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Business 10 Apr 2019 | 12:00 AM

Wynn considers US$7bil Crown deal

SYDNEY: Wynn Resorts Ltd is in talks to buy Australian billionaire James Packer’s Crown Resorts Ltd for A$9.99 bil (US$7.12 bil) as the Las Vegas casino empire looks for growth in Asia amid a slowdown in the gambling enclave of Macau.

Business 22 Mar 2018 | 12:00 AM

Billionaire Packer quits Crown due to mental illness

SYDNEY: Billionaire James Packer quit the board of his casino operator Crown Resorts Ltd due to mental health issues, the latest turn in a turbulent private and business life that’s seen his overseas gaming empire unravel.

Business 05 Feb 2014 | 4:11 PM

Australian casino battle heats up, Genting eyes at least 10% stake in Echo

SYDNEY: Echo Entertainment Group Ltd chief executive John Redmond announced his retirement on Wednesday just over a year into the job, leaving the Australian casino operator to fend for itself in a turf war against Crown Resorts Ltd.

Business 22 Apr 2014 | 8:43 AM

Australia's Crown prepares $2bil Las Vegas casino bid

SYDNEY: Australia's Crown Resorts Ltd is set to bid for a $2 billion casino complex in Las Vegas, according to media report, underscoring the Melbourne-based casino operator's ambition to expand to more markets.

Business 29 May 2014 | 12:00 AM

Genting's Echo shortlisted for Queensland casino licence

SYDNEY: Australian gaming giants Echo Entertainment Group Ltd, in which Genting is a shareholder, and Crown Resorts Ltd will compete against some of China’s biggest property developers for casino licences in Queensland.

Corporate News 20 Oct 2016 | 5:53 AM

Australia's Crown says no charges laid against staff held in China

PERTH: Australia's top casino operator Crown Resorts said on Thursday no charges had been laid against 18 of its staff held in China for alleged gambling crimes, adding to a sense of confusion that has surrounded the company's biggest crisis.

Corporate News 17 Oct 2016 | 7:33 AM

China detains staff from Australia's Crown for 'gambling crimes'

SYDNEY: Australian casino giant Crown Resorts Ltd said on Monday China had detained 18 of its employees including three Australians, sending gaming stocks tumbling on concerns about their strategy for luring Chinese gamblers.

World 17 Oct 2016 | 4:43 PM

China detains staff from Australia's Crown for "gambling crimes"

SYDNEY/HONG KONG (Reuters) - Australian casino giant Crown Resorts Ltd said on Monday China had detained 18 of its employees including three Australians, sending gaming stocks tumbling on concerns about their strategy for luring Chinese gamblers.