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Legal
June 7, 2021
Crown Resorts Isn’t Only Australian Casino Operator to Act Irresponsibly, Asserts AUSTRAC
The level of drama surrounding Crown Resorts is enough to make soap opera writers envious, but it now appears that the casino operator’s actions may have only been part of a larger, more widespread issue. Crown has been under investigation by regulators across Australia for money laundering, machine tampering, and much more as its ability […]
Casino
June 4, 2021
Victoria Royal Commission Inquiry Reveals New Crown Failings
Troubles do not seem to end for Australian casino operator Crown Resorts as Victoria royal commission’s inquiry into its sole license was presented with disturbing facts about the casino’s practices related to its responsible gambling obligations. Long Hours Play Practice The Wednesday hearing at the commission led by former Federal Court judge Ray Finkelstein, QC […]
Casino
May 27, 2021
Crown Resorts Melbourne Closes for a Week from Today
Crown Resorts, an Australian casino operator, has announced that its Melbourne property will close until June 3, in line with the newly announced coronavirus restrictions in Victoria. Victoria Government Closes All Non-essential Retail The Crown Resorts, an Australian casino operator, has announced it will close down its Melbourne facility until June 3 due to the […]
Casino
May 26, 2021
Crown Resorts Brass Prove to Be Adept at Creating Smoke Screens
The bigger they are, the harder they fall, and Crown Resorts is likely on the verge of a major collapse. Once Australia’s leading casino operator, the company has been embroiled in one controversy after another for the past several years until regulators finally decided that enough was enough. However, despite the international heat coming down […]
Casino
May 17, 2021
Crown Resorts Might Be Seriously Considering Merger with Star Entertainment
It appears that The Blackstone Group is going to have to head back to the boardroom if it wants to make a play for Crown Resorts. After Star Entertainment Group stepped in with a proposal that would see Crown and Star merge, Blackstone tried to sweeten the pot, but it apparently isn’t enough. Crown’s board […]
Legal
May 13, 2021
Crown Resorts Looks to Appease Regulators by Eliminating Junkets and Cash
Crown Resorts knows that its livelihood and future as they currently stand are on the ropes. As the casino operator faces increased scrutiny over its operational integrity across Australia, it has to know that its fate has likely already been sealed. However, as it looks to stave off any further damage or public relations nightmares, […]
Business
May 10, 2021
Crown Resorts Has a New Suitor as The Star Entertainment Offers a Deal
It took a while, but The Star Entertainment Group has finally decided to step forward and offer a deal to purchase the beleaguered Crown Resorts. The casino and hospitality company has submitted a formal proposal to buy out Crown for $7 billion (AUD$9 billion) in an all-stock deal to compete against existing bids by the […]
Casino
May 3, 2021
WA Regulatory Restriction Clouds Hang above Crown Perth
A public call for changes to casino operations in Western Australia (WA) is seeking to prevent compulsive gamblers from losing track of time and other aspects of real-life such as home, family, and employment responsibilities. WA Should Do More, Relationships Australia Argues The call spearheaded by Relationships Australia, a leading provider of relationship support services […]
Casino
April 30, 2021
Crown Perth Casino Set to Re-Open after 3-Day WA Lockdown
Casino and hospitality operator Crown Resorts announced in a filing to the Australian Securities Exchange (ASX) today its Crown Perth casino property will re-open starting from Saturday, May 1, 2021, in line with easing the restrictions in the Perth metropolitan area and Peel region by the Western Australian Government. Casino Games Resume Following the 3-day […]
Legal
April 28, 2021
Crown Resorts to Pay Massive Fine as Victorian Gaming Investigation Continues
Crown Resorts has left a trail of bad decisions over the years, all leading to the questionability of its right to continue operating casinos in Australia. As investigations into its history continue, additional missteps are being uncovered and the company continues to pay the price for decades of institutional mismanagement. The latest comes via the […]