Deep Dive: Take a punt on this episode | Casinos
James Packer's company Crown Resorts (ASX: CWN) was in the headlines this week after it was revealed that US-based Wynn Resorts (NASDAQ: WYNN) was interested in a takeover. While Wynn are saying they are no longer interested in Crown, it got us here at Equity Mates interested in the Australian gambling industry. So here is our 'shallow dive' into the Australian gambling industry (think deep dive while trying to keep to our 20 min or less episode length). We plan to do more industry shallow dives in the future, so if you have an industry you want us to talk about hit us up via email, social media or the Ask Us Anything page on our website. In this episode you will learn about: • Wynn Resorts takeover offer for Crown Resorts and the reasons it was quickly taken off the table • Why Wynn's takeover price was $14.75/share but Crown's share price only rose to $14.08/share • A brief history of Australia's casino industry • The two major players in the industry and a few of the smaller operators • What are the growth drivers in the Australian and international casino industry Stocks and Resources Discussed: • Wynn Resorts (NASDAQ: WYNN) • Crown Resorts (ASX: CWN) • The Star Entertainment Group (ASX: SGR) • SkyCity Entertainment Group (ASX: SKC) How to Get Involved in Equity Mates: • Equity Mates Website • Ask Us Anything Page • Thought Starters • Equity Mates Facebook Page • Facebook Discussion Group • Instagram (search: equitymates_investingpodcast) • Equity Mates Twitter • Email ([email protected])
Hosted on Acast. See acast.com/privacy for more information.
You May Also Like

Financial Issues
BizTalkPodcasts

Home Service Business Coach With David Moerman
David Moerman

Halftime Report
CNBC

Mining Stock Daily
Trevor Hall

CNBC Business News Update
CNBC

Handelsblatt Today – Der Finanzpodcast mit News zu Börse, Aktien und Geldanlage
Solveig Gode, Nicole Bastian, Sandra Groeneveld, Nele Dohmen, Anis Mičijević, Ben Mendelson, Aileen Bunte

The Level Up Podcast w/ Paul Alex
Paul Alex Espinoza

One Rental At A Time
Michael Zuber

Bloomberg Talks
Bloomberg

Stock Movers
iHeartPodcasts
Community discussion