Craig Hutchison

Yeah, that was the number he's projected.

But it is.

Well, it has been.

Well, it's not.

They tried to play a game there last year and weren't allowed.

We've been a bit dry today, Archie, and we're probably going to stay dry because we're going to move it across to Tabcorp because now being run for some years by Gillan McLaughlin.

This was a bombshell dropping news-wise during the week, Archie.

Oztrak investigating TabCorp over compliance with anti-laundering and counter-terrorism funding laws.

Now, that's a very wide and varied statement.

As I often say in the topics we discuss on The Sounding Board, Hutchie, follow the money.

This is basically follow the cash, isn't it?

Because of the cash component to the tab corp operations, and that being the old-fashioned use of an electronic machine at a venue and the spitting out of vouchers –

not so much cash anymore, but vouchers, which may or may not be then transferred to other forms of business.

I'm paraphrasing a deeper issue.

I'm not making light of it because this is a very serious issue.

The share price was down $1.16 and a 75 cents in a matter of 48 hours after this announcement, $800 million has gone off the paper number.

It's a big issue for Gill and Tabcourt.

I wouldn't assume anything, given four or five or six years ago they were investigated for the same thing and copped a $45 million fine.

This one could be multiple numbers of that.

Yeah.