SKC - SkyCity

[Waltzing]

SKY CITY update ....
 
 appoint someone to have a look around the place ... have a few drinks at the bar and come back saying ...  boy that game was  a cracker. Wow that screen is BIG!!!!

mst be a huge fine coming surely ...

https://www.nzx.com/announcements/412147

cant see any gang bikes in the car park ...standard of dress needs to go up a bit as the punters from china dressed better.

big ton fine coming according foo BAAARS... says balance..

that could hit the DIV and make the stock a STEAL...

but wait it already is... where is crime AUS INC going to strike next .... they must be running out of places to wash it all..

[Waltzing]

They will probably line up the best legal team they can find ....

if change of government coming ACT will insist they limit internal affairs operations and knee cap the secretary...

like in the racing industry there is alway a fuss and then the knight hoods continue...

Imagine how many IWI would love to own that license...

You watch but they will fight it and it they continue to then a bargain will emerge as tourism picks up to full steam in the next 5 to 10 years...

Big legal and major expenses might be required in the mean time... Suspend DIV entirely possible but doubt it...

This customer wants some money back... internal affairs has been infiltrated by IWI and they want the license...

Someone at SKC board and C suite will have to walk the plank for this one and the Aussie one ...

Some Big Bucks changing hands in fines coming ...

Imagine "I was allowed to gamble for to long and now i want to my money back"

Thats like saying the stock market made me do it ...

These are the same government departments that waste tax payer money all over the place and steal billions of dollars of rate payer assets...

Pot calling the kettle black ...

[Waltzing]

Will SKC sue the department when its all done and dusted?

Salt management questions the motives of the DIA...

SKC brings in high tech software to track customers in the casino's ...

This has a lot of moving parts ..

https://www.nzherald.co.nz/business/...JWH5RKAN4GDKU/

[Basil]

Needs to be renamed.  SINCITY...ticker code SIN.

[Waltzing]

Gambling also covers Horse racing and other forms of betting along with sports...

If this thing hit 150 and below at some point and they keep the license after the minister tries to pass it on to IWI then its a Buy ...

Big profits to be made for sure even with the china boys and girls locked up at home..

[Basil]

I'm no fan of ESG but I draw the line at SIN stocks.  I'm not comfortable making money by owning shares in a company that exploits vulnerable people with addiction issues, especially one that only pays lip service to harm minimisation.  Doesn't feel right at all so SIN is never going to be on my radar.

[Waltzing]

To trade stocks like these one needs to be a bit of a Privateer at heart..

Hopefully the new Facial AI software will monitor...

https://en.wikipedia.org/wiki/Francis_Drake

This stock is certainly for the raiders ..

One wonders how far up the DIA chain this went.

[Waltzing]

Another take on the incident ...

https://www.stuff.co.nz/opinion/300966848/skycity-had-a-nasty-tumble-and-prefu-could-bring-the-same-for-nz-economy

[Waltzing]

If your wondering why gambling in Kanga land is on the rise fear not. The Kangas have been the Kings and Queens of habits since the 1900's.....

The Snow trade as it was know was rampant by 1928 and the first police drug squad was created....

Lets hope Sky City AUS get a really big fine and the share price takes an even bigger hit....punters could make a lot of money out of this one if Sky city keeps its license..

Punters...  looks like the Kangas are King of the punt ever since the first MB cup race. Its in there DNA and who needs the China rich boys when the Kangas  among the worlds best punters...

State GOVT's in Kanga land will never close punting down because it makes them too much MONEY in Taxes!!

[Waltzing]

What is going on here. Has the gambling commission and Internal inspection department lost the plot ...
 
https://www.youtube.com/watch?v=IXMszatHSOE

[kiwi2007]

Aussie Super seems to like the stock.


Summary for AustralianSuper Pty Ltd
For this disclosure,—
(a) total number held in class: 63,705,099
(b) total in class: 760,205,209
(c) total percentage held in class: 8.38%
For last disclosure,—
(a) total number held in class: 55,229,888
(b) total in class: 760,205,209
(c) total percentage held in class: 7.27%

[Waltzing]

yeeesss....

says it all doesnt it...

notice it this morning...

The perfect venue would have a race track... horses and dogs till mid night...

then select the casino of your choice...

then the dance club of your liking...  music to go .... dancers from all over the world ... some singers .. more dancers... https://www.youtube.com/watch?v=K3Qf-GkIK48

hotel to stay in ...

you could get lost for days ....

someone sue the MIA  "ministry of infernal A.....ls....."

https://www.youtube.com/watch?v=VG4F_LlSvJw

Tron used to be the dance capital of the country and now its ... like ...

https://www.youtube.com/watch?v=oG85zhpgmJY

[Hectorplains]

"The cliche that casinos are a licence to print money may need a rewrite." That's the final sentence in today's SMH article on Star. $1.55 billion equity raised in 7 months. In February, they went for $800 million to repair the balance sheet; now they're chasing another $750 million @ 60cps (2021 sp = $3.75.)  They've had regulator issues too -  found unfit to hold their casino licence and placed on strict probation. 

[Waltzing]

" placed on strict probation"

YUP ...

they will need some dancing girls ...

[Hectorplains]

Phew LOTS of shares handed out under various "performance incentive plans." 20 pages in the announcement.    The company must be really flying, eh.  So much performance.