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SYDNEY (Reuters) - Australian officials have met with the three Crown Resorts Ltd
HONG KONG: Casino shares fell as Macau operators pulled staff from China after the country detained employees of Australia’s Crown Resorts Ltd, the latest sign of the government’s clampdown on foreign companies trying to woo its citizens to gamble overseas.
SYDNEY: The billionaire owner of Australia’s Crown Resorts Ltd has trimmed his stake to less than half, the latest step in cutting down his involvement in the country’s top casino company.
SHANGHAI (Reuters) - China released 10 employees of Australian casino operator Crown Resorts Ltd on Wednesday, the first of 16 who were detained in October and sentenced in June for gambling crimes.
SYDNEY (Reuters) - Billionaire James Packer, the majority owner of Australian Crown Resorts Ltd, said on Tuesday he was very concerned for 18 company employees detained in China for suspected "gambling crimes."
BEIJING (Reuters) - China's Foreign Ministry said on Monday some Australians have been detained for suspected gambling crimes, after Australia's biggest casino company, Crown Resorts Ltd, said China had detained 18 of its employees including three Australians.
SYDNEY: Australian casino giant Crown Resorts Ltd says 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.SYDNEY: Australian casino giant Crown Resorts Ltd says 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.
Beleaguered casino operator Crown Resorts Ltd said on Monday it received a buyout offer from private equity company Blackstone Group Inc that values the company at A$8.02 billion (US$6.19 billion).
SYDNEY: Crown Resorts Ltd isn’t fit to run its new flagship Sydney casino unless it replaces its chief executive officer and restructures the board, an inquiry recommended after a probe exposed wide-ranging governance and anti-money laundering failure
SYDNEY: Australian casino giant Crown Resorts said on Tuesday it had received an indicative A$10 billion ($7.1 billion) takeover offer from Las Vegas's Wynn Resorts, sending Crown's shares soaring as investors bet on an even higher bid.