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Crown casino inquiry raises Stanley Ho's criminal links as potential 'close associate'

The alleged criminal links of one-time Macau casino magnate Stanley Ho are being probed at a special inquiry into the Crown gaming empire's licence to operate a restricted casino at Barangaroo in Sydney.

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2/23/2020

article Crown Resorts executive authorises transfer to drug trafficker
(Australia) -- A Crown Resorts vice-president authorised a junior casino staff member to wire $500,000 to a Melbourne drug trafficker, while Crown withheld details of...

2/21/2020

article Melco Resorts and Entertainment Limited warns of sluggish Macau future
(Macau) -- The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long time’ for the...
article Revenues rise 3% in 4Q19 as mass market growth gives Melco positive momentum
(Macau) -- Melco Resorts & Entertainment announced total operating revenues of US$1.45 billion in the three months to 31 December 2019, a 3% increase over the prior...

2/20/2020

article Melco open to offloading Crown Resorts stake
(Australia) -- Lawrence Ho’s Melco Resorts has signalled it could make a full retreat from Australian casino group Crown Resorts by selling the 10 per cent stake...
article Melco Resorts expecting some “loss-making days” in its Macau casinos, flags six-month recovery period
(Macau) -- Melco Resorts & Entertainment has warned that it could experience some loss-making days at its Macau properties while the Coronavirus continues to depress...

2/18/2020

article Australia's Crown says Chinese VIP slump hit profit, coronavirus impact looms
(Australia) -- Australian casino operator Crown Resorts Ltd said on Wednesday a slump in gambling turnover from Chinese high rollers dragged down half-yearly profit, and...
article Crown Resorts sees high-roller turnover dive in 'junket' fallout
(Australia) -- Crown Resorts has blamed a 34 per cent dive in high-roller turnover on weak market conditions and "negative publicity" stemming from revelations...

2/16/2020

article New chief Jaala Hinchcliff takes over probe into alleged corruption at Crown
(Australia) -- A stalled federal investigation into the relationship between James Packer’s Crown Resorts and Peter Dutton’s Department of Home Affairs is...

2/10/2020

article Fast tracks and bulk deals: How Crown got visas for its high rollers
(Australia) -- Crown casino's "special arrangement" with the Australian government gave Chinese high rollers access to fast-tracked Australian visas and...

2/7/2020

article Crown casino's 'Mr Chinatown' arrested and deported to China
(China) -- The Crown casino high-roller and junket partner known as “Mr Chinatown” - who is also a business partner of the Chinese president’s nephew...

2/6/2020

article Crown transaction first deal to fall victim to coronavirus
(Australia) -- Casino group Melco Resorts and Entertainment has abandoned plans to raise its stake in Australian rival Crown Resorts, in the first instance of dealmaking...
article Melco abandons bid for 20% of Crown Resorts due to coronavirus outbreak
(Australia) -- Melco Resorts, the casino group controlled by the Hong Kong magnate Lawrence Ho, says it has abandoned its plans to buy shares in James Packer’s...
article Melco retreat could put Crown back in play
(Australia) -- Casino giant Crown Resorts could be back in play as a takeover target, investors say, after Lawrence Ho's Melco Resorts tore up a deal with James...
article OP/ED: City of crushed Dreams: Don't bet on buyers lining up for Crown
(Australia) -- It’s way too premature for investors to punt on Crown Resorts being 'in play' after Lawrence Ho's Melco pulled its plans to build a...

2/5/2020

article Crown probe 'exceeding powers' to demand evidence: Melco
(Australia) -- International gambling giant Melco has accused the gaming regulator of overstepping its powers by ordering witnesses in the Crown casino inquiry to hand...

2/3/2020

article Dinner by Heston at Melbourne's Crown Casino underpaid staff by more than $4 million
(Australia) -- Dinner by Heston, which operates out of Melbourne's Crown Resort, charged up to $295 per head its "immersive experience" degustation meals.
article Exclusive restaurant fronted by MasterChef regular Heston Blumenthal owes its employees at least $4MILLION in biggest underpayment scandal to rock the industry
(Australia) -- A high-end restaurant fronted by MasterChef regular Heston Blumenthal owes its staff more than $4million after years of under paying them. Dinner by...

