04/17/21 James Packer agrees to reduce influence over Crown Resorts James Packer has agreed with the NSW regulator to step back from Crown Resorts to help the casino operator retain its Australian casino licences.
04/14/21 Blackstone adds conditions to Crown Resorts bid Blackstone Group Inc has added new conditions to its bid for Crown Resorts including the condition that it does not lose state casino licences.
04/13/21 Western Australia begins Royal Commission into Crown The Royal Commission will decide if Crown Resorts is suitable to continue holding a casino gaming licence for Crown Perth and will investigate Western Australia’s regulatory framework for the gambling industry.
04/08/21 James Packer is open to selling 37 per cent stake in Crown James Packer has hired investment bankers Moelis Australia to advise on any potential deal to sell his 37 per cent stake in Crown Resorts.
04/02/21 NSW regulator: Crown could regain Sydney licence this year Philip Crawford, head of the Independent Liquor and Gaming Authority (ILGA), has said the reinstatement of Crown Resorts’ licence in New South Wales was a “realistic prospect.”
03/25/21 Crown Resorts Royal Commission aims to report by August 1 Ray Finkelstein, the former judge leading the Royal Commission in Victoria, has warned he won’t tolerate delays in the investigation into Crown Melbourne.
03/25/21 Blackstone bid could help Crown keep Sydney casino licence Fitch Ratings said the Blackstone Group’s offer to buy Crown Resorts could allow it to keep its licence to run its new casino in Sydney’s Barangaroo district.
03/24/21 Blackstone makes AU$8bn offer to acquire Crown Resorts Blackstone, which already has a 10 per cent holding in the casino giant, has offered to buy all outstanding shares in Crown Resorts for AU$8bn (US$6.2bn).
03/17/21 Crown Resorts halts political donations Crown Resorts has announced that it will cease making cash or in-kind political donations as it continues its attempts to transform the company’s image and retain its Australian casino licences.
03/13/21 WA gambling regulator under scrutiny in Crown Resorts probe Western Australia’s gambling regulator will be investigated by the state’s Royal Commission after revelations of money laundering at Crown Perth.
03/09/21 Crown Resorts to phase out indoor smoking All of the operator’s Australian casino resorts will eliminate indoor smoking by the end of 2022.
03/05/21 Crown Resorts: Victoria casino licence review suspended The licence review, which usually takes place every five years, has been suspended due to an investigation in the operator.
03/05/21 Sands sells Las Vegas properties to focus on Asia Casino giant Las Vegas Sands is selling its world-famous Venetian casino for US$6.25bn to invest in its Asian businesses.
03/02/21 Another Crown Resorts director resigns John Poynton has stepped down from Crown Resorts’ board and as chairman of the company’s Burswood casino in Perth.
02/22/21 Royal Commission to probe Crown Melbourne suitability The state of Victoria has announced it will establish a Royal Commission into the Crown Melbourne casino.
