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Australia's Crown Resorts accused of 'arrogant indifference' to compliance at inquiry
SYDNEY: Casino operator Crown Resorts Ltd has been accused at an Australian regulatory inquiry of having a "culture of denial and arrogant indifference to compliance" in its dealings with junket operators.
Australia inquiry flags cancelling Crown Resorts casino licence
SYDNEY: An Australian regulatory inquiry raised the prospect of cancelling the casino licence of gambling giant Crown Resorts Ltd over alleged corporate governance failures, casting a shadow over the company weeks before a US$1.6bil resort opening.
Australia inquiry flags cancelling Crown Resorts casino licence
SYDNEY: An Australian regulatory inquiry raised the prospect on Thursday of cancelling the casino licence of gambling giant Crown Resorts Ltd over alleged corporate governance failures, casting a shadow over the company weeks before a US$1.6 billion resort opening.
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 CEO says VIP gamblers a higher risk
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
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.