1/27/2020

article Crown Resorts chairman leaves post amid casino inquiry by New South Wales government
(Australia) -- Following much shareholder pressure and days after the Australian state’s government inquiry into the casino giant began, Crown Resorts announced...

1/26/2020

article John Alexander steps down as Executive Chairman of Crown Resorts as senior leadership team overhauled
(Australia) -- Crown Resorts Executive Chairman John Alexander has stepped down from the role amid a major reshuffle of the company’s senior executive team.

1/25/2020

article Casino group connected to Crown deal embroiled in bribery probe
(Australia) -- A Macau casino operator vying for half of James Packer’s stake in Crown casinos has become embroiled in a political bribery investigation in Japan....
article Crown Resorts chairman replaced in management shakeup
(Australia) -- Crown Resorts replaced its chairman in a management shakeup after allegations linking the casino operator to criminal gangs and drug traffickers prompted...

1/24/2020

article Crown Resorts Chairman Replaced in Management Shakeup
(Australia) -- Crown Resorts Ltd. replaced its chairman in a management shakeup after allegations linking the casino operator to criminal gangs and drug traffickers...

1/23/2020

article Crane smashes into James Packer's $2.4billion casino in Barangaroo
(Australia) -- An unattended crane repeatedly smashed into James Packer's $2.4billion casino on Sydney Harbour as intense winds smashed the city. Construction...

1/22/2020

article Lawrence Ho, James Packer to appear in casino inquisition
(Australia) -- Local casino operator Lawrence Ho and his ex-business partner, Australian James Packer, have been subpoenaed by an Australian court to be witnesses in a...

1/21/2020

article Casino inquiry to hear from Packer and Ho
(Australia) -- James Packer and Hong Kong billionaire Lawrence Ho will give evidence to a public inquiry into whether Crown Resorts is fit to hold a gaming licence in...
article Crown Resorts: shareholders' lawyers lose bid to overturn secrecy provisions
(Australia) -- Lawyers acting for shareholders in a class action against James Packer’s embattled casino empire, Crown Resorts, have lost a bid to crack open...

1/20/2020

article Crown casino inquiry raises Stanley Ho's criminal links as potential 'close associate'
(Australia) -- The alleged criminal links of one-time Macau casino magnate Stanley Ho are being probed at a special inquiry into the Crown gaming empire's licence to...
article Crown inquiry could scupper James Packer's $1.7bn deal
(Australia) -- James Packer is set to be thrust into the spotlight as an inquiry is launched today into the billionaire's proposal to sell 20 per cent of the Crown...
article James Packer to give evidence at inquiry into proposed $1.76b Crown casino deal
(Australia) -- James Packer will be called to give evidence at an inquiry into the proposed sale of his $1.76 billion stake in Crown Resorts to a Hong Kong based casino...

1/19/2020

article Stakes are high ahead of Crown casino probe
(Australia) -- Former NSW Supreme Court judge Paddy Bergin will kick off the high-stakes NSW inquiry into Crown Resorts’ casino operations on Tuesday, finally revealing...

1/9/2020

article Top Packer lieutenants in Crown inquiry spotlight
(Australia) -- Long-standing Packer family lieutenants Guy Jalland and Michael Johnston are expected to be in the spotlight when a powerful inquiry into Crown Resorts...

1/8/2020

article Crown Resorts says Sydney casino to open by Christmas 2020
(Australia) -- Australian casino operator Crown Resorts will open its new Sydney VIP gaming venue ahead of schedule, according to company founder James Packer. On...

1/6/2020

article Packer under pressure as clock ticks down to high-stakes Crown inquiry
(Australia) -- Fired up by last year’s explosive legal moves on Westpac, the nation's anti-money-laundering regulator, AUSTRAC, is said to be sharpening its...
article Packers, Crown donate extra $4 million for bushfire relief efforts
(Australia) -- Gaming billionaire James Packer's family and his casino company Crown Resorts have donated an extra $4 million to bushfire relief charities, on top of...

