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Crown Resorts Ltd Says Co Completes Acquisition Of One Queensbridge Development Site
Crown Resorts Says 1 July-20 Oct VIP Program Play Turnover At Australian Resorts Down 46%
Crown Resorts Reaches Agreement With ATO To Settle Dispute
Crown Resorts Limited is an entertainment and gaming company with operations and investments in Australia, Asia, the United Kingdom and the United States. The Company has four operating segments, which include Crown Melbourne; Crown Perth; Crown Aspinall's, and Wagering and Online. The Company owns and operates approximately two integrated resorts, including Crown Melbourne Entertainment Complex and Crown Perth Entertainment Complex. Crown Melbourne is an integrated resort, which has a casino, hotels, function rooms, restaurants, shopping and entertainment facilities. The Crown Perth is an integrated resort, which consists of a casino, international hotels, a convention center, and food and beverage outlets. Crown Aspinall's is a London casino located in West End entertainment district. City of Dreams offers a range of entertainment options, accommodation, international dining and designer fashion brands.
Casinos & Gaming
Crown Towers, L 3 8 Whiteman Street
John Henry Alexander
Executive Chairman of the Board
Kenneth M. Barton
Chief Financial Officer
Barry J. Felstead
Chief Executive Officer - Australian Resorts
William Todd Nisbet
Executive Vice President - Strategy and Development
General Counsel, Company Secretary
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Price To Sales (TTM)
Price To Book (MRQ)
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Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Crown Resorts Ltd <CWN.AX> on Thursday said "VIP" sales at its Australian resorts sank 46% during the July-Oct. 20 period as the international tourist market for the casino operator remained under pressure.
Casino giant Crown Resorts Ltd on Thursday said "VIP" program play turnover at its Australian resorts sank 46% during the July-Oct. 20 period, as Chinese tourists who make up the bulk of those sales dwindled amid slowing growth in the world's no. 2 economy.
Australian businessman James Packer has frozen a A$1.2 billion (£660.2 million) partial sale of his casino company to Hong Kong's Melco Resorts & Entertainment pending an investigation into alleged criminal activity at its Australian operations.
Australia's Crown Resorts on Thursday said it had been informed that a planned $1.2 billion stake sale by casino mogul James Packer to Melco Resorts & Entertainment had been delayed.
Australian casino giant Crown Resorts Ltd <CWN.AX> said on Wednesday its annual profit fell on less gambling by Chinese tourists, and it again denied media reports alleging the company flouted visa rules that have triggered three regulatory probes.
Australia's biggest casino operator Crown Resorts Ltd on Wednesday posted a 4.7% decline in annual profit, hurt by lower spending by wealthy Chinese gamblers.
* Co announces departure of CFO Chad Barton (Recasts, adds analyst quote, details on rival Crown Resorts)
Melco Resorts & Entertainment <MLCO.O> said on Friday it will cooperate with an Australian gaming regulator's inquiry into its $1.2 billion stake purchase in Crown Resorts <CWN.AX>.
An Australian gaming regulator said it will review Melco Resorts & Entertainment's <MLCO.O> planned $1.2 billion stake purchase in Crown Resorts <CWN.AX> following local media reports that Crown flouted rules to lure big Chinese gamblers to Australia.
Australia's New South Wales liquor and gaming regulator on Thursday announced an inquiry into Melco Resorts & Entertainment's proposal to buy a stake in Crown Resorts from casino mogul James Packer.
Australian casino giant Crown Resorts <CWN.AX> issued full-page newspaper ads on Thursday describing recent media reports that alleged it pressured officials to fast-track visas for Chinese gamblers as a "deceitful campaign".
Casino operator Crown Resorts <CWN.AX> on Wednesday dismissed media reports that it flouted visa rules to bring Chinese gamblers to Australia after the government ordered an inquiry into immigration officials' dealings with the company.
An Australian regulator said it will review its approval for Crown Resorts' $1.5 billion casino being built in Sydney, after the gambling giant's founder James Packer sold nearly half his stake in the company to Hong Kong's Melco Resorts.
Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong's Melco Resorts & Entertainment Ltd dampened hopes for a full buyout.
Australian shares are expected to open higher on Friday, tracking gains on Wall Street, and are likely to be supported by a surge in Crown Resorts Ltd shares after U.S. firm Melco Resorts & Entertainment said it will buy a stake in the casino operator. Melco Resorts & Entertainment...
Melco Resorts & Entertainment will buy a 20% stake in Australia's Crown Resorts from casino mogul James Packer for A$1.76 billion ($1.22 billion), the U.S. company said, months after Wynn Resorts withdrew an offer to buy Crown.
Melco Resorts & Entertainment Ltd said on Thursday it would buy a 19.99% stake in Australia's Crown Resorts Ltd for A$1.76 billion ($1.22 billion). Melco's offer represents a marginal premium of 0.6% to Crown's last closing price of A$12.92. ($1 = 1.4436 Australian dollars...
Shares in Australia's Crown Resorts Ltd tumbled on Wednesday after U.S. casino giant Wynn Resorts Ltd quit discussions for a A$10 billion ($7.1 billion) buyout, although some investors appeared to be hoping for a change of heart.
Shares in Australian casino operator Crown Resorts Ltd tumbled on Wednesday after U.S. casino giant Wynn Resorts Ltd abruptly ended takeover talks overnight.
Wynn Resorts Ltd, the world's No. 2 casino operator, said on Tuesday it scrapped preliminary talks to acquire Crown Resorts Ltd for A$10 billion ($7.1 billion), after the Australian Financial Review broke news of the negotiations.
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