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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.
KUALA LUMPUR: Multiple interests pose multiple risks for the Genting group which is involved in gaming, plantations, property, power and oil and gas, Maybank Investment Research says.
SYDNEY: The CEO of Australian casino giant Crown Resorts Ltd said on Wednesday the company's holiday package clients posed a higher risk of money
UNCERTAINTY will continue to be the order of the day in the stock market from now until at least November ahead of key events such as the US presidential elections, and closer to home, the tabling of Budget 2021 and the Sabah polls
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.
CASINO stocks rallied as the easing of some Chinese travel restrictions for Macau sparked optimism of a revival in the world’s largest gambling hub.
KUALA LUMPUR: Maybank Investment Bank Research is retaining its Buy on numbers forecast operators (NFOs) Magnum and Berjaya Sports Toto as jackpot sales have recovered by about 78% in two and a half weeks.
Most valuable gaming company in the region is under pressure as business is down at a time when it has a US$4.3bil (RM18.5bil) project in Las Vegas to complete.
THE Philippines has allowed online casinos targeting Chinese gamblers to partly resume operations amid a lockdown on the main Luzon island.