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caesar online casino appChief Executive Philip Bowcock said during an earnings call on Friday morning that the Australian business “took a higher level of bets using credit than others.This has led the group to dramatically reassess the value of its Australian assets, reporting a £238 million (3 million) impairment charge.William Hill entered the market through the £460 million acquisition of Sportingbet’s regulated assets, and shortly afterwards it absorbed Australian brand Tom Waterhouse.casino extreme verificationAlso known as a book-value reduction, this is a non-cash charge that is nevertheless reported as an expense, thereby reducing net income.The next auction is scheduled for March 7.The prohibition of in-play betting, as well as new taxes and advertising rules, have also damaged business in Oz.free online megaways slots

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