12/4/2019

article Government keeping report into wombat shooting hidden
(Australia) -- Victoria won't act on a secret report sparked by revelations Chinese high rollers at Crown Casino were shooting wombats until sometime next year....

11/25/2019

article CoD Mediterranean fit-out from next year: promoter
(Cyprus) -- The main contractor on the City of Dreams (CoD) Mediterranean casino resort being developed in the Republic of Cyprus “aims to deliver the building structure...

11/1/2019

article Strike cancelled at Melbourne’s Crown Casino
(Australia) -- Employees have called off their strike at Melbourne’s Crown Casino after receiving a new offer from the operator. Members of United Voice had...

10/31/2019

article Melco in regulatory limbo as clock ticks on Crown sale
(Australia) -- James Packer's private holding company is rapidly approaching the sunset date for the $1.76 billion sale of its shares in Crown Resorts as local...

10/28/2019

article Holes in Australian gambling regulation unearthed by the Crown allegations
(Australia) -- When it comes to gambling, Australia is among the biggest gambling lovers in the world. With pokies, sports betting, lotteries, and other forms of...

10/27/2019

article Crown Casino to be hit with Friday night strike
(Australia) -- Bartenders and card dealers at Melbourne's Crown Casino will walk off the job for two hours this Friday night, in the first of a series of industrial...
article Crown Resorts grilling delayed, more witnesses come forward
(Australia) -- A public examination of potential corrupt conduct involving casino giant Crown Resorts and the Department of Home Affairs has been put on hold after the...

10/26/2019

article “It’s so highly irresponsible”: Crown lays out closing arguments at fraud trial
(Australia) -- The words irresponsible, unreasonable and dishonest were mentioned multiple times Friday during a hearing at Prince Albert Court of Queen’s Bench,...

10/25/2019

article Crown's boss batted away corruption questions at the AGM, but tougher cross-examination is coming
(Australia) -- Attending annual general meetings (AGMs) is an important part of my job. I meet directors, talk to shareholders and get a run-through of the company's...

10/23/2019

article Crown Resorts chief John Alexander attacks activists for exposing 'unproven' casino scandals
(Australia) -- The head of Australia's largest gambling group has blamed activists with an "anti-Crown agenda" for exposing scandals about money laundering...

10/22/2019

article Home Affairs, Crown Resorts face unprecedented probe over VIP visas
(Australia) -- The federal law enforcement watchdog has taken the unprecedented step of launching public hearings next week as it escalates its investigation into...
article Senior federal officials called before Crown casino corruption probe
(Australia) -- Senior officials at the Australian Border Force and Department of Home Affairs are among witnesses called to public hearings launched by the federal law...

10/19/2019

article Crown Resorts In Deep Water Once Again
(Australia) -- After recently becoming the focus of a money-laundering probe Australia’s Crown Resorts is once again in the news. Two Crown-branded casinos allowed...

10/17/2019

article Crown casinos hosted alleged former arms dealer with links to Liberian war criminal despite UN sanctions
(Australia) -- A businessman banned from travel by the United Nations, because he provided military and financial support to Liberian war criminal Charles Taylor,...

10/15/2019

article Calls for Crown casino inquiry after leaked video of bricks of cash in junket room
(Australia) -- Video footage showing dozens of “bricks” of $50 and $100 notes – hundreds of thousands of dollars worth – being casually handed...
article Whistleblower alleges Crown casino being used to launder money – video
(Australia) -- CCTV from Melbourne's Crown Casino shows men casually handing over shopping bags filled with wads of cash to casino staff. The footage has been leaked...

10/14/2019

article Calls for Crown casino inquiry after leaked video of bricks of cash in junket room
(Australia) -- Video footage showing dozens of “bricks” of $50 and $100 notes – hundreds of thousands of dollars worth – being casually handed...
article Crown Casino whistleblower alleges gambling giant skirting money-laundering laws
(Australia) -- In a private room in Melbourne's Crown Casino, a man wearing tracksuit pants and runners approaches a counter with a rectangular blue cooler bag.

