Displaying articles by tag: Crown Resorts

Crown Resorts

Crown Resorts Waits For Verdict On Melbourne Casino License

Crown Resorts Ltd. is now waiting to hear from the gambling regulator in Victoria to see if it will be stripped of its Crown Melbourne casino license or if it will be allowed to operate its controversial casino.…

Crown Resorts

Crown Perth Under Scrutiny For Loan Sharking On Casino Floor

Crown Resorts is under threat of losing its casino licenses in Melbourne and Perth. The Australian casino operator had its A$2.2 billion Barangaroo Casino license revoked after a New South Wales (NSW) investigation showed that Crown Resorts had committed multiple…

Crown Resorts Star Entertainment

Star Entertainment Drops Crown Resorts Merger Proposal

Crown Resorts decided to reject an acquisition offer from the U.S. based Blackstone Group earlier this year and one of the reasons for that rejection was because it had a better merger offer from rival Star Entertainment. Star Entertainment Drops…

Crown Resorts

Crown Resorts Indirectly Threatens Gov. Over License Suspension

Crown Resorts is current the most controversial casino operator in Australia and around the world. The casino operator has this unenviable distinction after consistently breaching domestic and international gaming laws for a number of years.…

AUSTRAC Crown Perth

AUSTRAC Launches Probe Into Crown Perth and SkyCity Adelaide

Australia’s casino industry has been shaken up over the last few months as it biggest casino operator Crown Resorts is under investigation by gaming regulators in New South Wales, Victoria and Western Australia for non-compliance with gaming regulations. One of…

Blackstone Group Rejection

Crown Resorts Rejects Blackstone Group Acquisition Offer

Crown Resorts has had a rough few years as the Australian casino operator ran into trouble with gaming regulators at home and overseas. However, things have improved for the controversial gaming operator in the last few weeks as things have…

Star Entertainment Crown Resorts

Star Entertainment Submits Proposal To Merge With Crown Resorts

Star Entertainment which is the biggest rival to Crown Resorts in Australia announced on May 10 that it has made an official proposal to merge with Crown Resorts. If Crown Resorts decides to accept the merger proposal, it would create…