Legal
October 4, 2020
NSW: Former Crown CEO Unaware of Possible Money Laundering
John Alexander, Chairman of Crown Resorts and former CEO of the casino operator could not recall being briefed about millions in cash found out in a junket’s private gambling room in the casino. The former media executive, now right-hand man of James Packer, was grilled during the ongoing investigation by the Independent Liquor and Gaming […]
Legal
September 2, 2020
NSW Inquiry: Crown AML Did Not Monitor Suspicious Bank Accounts
The public inquiry into the suitability for casino license of Crown Resorts for its new resort in Barangaroo continued as the inquirers heard from Crown’s top legal officer casino’s anti-money laundering (AML) teams did not monitor a couple of bank accounts which have been suspected to have been used to clean dirty cash. Previously, Crown’s […]
Casino
August 18, 2020
NSW Inquiry: Crown Risked Staff Arrests Despite Sound Warning
Crown Resorts did nothing to protect their China-based members of staff from being arrested, despite being notified of the high risk and the fear its employees were living in, an ongoing investigation by the Independent Liquor and Gaming Authority (ILGA) in New South Wales (NSW) into the suitability of the ASX-listed company to hold a […]
Business
July 24, 2020
Crown Resorts Takes Cashless Payments for Test-Run at Perth
Responding to “societal changes” and hurrying up to adapt to the COVID-19 world, Crown Resorts announced that it would use cashless payment options at Crown Perth. The intiative is currently in test mode and will start on Monday, July 27. Crown Perth to Launch Cashless Payment Test Starting on Monday, casino guests at Crown Perth […]
Casino
May 11, 2020
LVS May be Considering the Acquisition of Wynn Resorts, Analysts Suggest
Las Vegas Sands (LVS) may be looking to acquire Wynn Resorts, an analysis by a boutique investment bank and advisory firm for the gaming industry suggests. Union Gaming LLC, in a note published Thursday overnight, cited Okada Manila in the Philippines, Australia-based Crown Resorts, and Wynn Resorts, all three as potential acquisition targets for the […]
Casino
April 29, 2020
Crown Client Filed Suit for Negligence against the Casino
Crown Casino in Melbourne is being sued for negligence by a client who suffered life-changing injuries after slipping on a spot of vomit on the casino’s floor. Michael Stephenson, the plaintiff, will always remember that night in December 2017, a night that he ended with a broken neck. Crown Casino in Melbourne that is owned […]
Business
April 16, 2020
Star Entertainment and Crown Resorts Cut Executives Pay
Australia’s largest casino operators, The Star Entertainment Group and Crown Resorts, have adopted measures to weather the COVID-19 occasioned lockdown without taking too much of a financial hit. Crown Resorts and The Star Entertainment Group Updated Securities Filings Australian casino giants have taken serious pay cuts across their executive staff to help weather the coronavirus […]
Legal
April 6, 2020
Investigation into Crown Resorts’ Casino License in NSW Suspended
The ongoing health crisis related to the severe outbreak of the coronavirus around the world had another type of impact on a casino operator, Crown Resorts, as several days ago there was an announcement that the investigation in New South Wales /NSW/, Australia, into the operator’s suitability to hold a gaming license had been postponed […]
Business
March 22, 2020
Crown Melbourne Casino Main Gaming Floor Would Have To Close
One of the few surviving the coronavirus /Covid-19/ spread-halting measures casino in the world, Crown Resorts’ casino in Melbourne, has been forced to shut down its main gaming floor by authorities in Victoria, to firm up their efforts to contain the virus. Casino Gaming Was As Much Essential As Supply Stores Initially, the government in […]
Casino
March 16, 2020
Australian Casinos Take Steps to Prevent Spread of Coronavirus
The world is still struggling to contain the ongoing coronavirus outbreak and we have already beginning to see several industries taking a hit. The gambling industry has been one of the most affected ones particularly due to the recent calls for social distancing and recommendations that have been made against large social gatherings. Macau, one […]