10/7/2019

article Melco Resorts celebrates women with Best Mom Award ceremony
(Macau) -- Melco Resorts & Entertainment Limited and the Women’s General Association of Macau recently co-hosted the Best Mom Award Ceremony at City of Dreams.

9/18/2019

article Melco to focus on Yokohama
(Japan) -- Melco Resorts has announced that it will focus its Japan IR campaign on Yokohama and that it was suspending its participation in bidding for the Osaka...

9/12/2019

article Crown Resorts Limited Under Investigation by the New South Wales Regulator
(Australia) -- As revealed recently, one of the biggest Australia-based entertainment and gaming groups Crown Resorts is under investigation by the New South Wales...

9/10/2019

article Crown casino case shows federal Icac model 'inadequate', former judge says
(Australia) -- The integrity watchdog overseeing the home affairs department is “inadequate” to deal with the allegations against Crown casino, a former...

9/3/2019

article Star casino partner has close ties to banned businessman
(Australia) -- A significant shareholder in Australian casino heavyweight Star Group has strong links to a Hong Kong businessman banned from any involvement in rival...

8/30/2019

article China Expels Journalist After Report On Xi Jinping's Family
(China) -- China effectively expelled a Wall Street Journal reporter from the country, one month after the newspaper published a report detailing allegations that a...

8/29/2019

article Australia's James Packer pauses Crown selldown over China probe
(Australia) -- AUSTRALIAN businessman James Packer has frozen a A$1.2 billion (S$1.1 billion) partial sale of his casino company to Hong Kong's Melco Resorts &...
article Crown Resorts faces inquiry over fitness to hold Sydney casino licence
(Australia) -- Gambling authorities in Australia have ordered a public inquiry to review whether Crown Resorts should be allowed to retain its licence to operate a A$2bn...
article James Packer's $1.78b Barangaroo deal with Chinese casino operator stalls
(Australia) -- An investigation with the powers of a royal commission has made Chinese gambling giant Melco wary of going ahead with a 19.9 per cent acquisition of James...

8/28/2019

article James Packer's Crown Resorts stake sale hits regulatory roadblock
(Australia) -- Australia’s Crown Resorts (CWN.AX) on Thursday said it had been informed that a planned $1.2 billion stake sale by casino mogul James Packer to...
article Crown fallout: Melco puts plans to buy James Packer's shares on hold
(Australia) -- Hong Kong casino tycoon Lawrence Ho's Melco Resorts will delay buying more shares in Crown Resorts from James Packer worth $880 million until after...
article Crown Resorts: inquiry to examine whether James Packer's casino group fit to hold licence
(Australia) -- A public inquiry into allegations of wrongdoing at casinos run by Crown Resorts will decide whether the James Packer-dominated group is fit to hold a...

8/22/2019

article Crown Resorts tipped to suffer further VIP revenue declines
(Australia) -- Crown Resorts is expected to suffer a further collapse in high-roller turnover this year, with analysts concerned the decline in VIP revenue could...

8/21/2019

article Crown signals retreat from tour partners after 'junkets' scandal
(Australia) -- Australian casino giant, Crown Resorts, has signalled it may reduce its reliance on Chinese "junket" operators as multiple investigations begin...

8/20/2019

article Profits fall at casino operator Crown on VIP slowdown
(Australia) -- Australian casino operator Crown Resorts has reported a fall in its annual profits on the back of a slump in spending by VIP gamblers, in what has been a...

8/18/2019

article Crown inquiry should be broadened says independent MP
(Australia) -- An inquiry into James Packer's proposed sale of $1.76 billion of his Crown shares to Melco Resorts should be broadened to include an examination of...

8/16/2019

article Suncity to shut its Australian casino high-roller rooms after reports of crime links
(Australia) -- The world's biggest recruiter of high-roller Chinese gamblers, Suncity, is dramatically scaling back its Australian operations after revelations of...

8/12/2019

article Crown and Lawrence Ho face a perfect storm
(Australia) -- Politicians hate investigations of all kinds, so when the NSW Independent Liquor and Gaming Authority last Thursday announced an inquiry into Lawrence Ho...
article Vic crossbench MP calls for Crown probe
(Australia) -- Victorian upper house crossbench MP Fiona Patten wants a parliamentary inquiry into Crown Casino after allegations of money laundering and other dodgy...

