[bsa_pro_ad_space id=1 link=same] [bsa_pro_ad_space id=2]

Skip to Content

Header Banner – BBIN

Tag Archives: Crown

Australia – International high-rollers are back for Crown

Foreign VIPs are back in large numbers for Crown Resorts’ VIP segment by 54.5 per cent to more than $51.5bn. The increase in international VIP gamblers was felt most in Melbourne with the segment increasing its revenues by 73 per cent. Crown Executive Chairman John Alexander, said: “Crown’s VIP program turnover had a very good…

Australia – Crown fined $300,000 for using blanking buttons

The Victorian Commission for Gambling and Liquor Regulation (VCGLR) has fined Crown Resorts, operator of Crown Melbourne, Victoria’s only casino, AU$300,000 for using blanking plates on slot machines at Crown Melbourne. The blanking buttons removed gambling options, including the disabling of lower bet provisions and the modifying of buttons to allow prohibited autoplay, on 17…

Argentina – Río Negro approves large scale casino and extends existing licences

The government of the province of Río Negro has presented the final agreement with local operator Crown to extend its licence agreement with seven gambling halls in the province. In return, the company will build a hotel casino complex called the Paseo Sol del Río in capital Viedma. The licence will run until 2042. Crown…

Australia – Morgan Stanley predicts VIP bounce back for Crown and The Star

Morgan Stanley has said that Australia’s two leading casinos have seen a surge in VIP play during the first three months of the current fiscal year. The high-roller segment suffered in Australia following the arrests in China of 19 members of staff at Crown who were found guilty of improperly promoting casino gaming. In 2017…

Australia – Crown teams with Wymac to develop skill-based games

Australian operator Crown Resorts is developing its own skill-based gambling games to bring new life to its digital offerings; CrownBet, Betfair Australasia and its DGN Games social gaming division. The games are coming from Chill Gaming, a joint venture Crown has formed with New Gaming Pty, owned by Wymac Gaming Solutions. That venture is working…

Australia – Genting offloads five per cent of Star Entertainment

The Australian media has reported that Perpetual Investment Management has increased its shareholding in the Star Entertainment Group buying some of the 5.62 per shares that Malaysian casino operator Genting Group has sold at AU$5.07 per share. Sources suggested Crown or related entities may have bought some of the shares on offer Genting is believed…

China – Lawrence Ho criticises Crown’s approach to player acquisition

Melco Resorts CEO Lawrence Ho has criticised former Macau partner Crown Resorts for not being ‘discrete’ in its marketing to VIP customers in mainland China. Crown’s stance led to the arrest of 18 members of staff in China and sent shockwaves through the industry in Asia. Taking to the Financial Times, Mr Ho said Crown…

Australia – Former Crown Chairman reduces share in company by five per cent

Crown Resorts’ Former Chairman James Packer has offloaded A$448m shares in the Australian casino group, lessening his ownership from 53 to 48 per cent. The sale comes via Mr Packer’s privately owned company, Consolidated Press Holdings, and relates to about 4.8 per cent of Crown, which has been snapped by third party investors. Consolidated Press…

Australia – Staff at Crown Melbourne to protest graveyard pay

Workers at Crown Melbourne, the state of Victoria’s single biggest employer, have voted to reject a wage offer for late-night and ‘graveyard’ shifts at weekends. Representatives of the venue’s 5,500 staff at Crown Melbourne have refused an increase of 2.75 per cent, and are now planning to demonstrate as they hold out for an increase…