CASINO stock Moribo Leisure Ltd plunged through its year low price of 150c to 120c on Monday as investors ditched the stock after a failed bid for the national lottery, analysts said. The share has retraced gains made on speculation that it would get South Africa’s first lottery licence, and it has slipped from a year high of R6.20 on July 7. The government said on Friday that Uthingo Management Services had won the licence, which was expected to generate more than R6-billion in annual sales.