"Burswood ball rolls The legislation which will determine the future of Perth casino operator Burswood moved a step closer yesterday when Western Australia's Racing & Gaming Minister Nick Griffiths briefed his cabinet colleagues yesterday.
The move coincided with a rally in Burswood shares through the $1 mark, where the stock finished on turnover of about 2.6million shares."
The rumour I am hearing is that the removal of the cap is a done deal and that there are a number of parties interested in bidding for BIR and are willing to pay up to $1.50 for it.