Casinos are certainly “on the nose” at the moment with Crown (CWN) being taken to task by the regulators, its not pretty reading but we do believe it will emerge a stronger business moving forward, similar to the banks after their royal commission which also made awful reading. When you combine regulators after their pound of flesh and COVID closing premises things do look dire but they usually do at the best buying opportunities, MM likes SGR into weakness ~5% lower.
MM likes SGR below $3.50
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