Tag Archives: Crown
Australia – Intralot selected for pre-commitment scheme in Victoria
Intralot Gaming Services Pty Ltd, a wholly owned subsidiary of Intralot Australia Pty Ltd, has signed a contract with the Victorian State Government in Australia to implement a voluntary pre-commitment scheme for up to 30,000 electronic gaming machines (EGM) across the State including the Melbourne Casino. The Pre-Commitment solution in Victoria, Australia will be a…
Australia – Crown secures ‘super’ deal with Victoria government
James Packer’s Crown Resorts has secured a 17-year extension to its Melbourne casino licence from the Victorian government amid a raft of approvals that will bring more gaming tables and pokies to Crown’s gaming floor. Crown Resorts confirmed it had reached agreement with the Victorian Government on a number of reforms to the Melbourne Casino…
Australia – SkyCity, Echo and Crown to battle it out in Brisbane
Queensland Deputy Premier Jeff Seeney has revealed that 12 casino developers have paid $100,000 to lodge their formal interest in developing new casinos in the state with names including Echo Entertainment, Crown and Sky City Entertainment. These three companies will go head to head, along with another three developers, including Chow Tai Fook Enterprises, Lend…
Australia – Crown to change name but to keep focus on Australia
James Packer’s casino group Crown will change its name to Crown Resorts to better reflect the mix of product that it is bringing to the market as it looks to operate high-end tourism facilities. Crown’s shareholders will vote on the name change at its October 30 annual meeting but it is all but assured due…
Sri Lanka – Sri Lanka approves two Colombo casino projects
Sri Lanka’s Cabinet of Ministers have now approved two investments worth around $US1bn in foreign-funded casinos in the capital Colombo, including one involving Australian operator Crown, owned by James Packer. The US$350m project by Mr. Packer to build a mixed-resort in the capital Colombo, including a casino, hotel with a minimum of 400 rooms, convention facilities, restaurants and…
Australia – Crown blames profit dip on offloading The Star
Crown Resorts has blamed its strategic decision to offload its share in rival operator Echo’s The Star as the reason its annual net profit declined in the year up to June. The operator revealed that net profit dropped by 23 per cent to A$395.8m, including a $99.4m loss due to the sale of Crown’s 10…
Japan – Two years until Japan law would be ‘perfect’ for Crown
Crown’s owner James Packer believes that Japan would be the second biggest casino market in the world if it was to legalise Integrated Casino Resorts, adding that if legislation was formalised in two years the timing would ‘perfect’ for the Australian and Macau operator. Crown already operates or part operates casinos in Melbourne, Perth and…
Australia – Meetings underway for Brisbane’s second coming
Government Ministers in Brisbane have kick-started official talks with rival operators Crown Resorts and Echo Entertainment to build a second casino in Brisbane’s Central Business District. Deputy Premier Jeff Seeney, Treasurer Tim Nicholls and Attorney-General Jarrod Bleijie have now held the first formal meeting with Echo Entertainment. Mr. Seeney said: “It was very much a…
Australia – Crown wants smoking across VIP Sydney casino
James Packer’s Crown Resorts wants the New South Wales government to allow smoking across the whole of the gaming floor at its proposed Crown Sydney casino. Crown’s concept for a VIP only casino at Barangnaroo was conditionally approved by NSW Premier Barry O’Farrell last week. It wants to open a 24 hour-a-day gaming area of…
