Crown Resorts | World Casino News

Australia casinos, restaurants and other businesses shut down as citizens not compliant with coronavirus social distancing

March 23, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News

Around the world, officials are announcing closings of businesses due to the coronavirus outbreak. This week, Australia has now decided to shut down casinos, restaurants, pubs, and other venues due to the publi...

Australia officials to investigate Crown Resorts over gambler visa fast-track claims

Marie Kelley

July 30, 2019

Latest Casino and Gambling News, Australia, Money Laundering, Crime

Recent allegations against Crown Resorts regarding preferential treatment to Chinese gamblers regarding fast-tracking visas has caused officials in Australia to begin an investigation into the company. Attorney...

Crown to sell CrownBet to shareholders for $150m

Lars Jones

December 29, 2017

Austria, Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In a continuation of their current course of selling off assets, Australia's Crown Resorts has reportedly offered up their majority stake in one of the country's largest sports betting operations to shareholder...

Packer’s Crown to enter online Australian lottery market sideways

Lars Jones

August 30, 2017

Latest Casino and Gambling News, Australia, Mobile gaming, Lottery, Online Gambling News, Sports betting

Crown Resorts' online sports betting arm, CrownBet will begin offering punters a chance to bet on the results of the lottery, just as if it were a sporting event, rather than purchase actual tickets. CrownLotto...

James Packer sells Crown notes for $100m

Alex Lanter

March 20, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

Australian casino tycoon James Packer has gathered more than $101 million (AUD) from selling a million subordinated notes in Crown Resorts Limited to the company last week, according to an Australian Stock Exch...

Robert Rankin steps down as chairman of Crown Resorts; Packer back in

Marie Kelley

January 10, 2017

Latest Casino and Gambling News, Australia, Employment & Careers

After quitting the position of chairman for Crown Resorts in 2015, James Packer returns to his previous leadership role within the company. An announcement was made that Robert Rankin has stepped down as part o...

Major casino operators resume marketing efforts in China

Renee Kingsley

January 4, 2017

Latest Casino and Gambling News, China, Macau

The authorities in China arrested 17 Crown Resort employees in October 2016 on alleged gambling related crimes and caused major casino operators in the region to immediately pull out their staff and cease all m...

Alon founders not giving up on Las Vegas Strip resort development

Lars Jones

December 25, 2016

Latest Casino and Gambling News, Las Vegas, New Hotels, Casino project updates, Economy/Finance

Alon Las Vegas may have experienced some troubles with finding proper funding for the boutique Strip resort in the past, but another major hurdle may have appeared on December 15 when James Packer's Crown Resor...

Crown Resorts to abandon Alon Las Vegas and dispose more of its stake in Macau casinos

Renee Kingsley

December 15, 2016

Latest Casino and Gambling News, Las Vegas, Australia, Casino expansion projects, China, Economy/Finance, Macau

Crown Resorts is shuffling the deck. The Australian gambling giant had planned a demerger of its international assets and also had plans to develop the Alon Las Vegas casino, which would have been the first Cro...

Israeli authorities looking into billionaire James Packer’s ties with Israeli Prime Minister Benjamin Netanyahu’s family

Renee Kingsley

December 2, 2016

Latest Casino and Gambling News, Australia, Israel, Taxation

Australian billionaire James Packer who is the biggest shareholder in Crown Resorts has come under the radar of Israeli authorities after showering Israeli Prime Minister Benjamin Netanyahu and his family with ...

Crown taps outside legal in exposure assessment on Chinese charges

Lars Jones

November 26, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, China, Economy/Finance, Unlicensed Operation

James Packer's Crown Resorts has reportedly deployed a host of high-powered in-house and outside legal advisers and counsel to help assess the corporation's vulnerability and liability following the arrest of 1...

Macau Junket Association looking to set up centralized credit database by Jan 1, 2017

Renee Kingsley

November 18, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Macau

The recently concluded Macau Gaming Show 2016 brought together some of the key junket operators and executives in the industry who shared their future plans and addressed market concerns. The most important ann...

Crown’s Barangaroo casino project threatened by Millers Point Fund lawsuit

Renee Kingsley

November 12, 2016

Latest Casino and Gambling News, Australia, Casino project updates, Fines, Lawsuits & Litigation

The Barangaroo casino project in New South Wales (NSW) has been hit with a number of delays ever since Crown Resorts proposed to build the $2 billion casino resort in 2012. The Land and Environment Court is exp...

Melco Crown not certain if recent crackdown in China will impact its VIP gaming revenues

Renee Kingsley

November 7, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau’s casino industry has experienced three consecutive months of increase in its gross gaming revenues (GGR) and gaming analysts believe that the biggest gambling hub in the world is finally experiencing a t...

Chinese Authorities reported to have arrested 10 junket operators in continued Crown Resorts crackdown

Renee Kingsley

October 26, 2016

Latest Casino and Gambling News, Australia, China, Unlicensed Operation, Macau

The Australian newspaper has reported that Chinese authorities have continued their crackdown on gambling promoters in Mainland China and have arrested another 10 individuals. The 10 people in custody are suspe...