8/11/2019

article Crown investor associated with company on casino's banned list
(Australia) -- Lawrence Ho, the Hong Kong gambling tycoon acquiring $1.76 billion worth of Crown shares from James Packer, was a long term director of a company banned...

8/9/2019

article Crown Resorts: Packer's casino group foots bill as 'special relationship' in spotlight
(Australia) -- On Sydney’s harbour, down by the southern end of the city’s famous bridge, James Packer’s dream is thrusting itself into the sky. The...
article Melco says no truck with Stanley Ho, as Australia probes $1.2 bln Crown deal
(Australia) -- Melco Resorts & Entertainment said on Friday its CEO's father, who had been investigated by Australian authorities, was not involved in its...

8/8/2019

article Crown Resorts Shares Fall on Inquiry Into Stake Sale to Hong Kong Group
(Australia) -- Shares in Crown Resorts Ltd. (CWN.AU) fell Friday morning as investors reacted to a new inquiry by New South Wales authorities into the sale of a stake in...
article Crown to cooperate in probe into Melco’s stake deal
(Australia) -- Australian casino operator Crown Resorts Ltd confirmed on Thursday that it had been notified by the gaming regulator in the state of New South Wales that...
article NSW regulators announce official inquiry into Melco Resorts acquisition of Crown Resorts stake
(Australia) -- The NSW Independent Liquor & Gaming Authority has announced that it will conduct an official inquiry into the proposed sale of shares in Crown Resorts...
article NSW watchdog to probe Packer's sale of Crown shares
(Australia) -- On 31 May, James Packer's CPH Crown Holdings sold $1.76 billion worth of shares in Crown Resorts (ASX: CWN) to Hong Kong-based casino operator Melco...
article Three separate governments investigating Crown Casino
(Australia) -- Anti-gambling activists say they're impressed by a move from the New South Wales Government to launch a powerful inquiry into Crown Casino.

8/6/2019

article Ben Simmons doubles down on Crown Casino allegations in defiant tweet
(Australia) -- NBA star Ben Simmons is refusing to back away from claims he was racially profiled by a Crown Casino security guard in an alleged incident that has...

8/5/2019

article Crown Resorts probed over alleged criminals’ use of accounts
(Australia) -- Try as they might, Australian casino operator Crown Resorts just can’t seem to buy a break from the tsunami of negative press that shows no sign of...
article Crown's China troubles upset Melco's grand gamble
(Australia) -- Crown Resort's troubles in China could throw Melco's game. Fresh allegations around the $5 billion Australian casino group's dealings with...

8/4/2019

article ANALYSIS: Crown’s web of influence runs deep
(Australia) -- When my publican grandfather ran a bookmaking service at his Ballarat pub in the 1950s, he’d leave out a £10 note each week for the police to...
article This Casino Made a Bad Bet on High-Rollers
(Australia) -- The biggest casino company in the world’s most gambling-mad country has just endured a dreadful week. It’s about to get a whole lot worse....

8/3/2019

article Labor defends opposition of investigation into Crown Casino controversy
(Australia) -- Opposition Leader Anthony Albanese has defended Labor's opposition to a parliamentary inquiry into allegations federal ministers interfered in visa...
article Rudd declares he is 'delighted' by investigation into Crown casino
(Australia) -- The former prime minister Kevin Rudd has said he is “delighted” that allegations about the operations of Crown casino revealed by an...

8/2/2019

article 'This is new territory': Australia's powerful Crown casino faces scrutiny like never before
(Australia) -- It is an action of last resort when handling an extreme corporate public relations crisis: if your world is exploding around your ears take out a full-...
article Australian Gambling Giant Denies Links to Organized Crime
(Australia) -- Australian gambling giant hits back at 'deceitful' allegations of links to organized crime, human trafficking and money laundering. A television...
article Australian media accuses Crown Resorts of being used by triads for money laundering
(Australia) -- A joint report by Australian media The Age, The Sydney Morning Herald and 60 Minutes alleged that a Chinese criminal syndicate known as ‘The Company...
article Crown board of directors calls Australian media reports ‘deceitful campaign’
(Australia) -- The Board of Directors of Australian gaming operator Crown Resorts has issued an official message to MNA in which it looks to set the ‘record...
article 'Threatening people by force': Another Crown junket operator falls foul of the law
(Australia) -- Another key junket partner in casino giant Crown Resorts’ high-stakes Chinese gambling business allegedly led a violent organised crime racket...

