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Tag Archives: Crown Entertainment

Australia – Crown lessens its stake in Macau and pulls out of Las Vegas

Australian operator Crown Resorts is looking to lessen its exposure to Macau and abandon plans to develop Alon casino in Las Vegas Crown confirmed it will sell part of its share in Macau operator Melco Crown Entertainment following the arrests of 18 Crown employees by Chinese authorities. Crown will sell a stake worth A$1.6bn to…