Article: Burswood's joker in the pack.

Oct 27, 2002 (The Australian Financial Review - ABIX via COMTEX)

Western Australia casino operator Burswood needs $A74m to complete the purchase of the Burswood hotel. The 1997 deal entered into with the hotel's former owner, Victoria Company chief Tiebu Ogino, has a February 2003 settlement date. Burswood casino has suffered a slump in earnings, partially due to high-rollers recording large winnings at a baccarat tournament. Along with a declining share price, this has left its board with few options. With the need to reduce debt, a capital raising seems quite likely. This and the poor earnings news has seen a number of analysts downgrade the stock.

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