Government crackdowns on money laundering and problem gambling have severely hurt Australia's casinos, which were once among the most lucrative industries in the nation.
The government's actions have taken away important sources of profit from the main operators, Star Entertainment and Crown Resorts, who once enjoyed an almost endless stream of cash flows. As a result, their future is uncertain.
The government's actions have taken away important sources of profit from the main operators, Star Entertainment and Crown Resorts, who once enjoyed an almost endless stream of cash flows. As a result, their future is uncertain.