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Inquiry finds Crown Resorts unfit to run its Sydney casino
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I'm in the u.s. but have been dipping into Australian stocks using foreign ordinaries on the u.s. side because there seems to be more value overseas. I've found a few posts on here about 5 months ago about points bet, but I need to bring up what is going on in the u.s. now. We've finally decided to stop protecting people from themselves and legalized gambling so states are slowly bringing gambling online. Each state is bringing it on according to their own rules and they are all different and chaotic (naturally). In the u.s. most states are allowing casino operators to operate a limited number of "skins". These are rights to operate an online sports book casino and poker room. Casinos own the skins and decide what software they will use on each of these skins. In Michigan we decided to have a single skin for all these gaming types. That means that each casino can only have one sports book, casino and poker room. The fact that one of them chose points bet is actually pretty big. They also have market share in other states that have legalized gambling (5 others right now). They have positive net gaming revenue, which doesn't sound significant, but with heavy promotions going on right now things are pretty tight for the operators. For example there's a Canadian based online sports book here in the u.s. (score media) that delivered negative net gaming revenue for the year in similar markets as points bet and is still commanding a ~1.3b usd valuation (although they have some potential upside in Canadian single game sports betting being legalized). All that said: here's a few big points why the stock is going higher. Right now all these gaming stocks in the u.s. are blowing up as people finally start to realize that there's going to be huge opportunity here as all these states bring gaming online. Points bet owns their own code and has a unique feature which differentiates itself from other books. I think this has gotten the attention of casino operators and how some australian company no one here has heard of got a skin in the single skin Michigan market. They have a deal with nbc which will almost guarantee their adoption in other u.s. states as the network will promote their book to a national audience. They will bring an online casino to Michigan later this year to compliment the sports book. It's already in new jersey and I imagine will come to other states soon. If this thing was trading in the u.s. market at a more significant clip than 10,000 shares a day I think the valuation would be much more significant. Tldr: points bet has big potential in the u.s. market that is understated. 🚀🚀 Edit words and: been to Melbourne and Sydney a couple times and lost money betting on the Sidney giants. Can't remember if it was them or the team they were playing but one of them have the same fight song as notre dame in the u.s.
Mandatory masks at indoor venues in Wollongong, $200 spot fine
New mask rules From midnight Saturday, the following mask changes will apply to residents in Greater Sydney including Wollongong, Central Coast and Blue Mountains: Face masks will be mandatory in the following indoor settings: Shopping (retail, supermarkets and shopping centres) Public/shared transport Indoor entertainment (including cinemas and theatres) Places of worship Hair and beauty premises Face masks will also be mandatory for all staff in hospitality venues and casinos and for patrons using gaming services
Crown Resorts Ltd. has delayed next month’s planned start of gaming operations at its new $1.5 billion Sydney casino while a money-laundering inquiry continues. NSW Premier Gladys Berejiklian has warned Crown Resorts "all bets are off" at its Sydney casino, if her state's gaming regulator adopts the findings from a scathing report released yesterday. Crown Casino Sydney: First look inside luxurious Barangaroo hotel Standing at 275 metres high, with some rooms coming with their own 24-hour butler service – will the new Crown Towers take over ... SYDNEY -- Australian gambling company Crown Resorts is unfit to run its new Sydney casino because it facilitated money laundering and had other problems, a regulator said Tuesday. rown Resorts has been found unfit to run its new Sydney casino at Barangaroo after a months-long public inquiry that exposed allegations of money laundering, among other issues.. A final report from the Crown probe, commissioned by New South Wales' Independent Liquor and Gaming Authority (ILGA), was tabled in State Parliament on Tuesday. In line with NSW Health, The Star Sydney will enforce mask-wearing at all guest entry points into the casino. Capacity limits of one person per 4sqm are in place, delays may occur for all guests entering the casino during peak times. First look at Sydney's Crown Casino After four years of construction, the hottest new hotel to land on Sydney's shores is opening. The luxurious Crown Towers, a sprawling six-star stay boasts a line up of lavish restaurants, spacious rooms and an infinity pool with a panoramic view of the city's harbourside. In line with NSW Health, The Star Sydney will enforce mask-wearing at all guest entry points into the casino.Capacity limits of one person per 4sqm are in place, delays may occur for all guests entering the casino during peak times. Online Gambling in Sydney: Regulations & Best Pokies! Have you come across a Sydney & New South Wales online casino recently? The number of these is growing and they’re all over the Internet. Casinos have been a big hit since the very beginning, but once the concept of an online casino was introduced, the interest grew at a faster rate than ever. SYDNEY (AP) — Australian gambling company Crown Resorts is unfit to run its new Sydney casino because it facilitated money laundering and had other problems, a regulator said Tuesday. Commissioner Patricia Bergin recommended several changes that Crown would have to make before it could run the casino in its 2.2 billion Australian dollar ($1.7 billion) Sydney tower.
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Crown Resorts has been deemed unsuitable to operate a new Sydney casino at Barangaroo after a months-long public inquiry which exposed allegations of money l... How easy is it to build a casino in Sydney without approval? We set up our own, Jamie Packer-style, to find out. The Star Casino at Sydney's Pyrmont right on Sydney's Darling Harbour. Check out the Food Quarter for Sunday to Thursday specials, well worth the visit! James Packer has dramatically cut ties with the Crown Resorts board as he tries to convince the gambling regulator to let his Sydney casino open its doors. S... A highly anticipated report has found that casino giant Crown Resorts is not fit to run its $2.2 billion Sydney casino because it facilitated money launderin... The STAR Casino - Sydney, Australia Big win About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators ... 🚩BONUS Links in COMMENTS 💎 👇🎰 👇💎👇 Star casino sydney poker vlog.Trying to get into star casino with covid-19.Trying to get into star casino with covid...
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