Tag: Crown Resorts
Crown London acquisition to boost Wynn’s regional brand power: Analyst
The acquisition by U.S. casino giant Wynn Resorts of high-end casino Crown London will boost the company’s regional brand power and build... more
ANALYSIS: Sale of Crown Aspinalls London by Crown Resorts to Wynn Resorts makes sense for both parties
The author is CEO of CDC Gaming’s parent company Complete Media Group. News broke of the sale of Crown London (the former Aspinalls... more
Australia’s Crown sells members-only London casino to Wynn Resorts
Australia’s Crown Resorts has announced the sale of its only international casino, Crown London , to Wynn Resorts for an undisclosed... more
Crown Resorts reveals narrowed AU$165 million loss in FY24 but flat revenues show operating challenges remain
Australia’s Crown Resorts has announced a narrowed AU$164.8 million (US$111 million) loss for the 12 months to 30 June 2024, although the... more
Blackstone quietly injects almost $500 million into ailing Crown Resorts
Blackstone quietly injected almost half a billion dollars in cash into Crown Resorts last year as the asset management giant attempted to... more
Two Australian casinos, one dream: the battle for Sydney’s gamblers
Crown Resorts and The Star glare across at each other from either side of Darling Harbour, with all the swagger and scandal and shame of... more
Crown Resorts to slash hundreds of casino jobs in Melbourne, Sydney and Perth
Crown Resorts will slash 1000 jobs across Australia as the entertainment giant undergoes a major restructure. Its casinos in Sydney,... more
Expert tells inquiry about stark contrast between cultural transformation efforts of Australian casino giants Star and Crown
An expert in cultural transformation who worked with Australia’s two casino giants on rebuilding their organizations has described Star... more
Exclusive, private London casino warns of ability to stay afloat amid concerns at parent Crown Resorts
Mayfair’s Crown London Aspinalls casino has warned that there is “materially uncertainty” over its ability to keep trading, as its... more
Crown wins back Melbourne casino license after finding of suitability
Australian casino operator Crown Resorts has been deemed suitable to operate its Melbourne casino and that it is in the public interest for... more