“2020 is shaping as a significant year in Australia for the Wagering and Casinos industry which is facing increased political headwinds likely to affect several ASX-listed companies.
In perspective, the government reported figures to show Australians lose more from gambling losses per adult than anywhere else in the world, with Australian adults losing an average of AUD $1,200 per year from gambling losses in 2018, double those in the United States.”
Individual Stocks Covered:
- Tabcorp Holdings (ASX: TAH)
- Pointsbet (ASX: PBH)
- Jumbo Interactive (ASX: JIN)
- Crown Resorts (ASX: CWN)
- The Star Entertainment Group (ASX: SGR)
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