Tag Archives: Crown Entertainment
NSW puts faith in Crown as it finds operator suitable to retain its Sydney licence
The NSW Independent Casino Commission has found Crown Sydney suitable to retain its casino licence after nearly three years of intensive remediation. Chief Commissioner, Philip Crawford, said Crown has come a long way and must now demonstrate its long-term commitment to maintaining suitability. The NICC is confident the Crown we deemed suitable today has a…
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…