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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.

World 18 Oct 2016 | 6:38 AM

Australia's Crown Resorts 'deeply concerned' about employees detained in China

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."

Corporate News 18 Oct 2016 | 12:00 AM

Detentions at Crown Resorts spur China crackdown fears

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.

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.

World 17 Oct 2016 | 1:37 PM

China says Australians detained in Crown Resorts' case

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.

Business 17 Oct 2016 | 8:08 AM

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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.

Business 30 Aug 2016 | 12:00 AM

Australian casino billionaire sells down Crown Resorts stake below half

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.

Corporate News 28 Jun 2016 | 6:13 AM

Crown wins approval for Sydney casino aimed at Asian gamblers

SYDNEY: Australian mogul James Packer won approval on Tuesday for a towering six-star hotel and casino complex on Sydney harbour aimed at Asian high-rollers, with work expected to begin shortly.

Business 17 Jun 2016 | 12:00 AM

Australia’s Crown Resorts shares jump on break-up plan

SYDNEY: Australia’s No. 1 casino firm Crown Resorts Ltd won support from investors and analysts for a plan to split the business, reigniting speculation billionaire owner James Packer may take part of the company private.