An encounter in the French Caribbean further fueled speculation Crown Resorts’ major shareholder James Packer is looking for the way out of the company, seeking to cash in on his 36% stake in the casino and hospitality operator. Multi-Million Yachts Docked Beside Each Other James Packer celebrated New Year’s Eve on board of his $200 […]
Crown Resorts is desperately seeking to improve its compliance ahead of an urgent review of its casino license in Victoria by the state government. The casino operator announced new requirements related to transfers of money to its properties in Melbourne and Perth. Money Transfers Only from Personal Bank Accounts According to the new measure aimed […]
This week, the Victoria Commission for Gambling and Liquor Regulation (VCGLR) tabled its annual report in the state parliament, showing it did not attempt to contact employees of Crown Resorts who were arrested in China, until after one of them appeared on TV two years into the regulator’s investigation. More Criticism for the Watchdog Likely […]