8/1/2019

article Crown Casino is facing political inquiries, share price falls and probes. Here's what it all means
(Australia) -- Crown Casino has moved to defend itself as it faces further probes by regulators, the threat of a political inquiry and a hit to its share price. It...
article The Gambling Investigation Scrutinizing Xi Jinping’s High-Rolling Cousin
(Australia) -- When Australian federal agents searched a private jet with high-stakes gamblers at a coastal resort airport in 2016, they were seeking proof of...
article Xi cousin embroiled in Australian casino money laundering probe
(Australia) -- A cousin of Chinese President Xi Jinping is on the radar of investigators probing possible Chinese money laundering through Australian casinos, U.S. and...

7/31/2019

article Crown Resorts hits back at “deceitful” 60 Minutes report
(Australia) -- Australian casino operator Crown Resorts is pushing back against “a deceitful campaign” by local media alleging sketchy dealings involving the...
article Crown casino yet to fix money laundering risks and presence of alleged criminals, documents reveal
(Australia) -- Besieged gaming empire Crown Resorts has yet to satisfy the Victorian gambling regulator it has fixed nine serious problems at its flagship Melbourne...

7/30/2019

article China's alleged influence agent Huang Xiangmo was a Crown high roller
(Australia) -- Huang Xiangmo, the political donor ASIO expelled from Australia over his foreign influence activities, was an $800 million-a-year Crown casino high roller...
article Australia orders probe on allegations of special treatment for Chinese gamblers at Crown Resorts casino
(Australia) -- Canberra on Tuesday ordered an inquiry into allegations that police, customs and immigration officials illegally smoothed the way for a prominent casino...
article Australia to Probe Claims Chinese Gamblers' Visas Were Fast-Tracked for Crown Resorts
(Australia) -- Australia has ordered an investigation into allegations immigration officials gave casino operator Crown Resorts preferential treatment by fast-tracking...
article Crown cites ”robust process” for junket vetting as government calls for parliamentary inquiry
(Australia) -- Under-fire Australian casino operator Crown Resorts Ltd has responded to criticism of its involvement with Asian-based junket operators, insisting it has...
article Integrity investigation ordered into Government and Crown Casino handing of foreign visitors
(Australia) -- Commonwealth authorities and Crown Casino will face an integrity investigation amid allegations about efforts to lure Chinese gamblers to Australia. Crown...
article Chinese president’s cousin may be connected to organized crime, money laundering
(Australia) -- Australian law-enforcement and intelligence agencies are scrutinizing the activities of one of Chinese President Xi Jinping’s cousins as part of...

7/29/2019

article Australia Casino Giant's Shares Fall After Reports Asian Gangs Laundered Cash
(Australia) -- Crown Resorts Ltd. may be investigated by Australia’s parliament after reports that an Asian crime syndicate allegedly laundered money through the...
article Australia investigates fast-track visas for Chinese gamblers
(Australia) -- Australia’s government has ordered an investigation into whether immigration authorities provided preferential treatment to the country’s...
article Crown Resorts Probed After Money Laundering, Visa Claims
(Australia) -- Crown Resorts Ltd. and Australian officials will be investigated after allegations of money laundering at the firm’s casinos and the fast-tracking...
article Former gaming minister demands Crown investigation over crime link claims
(Australia) -- A former Victorian gaming minister has demanded the state’s gambling regulator investigate allegations aired by Nine against the operator of...
article Politicians call for parliamentary inquiry into Australia’s Crown Resorts
(Australia) -- A number of Australian politicians have called for an inquiry into Crown Resorts following allegations published by three media outlets over the weekend...

