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Casino
January 5, 2024
Crown Resorts Warns against Fraudulent Social Media Ads
Crown Resorts urged the community to exercise caution regarding counterfeit social media accounts and advertisements falsely using Crown’s identity. The operator was adamant that online gambling in Australia was strictly prohibited, reaffirming it did not offer any form of iGaming. Such developments further threaten Crown’s public image as the company struggles with reforms. The Operator […]
Business
December 13, 2023
Crown’s CEO Is Under Investigation for Reinstating Removed Patrons
Ciaran Carruthers, the chief executive officer of the Australian casino and hospitality leader Crown Resorts, is under investigation over allegations that he allowed removed patrons back into the company’s properties. The company’s board has launched an investigation to see if the allegations are correct. As reported by The Australian Financial Review, Carruthers is suspected of […]
Casino
November 20, 2023
Crown to Change Sydney Casino Work Hours, Lay 180 Workers Off
Crown Resorts is set to cut jobs at its Sydney casino, which continues to struggle with low visitation. The casino operator will also reduce its working hours, according to a report by The Sydney Morning Herald. The NSW news outlet said that the casino operator’s Sydney property does not have enough visitors to justify the […]
Legal
November 17, 2023
Crown Resorts Failed to Pay an Abused Guard’s Legal Fees, Lawsuit Suggests
Australian billionaire and ex-Crown Resorts shareholder James Packer is once again being sued by a security guard whom he allegedly assaulted in 2016. The guard, some 12 years older than the businessman, claimed to have been assaulted after failing to recognize Packer. Now, Packer and his team are allegedly avoiding paying the legal fees stemming […]
Casino
November 2, 2023
Crown Melbourne Workers Prepare to Strike
Crown Resorts’ woes continue as Crown Melbourne workers prepare to strike just as the highly anticipated Melbourne Cup looms. The Australian casino and hospitality giant recently encountered regulatory problems and is currently struggling with low visitation rates and taxes. Crown’s workers also aren’t happy with the conditions they are getting. Their current demands include fair […]
Business
November 1, 2023
Crown Is Renegotiating Its $1B Tax Guarantee with NSW
Crown Resorts is renegotiating its 1 billion-dollar (AUD) tax guarantee agreement with the New South Wales government. In 2013, the operator promised to pay at least $1 billion in license fees and taxes over the 15 years after the opening of its Sydney property. However, the casino didn’t quite pick up as Crown Resorts had […]
Casino
October 19, 2023
Blackstone Anticipates Crown Resorts Overhaul to Cost Millions
The Blackstone Group, the globally recognized US private equity giant, acquired Crown Resorts, the leading Australian casino operator, last summer. At the time of the announcement, the price tag of the deal was a staggering AU$8.9 billion ($6.5 billion). However, despite the initial investment to acquire Crown Resorts, The Blackstone Group revealed that it has […]
Casino
September 11, 2023
Crown Resorts Introduces Innovative Premium Player Program
In a bold move aimed at revitalizing its image and attracting both local and international players, Crown Resorts has unveiled a new Premium Player Program at the Crown Melbourne and Crown Sydney casinos. The initiative, which notably excludes Crown Perth, marks a significant step in the company’s efforts to regain its footing in the wake […]
Casino
July 28, 2023
Crown Resorts Introduces Company-Wide Safer Gambling Initiative
Australian operator Crown Resorts has introduced a new program to prevent gambling harm. The program is called Crown PlaySafe and will be rolled out across the operator’s properties in the country. Crown said that this program is in line with its Future Crown transformation program and follows the earlier troubles for the company. It aims […]
Casino
July 11, 2023
Crown’s Claim of Financial Hardship Questioned by Federal Court
In a recent development, Federal Court Justice Michael Lee has raised doubts about Crown’s assertion that it cannot afford to pay the AUD450 million ($301 million) fine imposed by AUSTRAC in a single payment. The fine was levied against the casino giant for numerous breaches of anti-money laundering and counter-terrorism laws. Justice Lee Questions Crown’s […]