Rick,

I totally agree. My understanding is the $100m was the maximum fine the NSW regulator could levy. This mightn't be the last fine they get - they still have to deal with the Qld regulator and also Austrac re: AML. It could add up to a lot more.

I understand the financial impact on suppliers/employees but why can't they set a timetable for exit - give the company the opportunity to sell and/or have the asset forcibly transferred to another operator?

Not owned IRL or SM (nor ever...)