7/28/2019

article Andrew Wilkie calls for parliamentary inquiry into Crown Resorts
(Australia) -- Crown Resorts is facing calls for a federal parliamentary inquiry after days of revelations about its flagship Melbourne casino and payments to a brothel...
article Crown's unsavoury business links: how Australia's casino got tied up with criminals
(Australia) -- On August 17, 2016, federal police received a security alert about a man preparing to board a luxury private jet idling on a runway at Coolangatta airport...
article Crown Resorts rejects 60 Minutes allegations of criminality
(Australia) -- Australian casino operator Crown Resorts is defending itself against a major media investigation into its historical dealings with Chinese VIP gamblers....
article Viewers savage 60 Minutes investigation on Crown casinos
(Australia) -- Channel 9 had built it up as a story that would “rock the foundations of Australia”, but a 60 Minutes investigation into Crown casinos left...
article Xi Jinping's cousin a high roller as Crown comes under pressure over crime, influence
(Australia) -- A cousin of Chinese President Xi Jinping was aboard a private jet for high-roller gamblers when it was searched by federal agents on the Gold Coast in...
article EDITORIAL: Keep black cash out of Australia's casinos
(Australia) -- Because casinos are a potential way for criminals to launder cash, Australia’s state and federal governments are supposed to regulate them tightly....

7/26/2019

article 60 Minutes Australia: Much-hyped story revealed as ‘Crown Unmasked’
(Australia) -- The bombshell 60 Minutes story which Channel 9 has been teasing all week has been revealed. In a promo released a few days ago, 60 Minutes said Sunday...
article Crown casino's links to Asian organised crime exposed
(Australia) -- Casino and hotel operator Crown Resorts went into business with tour operators backed by Asia’s most powerful organised crime syndicates as part of...
article Ex-Crown employee breaks silence on what really happened during Chinese police raids, arrests
(Australia) -- A former employee of Australian gambling giant Crown Resorts is risking her personal safety to reveal what really happened to her and 18 Crown colleagues...
article Gangsters, gamblers and Crown casino: How it all went wrong
(Australia) -- Jenny Jiang's world was turned upside down when the Crown employee was arrested and jailed for breaking Chinese gambling law. But even she didn't...

7/5/2019

article Nearly million visits to Melco Cyprus casinos in first year
(Cyprus) -- Just under a million guest visits have been recorded at the monopoly Cyprus casino operation that began a year ago this month, said the operator Melco...

6/16/2019

article Sale of Aussie gaming stake sparks concern
(Australia) -- Australian gaming tycoon James Packer is one of the nation's richest people but has experienced a turbulent few years, which included his candidly...

6/14/2019

article Melco shareholders approve final dividend for 2018
(Australia) -- Melco International shareholders have decided that a little extra boost is due from the company’s performance last year. They approved a final...

6/10/2019

article Ho: Heir Apparent to Packer? (sub req)
(Macau) -- Lawrence Ho, the chairman and CEO of Melco Resorts & Entertainment, which now owns almost 20 percent of Crown Resorts, may be planning to buy an ownership...

6/7/2019

article Melco’s Lawrence Ho welcomes Australian scrutiny over Crown deal
(Australia) -- To Australia gaming regulators wanting to delve deep into the background of Melco Resorts Chairman and CEO Lawrence Ho, he says, “bring it.”...
article Crown has a new king – but regulators may get in the way of deal
(Australia) -- James Packer’s decision to sell 19.9% of his Australian gaming empire, Crown Resorts, to his former Macau business partner faces a labyrinth of...

6/6/2019

article Melco takes first bite of Crown as probity process starts rolling
(Australia) -- Lawrence Ho’s purchase of his first tranche of shares in Crown Resorts will fire the starting pistol for what looms as a lengthy probity approval...

6/4/2019

article Melco leverage manageable post Crown deal: Lawrence Ho
(Macau) -- Melco Resorts and Entertainment Ltd will still have a “manageable” leverage ratio following its 19.99-percent stake acquisition in Australian...

6/3/2019

article Australian probity checks into Melco’s Lawrence Ho could take more than a year after Crown acquisition
(Macau) -- Probity checks by Australian regulators into new Crown Resorts shareholder Melco Resorts & