Critically evaluate data & resources-critically analyse, Financial Management

Assignment Help:

Crown casino recently announced its intention to build a new 500-room luxury hotel in Perth costing approximately $568 million. As part of the agreement, the WA government has agreed not to oppose an application for 500 additional gaming machines and 130 additional tables, bringing the capacity to nearly the same as Crown Melbourne. The Executive Chairman, James Packer, was quoted as saying "This is not a great deal for me, this is a deal where I expect my share price to go down" (Australian Financial Review).

You are a research assistant for BankUTS. Recently, a new manager, Maureen McTeer, was promoted from the IT division and she has asked you to provide some industry analysis on the gaming sector in Australia and worldwide as they are considering a medium term (maximum 5 year) investment either in Australia or overseas. Maureen says that the high AUD/US exchange rate may create the right timing for a cheap US investment. She has limited experience with the US casinos but indicated that she thinks Wynn Casinos/Resorts is similar to Crown so she would like some comparative statistics. She is especially wondering about all the different types of businesses that are operating under the umbrella company. She would like an industry analysis of the gaming sector as well as some insight into the performance of Crown versus Wynn. She knows they are in different regulatory environments so she is interested to see how you will compare the companies. She does not expect a GAAP reconciliation.

In addition, she would like you to explain why Packer would make an investment that would decrease the share price since she thinks this is not logical.

Provide a maximum 4 page written summary on the gaming sector and answering the specific questions posed by your manager. You may include an excel document to support your write up. You will be judged on the criteria as shown on the cover sheet on the next page. Ensure you provide a conclusion about the industry you have chosen. Please bring your hard copy of this assignment to your tutorial teacher in week 4. Any backup excel documents to support your write up must be labeled appropriately.

Please include the cover page your name and student number as well as your official tutorial group time. The cover page is not included in the page limit. Your assignment will be graded on ReView and criteria for assessment are reproduced on the cover page. Please include any statements on the cover page that show how you have demonstrated that criteria in point form to assist the grader. These are optional and will not be counted in the page limit.

Please ensure this is your own work. If you do use any outside material ensure that it is cited in its entirety. It is not recommended to use any analysts' reports.

Any questions about the assignment please post on UTS online. Please go to ReView to examine the criteria for which you will be examined.

1)  Show and understanding of essential concepts necessary for a career in business and related professions - demonstrate through understanding shown in write up.

2)   Demonstrate inter-relationships between differing business and related disciplines.

3)   Critically evaluate data & resources in the context of relevant academic literature.

4)   Apply critical and creative thinking to address issues in business.

5)   Critically analyse and produce written disciplinary texts for academic and professional audiences.


Related Discussions:- Critically evaluate data & resources-critically analyse

Define advantage and disadvantage of internal rate of return, What are the ...

What are the advantages and disadvantages of the internal rate of return method? The internal rate of return (IRR) method is a discounted cash flow method and a number expressed

State the meaning ofunlimited profit sharing, State the meaning ofUnlimited...

State the meaning ofUnlimited profit sharing Unlimited profit sharing means that equity shares have an unlimited potential for dividend payments and price appreciation. Which i

Agency policy theorem, How might management try to solve the problems foun...

How might management try to solve the problems found in agency theorem

Bankers acceptance, Bankers' acceptance is a debt instrument created ...

Bankers' acceptance is a debt instrument created to smoothen the commercial trade transactions. It is named so because a banker in this case accepts the ultimate

Calculate the interest rate on the investment, Jessica is given the opportu...

Jessica is given the opportunity to invest $5,000 now and receive $5,700 at the end of one year. However, she could only invest $1,000 of her own money and would need to borrow the

Characteristics and effects of saps, CHARACTERISTICS AND EFFECTS OF SAPS ...

CHARACTERISTICS AND EFFECTS OF SAPS Although SAPs differ somewhat from country to country, they typically have the following features: Reduction in Trade Barriers SAP’s r

Downgrade risk, Market participants' measure the default risk of an i...

Market participants' measure the default risk of an issue on the basis of the credit ratings that the credit rating agencies assign to the issues. Once rating is

Condition market to book value ratios be misleading, Under what circumstanc...

Under what circumstances would market to book value ratios be misleading?  Explain. The Market to Book ratio is helpful, but it is just only a rough approximation of how liquid

Size of the business, Size of the business / scale of the operation : the ...

Size of the business / scale of the operation : the working capital requirement of the concern are directly influence the by the size of the business which may be measured in the

Walter''s model, 3. The following information are related to Sun Ltd. Paid...

3. The following information are related to Sun Ltd. Paid-up equity capital ` 10,00,000 Earnings of the company ` 1,00,000 Dividend paid ` 80,000 Price - Earning rat

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd