A Consolidation in the Casino Business is very Probable

From New Zealand, after the New Zealand Stuff: "The managing director from SkyCity Entertainment Group managing director, the well known Evan Davies said that the case was when rather than if mergers and acquisitions happen among sharemarket-listed Australasian betting companies."

"When in Auckland, at a Trans Tasman Business Circle, he stated that industry consolidation was unavoidable. Though he was not aware of the fact that there were several impending moves by industry players where SkyCity was not at present considering any potential acquisitions."

"Mr Davies said that considering the distant future, the winners would clearly be companies with excellent management models and a promise to providing outstanding, differentiated experiences to a hungry trans-Tasman market that was always seeking something new."

"If there are any gaming industry consolidation processes, they might lead to moves toward trans-Tasman regulatory harmonisation, he stated"