{"id":17752,"date":"2021-05-11T16:07:48","date_gmt":"2021-05-11T16:07:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=17752"},"modified":"2026-04-23T19:40:07","modified_gmt":"2026-04-23T22:40:07","slug":"public-inquiry-to-determine-crown-and-star-merger-suitability","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/public-inquiry-to-determine-crown-and-star-merger-suitability","title":{"rendered":"Public inquiry to determine Crown and Star merger suitability"},"content":{"rendered":"\n<p>The Australian Competition and Consumer Commission (ACCC) will conduct a public review to analyse whether Crown Resorts and Star are allowed to merge.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- Following The Star Entertainment&#8217;s <strong>unsolicited non-binding offer of AU$12bn<\/strong>\u00a0<strong>(US$9.4bn)\u00a0<\/strong>to acquire\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/crown-receives-acquisition-offer-from-the-star-entertainment\">Crown Resorts<\/a>, Australian Competition and Consumer Commission (ACCC) chairman, Rod Sims has announced that a public review will be carried out to decide whether Star Entertainment would be allowed to make the acquisition.<\/p>\n\n\n\n<p>Sims noted that the potential<strong> merger would result in a casino giant\u00a0<\/strong>with operations in the main Australian states.\u00a0<\/p>\n\n\n\n<p>According to local media, Sims said: &#8220;It\u2019s very early days. But\u00a0<strong>we would look at the market for domestic table game customers<\/strong>\u00a0and we would look at the competition between Barangaroo and Star in Sydney.&#8221;<\/p>\n\n\n\n<p>For now,\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/james-packer-agrees-to-reduce-influence-over-crown-resorts\">Crown Resorts<\/a>\u2019 key shareholder\u00a0<strong>James Packer\u00a0<\/strong>has not commented on the offer from The Star Entertainment.<\/p>\n\n\n\n<p>A<strong> possible merger could present a problem for Packer<\/strong>\u00a0as he already has a stake in Star that he bought when the company was known as Echo Entertainment.<\/p>\n\n\n\n<p>Meanwhile, Blackstone has improved its own original offer for Crown Resorts from\u00a0<strong>AU$11.85 cash per share to AU$12.35<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian Competition and Consumer Commission (ACCC) will conduct a public review to analyse whether Crown Resorts and Star are allowed to merge.<\/p>\n","protected":false},"author":176,"featured_media":17768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Australian Competition and Consumer Commission (ACCC) will conduct a public review of The Star Entertainment's AU$12bn offer to acquire Crown Resorts, citing concerns over potential market concentration in key Australian states. This review will assess the competitive landscape for domestic table game customers, particularly between Barangaroo and Star in Sydney, while Blackstone has also improved its competing offer for Crown.","focusai_entities":"Australian Competition and Consumer Commission (ACCC), Crown Resorts, Star Entertainment, Rod Sims, James Packer, Blackstone, Echo Entertainment","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"ACCC Review Scope","query":"What specific criteria will the ACCC employ to assess market concentration and potential anti-competitive impacts on domestic table game customers, particularly concerning the Sydney market?"},{"label":"Competing Bid Implications","query":"How might Blackstone's improved offer for Crown Resorts influence the ACCC's review process or alter the strategic calculus for Star Entertainment's acquisition bid?"}],"footnotes":""},"categories":[16336,157,158],"tags":[14657,1295],"class_list":["post-17752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","category-slider-home","tag-crown-resorts","tag-star-entertainment"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=17752"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17752\/revisions"}],"predecessor-version":[{"id":17780,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/17752\/revisions\/17780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17768"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=17752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=17752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=17752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}