ANALYSIS: Sale of Crown Aspinalls London by Crown Resorts to Wynn Resorts makes sense for both parties

Saturday, January 11, 2025 11:46 AM
Photo:  By CVB - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=71021713
  • Andrew W Scott, Inside Asian Gaming

The author is CEO of CDC Gaming’s parent company Complete Media Group.

News broke [Friday] of the sale of Crown London (the former Aspinalls casino) by Crown Resorts to Wynn Resorts. The machinations and moves in the global integrated resort and gaming industry never seem to end and 2025 is off to a flying start with this one!

Transactions such as these are usually pretty much a zero-sum game. We often look back some years later and with the benefit of hindsight easily determine who was the winner and who was the loser from the transaction.

But I think this might be one of those rare occasions where there genuinely are two winners. The illusive “win-win transaction”.