Reef Casino Trust provided earnings guidance for the full year of 2018. With slightly more than three weeks' trading to go before the end of the financial year, the current estimate of the distributable profit for the full year 2018 is approximately $10 million, compared to 2017's distributable profit of $11.3 million. While the distributable profit for the first half of the 2018 financial year was 32% above that of 2017 the second half is forecast to be lower due to lower rentals from the Reef Hotel Casino. In the second half, hotel operations have continued to perform strongly. Casino operations have been lower because of strong local slots competition, a softer Chinese tourist market and lower spending by patrons generally. The recently completed Casino Refresh Project resulted in some disruptions however the casino now has a more competitive product. The estimated net profit for the full year 2018 is approximately $5.0 million after deducting distributions to unitholders, estimated to be approximately $5.0 million.