgrace.

    Pokies have extremely high house edges, and the Victorian minimum return of 85% is borderline criminal anyway. This is why most new machines are at 90-92% because otherwise gamblers go broke to quickly and the game play is poor.
 
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