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.
CWN Price at posting:
$13.18 Sentiment: Sell Disclosure: Held