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Business
September 6, 2021
Crown Resorts Not Opposed to Leasing Properties If License Pulled
Crown Resorts is waiting to learn its fate in Victoria and Western Australia, as authorities in both Australian states consider what actions to take for the company’s history of improprieties. New South Wales (NSW) has already suspended Crown’s license and, if similar decisions are made in the rest of the country, the operator would have […]
Casino
August 30, 2021
Crown Decimated VIP Clients to Avoid Further Compliance Probes
A due diligence review of existing customers at an Australian land-based casino operator saw the number of VIP clients being more than decimated. VIP Clients Reviewed Crown Resorts announced it banned from its casinos more than 250 out of around 1,800 local high-rollers, as the high spenders failed to identify the source of their gambling […]
Business
August 27, 2021
Crown Resorts Names Ziggy Switkowski Chairman as Helen Coonan Steps Down
Crown Resorts revealed that Helen Coonan steps down as chairperson today. The company revealed that it hired the services of industry expert Dr. Ziggy Switkowski to fill Coonan’s position. Crown Resorts Appoints New Chair Helen Coonan has been a part of Crown Resorts for nearly ten years. It was January last year when she was […]
Legal
August 13, 2021
Gambling Addict Ahmed Hasna Sues Crown Resorts after Losing $3.3 Million
Crown Resorts is in the news again, as gambling addict Ahmed Hasna is suing the casino operator, backed by James Packer, for around $3.3 million (AUD$4.5m). Stephen Maybe, an award-winning journalist and a local government counselor for Melbourne, shared the news about the lawsuit via Twitter on August 10, saying that the suit has the […]
Business
August 4, 2021
Crown Resorts Set to Part Ways with Helen Coonan, Xavier Walsh
The shakeup of personnel in the upper ranks of Crown Resorts in Australia continues. As the casino operator tries everything it can to hang onto its gaming license in the state of Victoria, Crown Melbourne CEO Xavier Walsh is being forced to distance himself from the company. It has also been reported that Crown’s executive […]
Business
July 28, 2021
Crown Resorts Agrees to Pay Small Part of Multimillion-Dollar Tax Bill
Crown Resorts is opening its wallet to settle an outstanding debt with the Victorian government, but it may not be enough. The beleaguered Australian casino operator has acknowledged that it will hand over approximately AUD$37 million (around $44.6 million) after it inadvertently underpaid its taxes for 2012. The sudden windfall will be welcome by the […]
Casino
July 26, 2021
Decision on Crown Resorts’ Future in Western Australia to be Delayed
It was initially thought that an ongoing investigation into Crown Resorts’ suitability as a casino operator in Western Australia (WA) would have been wrapping up soon. Then, an extension was given to the investigation as it became clear that the casino operator’s possible derelictions were more extensive than initially thought. As of the end of […]
Casino
July 23, 2021
Star Entertainment Shies Away from Crown Resorts Takeover
Star Entertainment is no longer entertaining the idea of a Crown Resorts takeover. On paper dubbed a merger, any action by Star to integrate Crown’s operations into its own would have put the latter’s brass on notice that their days were numbered. However, seeing that Crown continues to face more scrutiny across Australia and may […]
Business
July 20, 2021
Crown Melbourne Faces Possible License Suspension in Victoria
Crown Resorts may face another massive setback in Australia. The counsel assisting the Royal Commission in Victoria in its investigation of the casino operator thinks it shouldn’t retain its license due to the fact that it breached the Casino Control Act of Victoria. Barrister Adrian Finanzio SC has stated that Crown may not be worthy of […]
Casino
July 12, 2021
Crown Resorts Called Out for Trying to Manipulate Ongoing Investigation
Crown Resorts has tried to play the pity card in Victoria and it didn’t go over very well. The casino operator has already shown its inability to act as a good corporate citizen in New South Wales (NSW) and could be facing similar trouble in Victoria and other states. Perhaps seeing the writing on the […]