Tag Archives: Crown
Australia – NSW Authority to investigate Crown’s links to Stanley Ho
NSW Independent Liquor and Gaming Authority is launching an inquiry into Crown Resort’s Barangaroo licence concerning the sale of shares in Crown Resorts from James Packer’s CPH Crown Holdings Pty Limited to Lawrence Ho’s Melco Resorts & Entertainment. The deal was confirmed by Crown in a Media Release dated 31 May 2019. Reports out of…
Colombia – Codere installs Zitro’s Link King
Codere has installed Zitro’s Link King, the star product of Bryke video slots, in its Crown Casinos in Cali and Bogotá in Colombia. The linked progressive, which has achieved such phenomenal success across Latin America, is now available in Crown Cali, Crown Unicentro, Crown San Rafael and Crown Platinum Casinos joining a gaming trend felt…
Australia – Victoria government rejects Crown’s delay to One Queensbridge
Australian casino operator Crown Resorts will have to reconsider its options regarding the construction of Australia’s tallest building with its request to delay the start of its build rejected by the Victoria government. The 323-meter, 90-story One Queensbridge tower would have been built at the company’s existing casino resort in Melbourne at a cost of…
Australia – VIP slump in Perth takes bite out of Crown’s profits
Asian high-rollers have stayed away from the baccarat tables at Crown Perth where a ‘subdued’ performance saw revenues fall by 10 per cent in the 12 months to June 30 to $564m. Baccarat revenues fell by 24 per cent to $163 m at the Perth casino, which was recently redesigned to the tune of $650m…
Argentina – Work begins on large scale casino in RÃo Negro
Argentine operator Crown Casino has begun the construction of the Sol del RÃo project in the capital of the province of RÃo Negro Viedma. Work will be developed in stages while the traffic will be reduced around the area. After the public hearing was held in February, the Municipality demanded several changes to the area…
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 – RÃo Negro approves large scale casino and extends existing licences
The government of the province of RÃo 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 RÃo 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…