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Reef Casino ( (AU:RCT) ) has provided an update.
Reef Casino Trust has announced an estimated distribution of 14.26 cents per unit for the second half of 2025, totaling approximately $7.1 million, reflecting a strong performance compared to the previous year. The Trust’s robust second half was driven by increased visitation and gaming revenues due to a buoyant high season in Cairns, resulting in an estimated net profit of $5.2 million for the year, after distributions.
The most recent analyst rating on (AU:RCT) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Reef Casino stock, see the AU:RCT Stock Forecast page.
More about Reef Casino
Reef Casino Trust operates in the hospitality and gaming industry, focusing on managing and distributing profits from the Reef Hotel Casino in Cairns, Australia. The Trust’s primary services include generating rental income from its casino and hotel operations, capitalizing on high tourist seasons to boost visitation and gaming revenues.
Average Trading Volume: 6,868
Technical Sentiment Signal: Buy
Current Market Cap: A$174.8M
See more data about RCT stock on TipRanks’ Stock Analysis page.