11/02/21 Crown Resorts makes Covid-19 vaccine mandatory to enter its casinos Crown Resorts has confirmed that Covid-19 vaccination is now required to enter its venues in NSW and Victoria.
11/01/21 Crown Resorts hangs on to investment-grade ratings Despite Victoria’s Royal Commission declaring Crown Resorts unsuitable to hold a licence for Crown Melbourne, three credit ratings agencies have reaffirmed the casino operator’s investment-grade rating.
10/29/21 James Packer admits multiple failings in his oversight of Crown Perth James Packer has told the WA Royal Commission into Crown Resorts that he didn’t attend board meetings for almost four years and failed in his oversight of corporate governance at Crown Perth.
10/27/21 Crown Royal Commission outcome could help Star, analysts say Analysts at JP Morgan believe the Victoria Royal Commission’s decision to allow Crown Melbourne to keep its licence under stricter conditions could benefit The Star Entertainment as it also faces a licence review.
10/26/21 Crown Resorts found unsuitable to operate Crown Melbourne The casino operator will keep its licence but under strict new conditions with the appointment of a Special Manager with unprecedented powers.
10/25/21 Crown Perth failed to conduct an investigation after a gambler was arrested, inquiry hears Lonnie Bossi, Crown Perth’s CEO, told the WA Royal Commission into Crown Resorts that the casino operator didn’t investigate Daniel Petkov, a former bank manager who gambled millions in stolen funds.
10/22/21 Crown Perth gaming revenue down 9% in the last three months Crown Resorts has shared its financial results for its Perth venue at its annual general meeting.
10/21/21 Crown Resorts shareholders reject exec exit payments Crown Resorts shareholders have voted against the company’s remuneration report, opposing the casino operator for a second time.
10/14/21 Victoria Royal Commission to deliver Crown findings on Friday Victoria’s Royal Commission into Crown Resorts will share its findings with the government on Friday. A final report is expected to be released before the end of the month.
10/11/21 Star Entertainment shares fall after money laundering allegations The Australian casino firm’s shares fell dramatically after media allegations of money laundering. The company denies the accusations.
09/29/21 Crown Resorts makes further board changes Crown Resorts has named Craig Durham as group company secretary and legal counsel and Anne Ward as an independent non-executive director.
09/27/21 Crown Perth players threatened by loan sharks, inquiry hears The Financial Counselling Australia (FCA) has told the Western Australian Royal Commission into Crown Resorts that several players were approached by loan sharks they met on the casino floor.
09/24/21 Crown Perth used by organised criminals, inquiry hears Deputy Police Commissioner Col Blanch has told the WA Royal Commission that Crown Perth was used by criminal organisations to move cash through casino junkets and avoid detection from regulators.
09/22/21 Fitch keeps Crown under negative ratings watch The ratings agency has decided to maintain Crown Resorts under its Rating Watch Negative (RWN) as the company is still facing two Royal Commissions.
09/16/21 Toni Korsanos resigns as Crown Resorts director Toni Korsanos is the latest director to step down from Crown Resorts’ board. She will depart after the annual general meeting on October 21.
