Latest Australian Gambling News 8 of 45

Blackstone makes third takeover bid for Crown Resorts

Last Updated Mon, Nov 22nd by William Brown

Private equity giant Blackstone has made a revised takeover bid for Crown Melbourne that has reignited the battle for control of the most prized casino in Crown’s portfolio.

Third Crown royal commission wraps up

Last Updated Fri, Nov 19th by Ethan Anderson

The Perth casino royal commission has heard from its final witness as the third of three investigations into money laundering at Crown Resorts has wrapped up.

Crown hires new brand and corporate affairs executive

Last Updated Wed, Nov 17th by Ethan Anderson

Crown Resorts has hired a new brand and corporate affairs officer to boost its public sentiment after a wave of scandals have besieged the casino operator.

PNG’s Paga Hill residents detail life since casino land takeover

Last Updated Tue, Nov 16th by William Brown

The former residents of a settlement in Papua New Guinea who claim they were evicted a decade ago to make way for a resort, casino and aquarium say…

Crown Perth set up questioned at royal commission

Last Updated Tue, Nov 16th by Noah Taylor

Crown Perth’s management structure, where a local board and the ASX-listed company’s central governance is a “legacy issue”, according to director-elect Anne Ward. The…

US issues business warning against Cambodian casinos

Last Updated Fri, Jan 13th by Ethan Anderson

American companies and investors have been told to steer clear of Cambodian casinos by the US government, for fears of corruption and risky business. A joint…

Crown Perth culture review raises numerous concerns

Last Updated Mon, Nov 15th by William Brown

Crown Resorts’ Perth casino has undergone a culture review that has discovered a large number of staff feel they could be penalised for raising concerns to management.

Wynn CEO Matt Maddox steps down

Last Updated Fri, Nov 12th by Ethan Anderson

The chief executive officer of Wynn Resorts is stepping down from January 31. Asia Gaming Brief reports that outgoing Wynn CEO Matt Maddox…

Crown Sydney appoints operations veteran to run its new venture

Last Updated Wed, Mar 6th by William Brown

An operations veteran from outside the casino space has been recruited to oversee Crown Resorts’ newest venture in Sydney. The Australian reports that…

Star refutes comparisons to Crown during annual general meeting

Last Updated Wed, Nov 10th by Ethan Anderson

Star Entertainment has gone on the offensive to shareholders, denying media reports that the embattled casino operator is just like Crown Resorts. News.com.au…

ORIX outlines financial plan for Japanese integrated resort with MGM

Last Updated Tue, Nov 9th by Noah Taylor

ORIX Corp has matched the contribution of its consortium partner MGM Resorts to the development of a new integrated resort in Osaka. Inside Asian Gaming…

Blackstone withdraws offer for Crown amid uncertainty

Last Updated Tue, Nov 9th by Mia Chapman

A US private equity firm that once held hopes of acquiring a bigger slice of Crown Resorts has walked away from the casino operator and isn’t planning to…

MGM puts iconic Vegas property up for sale

Last Updated Mon, Nov 8th by Ethan Anderson

MGM Resorts has put one of its iconic venues up for sale to reduce its exposure to Las Vegas. Asia Gaming Brief reports…

Crown reforms to take years to fix, Perth commission heard

Last Updated Mon, Nov 8th by William Brown

The Perth Casino royal commission has heard that it could take Crown Resorts many years to fix “significant cultural weaknesses” at the organisation. News.com.au…

Crown chair outlines flaws in Victorian royal commission findings

Last Updated Fri, Nov 5th by Ethan Anderson

The interim chairman of Crown Resorts said she is struggling with the practicality of key recommendations put forward by the Victorian royal commission into the Melbourne casino.