These types of assets don't come up every day. |
They have a clear mandate to grow their gaming business but they've also shown that they're not trigger-happy. |
Things are getting tougher in New Zealand. While the rest of the world hasn't really priced in the risks associated with higher interest rates and slower growth, New Zealand's market has started to do so. |
You've got a strong asset with monopoly-like characteristics that is not financially burdened with debt so it has a lot of flexibility to grow the business. There's definitely demand for an investment like this. If it's a good price, we'll certainly try and get a stake. |