RE:RE:RE:Short interest dropped, 12.9% from 13.9%Its definitely hurt my retirement fund as well. If my estimation that the purchase of SKY was always about the US market, and converting Italian/German sports to SKYBET by Stars, and then using that platform wherever Stars could also operate casino and poker, then it becomes a global platform. Their issue in Australia was the banning of casino and poker, yet I don't think that's forever. If they could move BetEasy to SKYBET, its a far stronger brand for sure.
In the end, I expect to see Poker and Casino to see increases in Q4 in NJ. When Poker/casino launches in PA (which will be soon), we will see immediately uptake due to cross-sells as well. It's the right formula, just that regulations have slowed down implementation. Given at least one year, we could get close to $50 again. Debt repayment will help move the balance sheet to a healthy please, and reduce interest costs. Every drop of $100million in debt reduces $4million in debt service costs per year. That is huge. It's about $0.01 per share added to EPS. This is where we hope they now focus efforts.