08/05/21 Crown Perth provided credit for gambling, inquiry hears Crown Perth approved credit for Australian and international gamblers despite this being prohibited under WA law.
08/04/21 Judge denies risk to jobs if Crown loses Melbourne licence Raymond Finkelstein has rejected Crown’s warning that 12,000 jobs would be at risk if the company is unable to retain its gaming licence.
08/03/21 Crown Melbourne’s chief executive resigns After heavy criticism during Victoria’s Royal Commission into Crown Resorts, Xavier Walsh has stepped down as CEO of Crown Melbourne.
08/02/21 Crown likely to make further board changes Analysts believe Crown Resorts will offer to make further changes to its board and management in an attempt to satisfy Victoria’s Royal Commission.
07/30/21 Former Crown chair gave info to Packer, inquiry hears Western Australia’s Royal Commission has heard that John Poynton, a former Crown chairman, agreed to provide confidential information to James Packer.
07/29/21 Crown Melbourne to pay AU$61m in tax penalties Crown Resorts has reported that it will make a payment to the Victorian Commission for Gambling and Liquor Regulation (VCGLR) representing an underpayment of casino tax by Crown Melbourne.
07/27/21 Crown Perth’s licence could be cancelled before end of inquiry Paul Evans, the lawyer for Western Australia’s gambling regulator, has told the state’s Royal Commission it could cancel Crown Perth’s casino licence before the end of the inquiry if necessary.
07/27/21 WA Royal Commission extends inquiry into Crown Perth The WA government has announced that Western Australia’s Royal Commission into Crown Perth will be extended until March 2022 to give commissioners more time to carry out investigations.
07/23/21 Star Entertainment withdraws offer for Crown Resorts Due to uncertainty surrounding the future of Crown Resorts’ casino licence in Melbourne, Star Entertainment Group has withdrawn its offer for the operator.
07/13/21 Crown Resorts may retain licences with conditions, analysts say J.P. Morgan believes Crown Resorts could retain its gaming licences in Sydney and Western Australia but with conditions.
07/13/21 Crown warns 12,000 jobs are at risk if it loses licence Crown Resorts sent a letter to the Victorian gaming minister saying there would be “severe consequences” if it cannot hold its licence for its second Sydney casino, the state’s Royal Commission has heard.
07/09/21 Crown’s board overruled Helen Coonan’s suggestions, inquiry hears Helen Coonan, Crown Resorts’ executive chairman, has said she was “overruled” by the casino’s board when she suggested former CEO Ken Barton resign last year.
07/07/21 Crown Resorts underpaid taxes for seven years, inquiry hears Xavier Walsh, Crown Melbourne chief executive, said the company underpaid its casino taxes for seven years, but that he only started investigating the day after Victoria’s Royal Commission into the company was announced.
07/05/21 Crown Resorts expects to post full-year net debt of US$676m Crown Resorts expects to report a net annual debt of AU$900m when it publishes its financial results on August 30.
07/03/21 Crown credit card transactions reveal possible money laundering Victoria’s Royal Commission has heard that Crown Resorts may have accepted credit card payments in exchange for gaming chips or cash at its Melbourne hotel desk venue between 2012 and 2016.
