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Australian casino billionaire Packer should be reconsidered for approval
SYDNEY: An Australian regulator should reconsider its approval of billionaire James Packer as a registered associate of casino company Crown Resorts Ltd due to his "adverse impact on its good governance", an inquiry heard on Thursday.
Shareholders vote down executive pay
SYDNEY: Shareholders of Crown Resorts Ltd voted against executive pay at the company’s AGM, a step toward removing the board, as the Australian casino giant apologised for corporate governance failings.
Crown Resorts says regulator to probe Melbourne casino on money-laundering concerns
Casino operator Crown Resorts Ltd said on Monday Australia's financial crime watchdog had launched a probe into its Melbourne business on suspicions of money-laundering and counter-terrorism financing, sending its shares over 4% lower.
Director of Australia's Crown says she felt pressured to sign discredited advert
SYDNEY: A director of Australian casino giant Crown Resorts Ltd felt pressured last year by its then-chairman to sign a now-discredited full-page newspaper advertisement attacking negative media coverage, she told a regulatory inquiry on Thursday.
I forgot: Casino billionaire Packer explains share sale slip-up
SYDNEY: Australian billionaire James Packer said he “forgot” his casino firm Crown Resorts Ltd was banned from dealing with associates of Hong Kong’s Stanley Ho when he orchestrated a part-buyout by a firm controlled by Ho’s son.
Australia’s Crown Resorts bets on domestic gamblers
SYDNEY: Australian casino giant Crown Resorts Ltd said yesterday it was betting on domestic gambling to bolster profit as an international travel ban triggered by the coronavirus pandemic wiped out much of its annual earnings.
Explainer: Israeli PM Netanyahu's corruption trial
JERUSALEM (Reuters) - A week after being sworn into office for a fifth term, Israeli Prime Minister Benjamin Netanyahu goes on trial on Sunday, charged with corruption.
Explainer: Why is Israel's Netanyahu facing trial?
JERUSALEM (Reuters) - A week after being sworn into office for a fifth term, Israeli Prime Minister Benjamin Netanyahu will go on trial on May 24, charged with corruption.
Australia building activity to drop 16%
SYDNEY: Australia’s commercial construction activity will collapse as the impact of Covid-19 wipes out private demand for new building works, a national industry body said.
Australia casinos turn off every second slot machine
SYDNEY: Australia’s two biggest casino companies said they would shut off half their poker machines to force gamblers to engage in “social distancing” and slow the spread of the coronavirus, as concerns about their future revenue sent shares tumbling.
