Crown Resorts unsuitable to hold a licence for its Crown Melbourne casino. <\/strong>However, the operator was allowed to keep its licence under stricter conditions.<\/p>\n\n\n\nJudge Raymond Finkelstein<\/strong>, who led the state of Victoria\u2019s inquiry, decided the casino operator can keep its licence through the appointment of a Special Manager<\/strong> to oversee the casino for the next two years.<\/p>\n\n\n\nStephen O\u2019Bryan QC<\/strong>, as Victoria\u2019s first Independent Broad-based Anti-Corruption Commissioner, will be appointed to the position.<\/p>\n\n\n\nThe Special Manager will have unprecedented powers to oversee Crown Resorts, veto decisions of the Board, and will have access to all areas of the casino and its books and records. <\/p>\n\n\n\n
Finkelstein said he had taken the decision because he understood that if Crown Melbourne\u2019s licence was cancelled, it would hurt the Victorian economy. The proposal has been approved by the Victorian government<\/strong>, which said Crown\u2019s licence will be cancelled unless Crown Resorts can convince the regulator it has changed. <\/p>\n\n\n\nCrown appoints Danielle Keighery as chief corporate affairs and brand officer. <\/h2>\n\n\n\n
Crown has announced the appointment of\u00a0Danielle Keighery<\/strong>\u00a0to the new role of chief corporate affairs and brand officer.<\/p>\n\n\n\nKeighery will start working for the group by 2022 and will be in charge of Crown\u2019s brand and reputation work<\/strong> across all touchpoints. Keighery will also align the company\u2019s corporate affairs, public relations, government relations, brand, sponsorship, media and all corporate communications functions under her stewardship.<\/p>\n\n\n\nAccording to a company filing, Keighery spent 16 years at Virgin Enterprises and Virgin Australia Group<\/strong> in senior executive roles across corporate affairs, brand, marketing and customer experience.<\/p>\n","protected":false},"excerpt":{"rendered":"Crown Resorts has revealed it expects to recover a significant portion of the AU$125m (US$94.3m) settlement amount from its insurers.<\/p>\n","protected":false},"author":176,"featured_media":18008,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Crown Resorts anticipates recovering a significant portion of its AU$125m shareholder class action settlement from insurers, following an agreement reached before a scheduled Federal Court hearing. Concurrently, the Victorian Royal Commission declared Crown unsuitable for a licence but allowed continued operation under a Special Manager with unprecedented oversight powers for two years. The company also appointed Danielle Keighery as Chief Corporate Affairs and Brand Officer.","focusai_entities":"Crown Resorts, Morris Blackburn, Judge Raymond Finkelstein, Stephen O\u2019Bryan QC, Victorian government, Danielle Keighery, Virgin Enterprises, Virgin Australia Group","focusai_location":"Australia, Victoria, Melbourne","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), marketing_crm (0.7), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Special Manager's Operational Impact?","query":"How will the Special Manager's 'unprecedented powers' specifically impact Crown Resorts' operational autonomy and strategic decision-making over the next two years, particularly concerning capital allocation and B2C market strategies?"},{"label":"Insurance Recovery Outlook?","query":"What is the estimated timeline and probability of Crown Resorts recovering the 'significant portion' of the AU$125m settlement from its insurers, and what are the potential financial implications for NGR and EBITDA if recovery is less than anticipated?"}],"footnotes":""},"categories":[16336,157],"tags":[14657],"class_list":["post-24324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-crown-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24324","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=24324"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24324\/revisions"}],"predecessor-version":[{"id":24331,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24324\/revisions\/24331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18008"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=24324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}