Australia’s Crown Resorts has announced the sale of its only international casino, Crown London [Aspinalls], to Wynn Resorts for an undisclosed amount. In a statement issued Friday, Crown said the transaction supports its focus on growing and developing its strategic core assets in Australia, namely Crown Melbourne, Crown Sydney and Crown Perth.
The sale is expected to complete in the second half of 2025.
“The sale of Crown London aligns with our strategy to invest in our Australian assets and customer offering to deliver sustainable growth for the business in our core market,” explained Crown CEO, David Tsai.
“Our priority is to deliver new and elevated experiences for our guests in Melbourne, Perth, and Sydney in line with our strategy to be the leading entertainment destinations in Australia.”
