Business
November 26, 2024
Crown Resorts Praises Victoria for Introducing Carded Play Statewide
Crown Resorts, an Australian casino and hospitality giant, has embraced the introduction of carded play across the state of Victoria. In an official statement, the company welcomed the change, calling it an “important milestone” for Victorian gaming. Carded Play Will Minimize Harm In December 2023, the group’s Crown Melbourne property introduced carded play across all […]
Business
October 31, 2024
Crown Resorts Names Veteran IR Executive David Tsai as CEO
Australian casino and hospitality giant Crown Resorts announced the appointment of a new chief executive officer. The appointee will step into the office amid the business’ recovery in the wake of regulatory scrutiny. A Proven IR Executive Joins Crown as CEO As announced by Crown Resorts’ board of directors, it has selected David Tsai as […]
Industry
October 15, 2024
VGCCC Slaps Crown Resorts with $1.3M Fine over Self-Exclusion Failures
The Victorian Gambling and Casino Control Commission (VGCCC) announced that it has slapped Crown Resorts with an AUD 2 million ($1.34 million) fine for self-exclusion violations. According to the authority, the Australian operator had allowed hundreds of self-excluded players to place bets at its local casino. The Breach Was Due to System & Control Failures […]
Business
August 27, 2024
Crown Resorts CEO Carruthers to Step Down in September
After a transformative period that helped ensure regulatory compliance for Crown Resorts, the company’s CEO, Ciaran Carruthers, will step down from his role. On Monday, the leading gaming and hospitality operator confirmed that its CEO will step down from his role effective from September 1. While Carruthers will remain a part of Crown Resorts, he […]
Industry
June 27, 2024
Limited Edition AU$62,000 Whisky Bottle Worth Stolen from Casino
Fidels The Cellar, a liquor store and hairdresser salon in the Crown Casino complex located in Southbank, Melbourne, has apparently been the scene of an alleged robbery last May. According to police reports, on May 22, a man who was pretending to be interested in buying something from the boutique liquor store allegedly left the […]
Business
June 4, 2024
Crown Resorts Names Borghetti Chair as McBeath Steps Down
Australian casino and hospitality giant Crown Resorts announced that its board of directors has designated the experienced John Borghetti as its new chairman. The appointment follows William McBeath’s recent decision to step down as chair and instead focus on his NED responsibilities. McBeath was named chair in July 2022, shortly after the company was acquired […]
Industry
April 29, 2024
Crown Confirms Restructuring, Initiates 1,000 Job Cuts
Crown Resorts, one of the leading gambling and entertainment operators in Australia, was tangled in a legal hurdle a few years ago after two probes into its operations claimed breaches of anti-money laundering and other regulations. The operator was accused of collaborating with junket operators with ties to criminal organizations. As a result, Crown was […]
Casino
April 23, 2024
Australia’s Casino Sector Sees Substantial Developments
This week has been very eventful for the Australian casino sector as Crown Entertainment reached a significant milestone in its journey towards compliance. Meanwhile, rival Star Entertainment faces another inquiry into its suitability as new revelations fueled the ongoing controversy surrounding the operator, highlighting the stark differences between the two companies. Crown Entertainment Has Achieved […]
Industry
April 19, 2024
Cultural Transformation Efforts Differ between Star and Crown
Amid the ongoing second inquiry into the license suitability for the Star Sydney, an expert in cultural transformation spoke about the challenges encountered during the attempted transformation of the casino’s parent company, Star Entertainment Group. The company faced legal scrutiny after investigations uncovered alleged deficiencies and breaches of the gambling regulations. Similarly, Crown Resorts, a […]
Industry
April 12, 2024
Concerns Mount for Aspinall’s Casino amid Parent Company Issues
A few years ago, Crown Resorts, the leading gaming and entertainment company, was tangled in a massive scandal in Australia that ultimately resulted in an extensive review of its operations across the country by the government. In 2021, a probe uncovered alleged deficiencies related to anti-money laundering regulations, claiming that the operator failed to meet […]
