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THE FOOL’S EYE VIEW
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Casinos: The house always wins, but the investor may not
The use of leverage can help to boost the returns that these companies generate for shareholders by around 70%. But excessive use of leverage can expose shareholders to unforeseen risks too
David Kuo
Published Sat, Sep 28, 2019 · 5:50 am
Many casinos have deliberately diversified their businesses to include shopping malls, theatres, hotels, restaurants and bars. But their main source of revenue still comes from games.
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