Your $1m inheritance is locked for 10 years in one company, which one ?

[stoploss]

Snoopy how can you call it a monopoly when every corner pub has pokies . They are in the gambling business and plenty of outlets for the punters money. Online gaming / punting is massive .

[Snoopy]

Snoopy how can you call it a monopoly when every corner pub has pokies . They are in the gambling business and plenty of outlets for the punters money. Online gaming / punting is massive.

Pokies do not define a Casino 'stoploss'. The monopoly is the 'casino licence'. No one else can serve 'high rollers' or 'lower rollers' on gambling tables. In NZ, pokies outside of casinos are now shrinking in number, strengthening Sky City's position in general. Of course where pokies were greatly increased in number in the Northern Territory, the Sky City Casino there in Darwin was hit badly. But there is no sign of that happening in New Zealand, or Adelaide.

SNOOPY

[peat]

I'd be pretty conservative and put it in Mainfreight, or Ryman, or Ebos.
With a 10 year blind time frame I'd be prepared to pay for quality with a stronger expectation that it would stick around and continue to perform at least adequately and hopefully a lot better.
You need to be sure that it can meet challenges, and adapt. If it hasnt proven that - the risk is a lot higher it wont be around in 10 years. Hence OCA not a go for me in a blind trust like situation.