Archive

_2021-03-24
Billionaire James Packer plans to abide by the decision of Crown Resorts' board on whether to accept an A$8 billion ($6.2 billion) bid from Blackstone Group, reinforcing the company's negotiating stance.

_2021-03-22
Blackstone is unlikely to win approval from Crown Resorts’ board or shareholders with its current A$11.85 bid, J.P. Morgan analysts wrote in a note.

_2021-02-10
Heads have begun to roll at Crown Resorts, a day after a bombshell report found it was unsuitable to hold a Sydney license, with regulators warning the company will need to “blow itself up” to regain suitability.

_2021-02-03
Star Entertainment is likely to benefit from expected delays to Crown Resorts’ ability to open a casino in Sydney and its current share price presents a good buying opportunity, J.P. Morgan said in a report. 

_2020-09-29
Crown Resorts is unlikely to lose its license to run a new $2.2 billion property in Sydney following an inquiry into its suitability, J.P. Morgan says in a note.

_2020-09-25
Crown Resorts said it’s suspending junket operations until June of next year while it reviews its compliance and governance operations. 

_2019-04-02
Regulators in Massachusetts say Wynn Resorts failed to follow its own procedures when handling sexual misconduct allegations against founder and forme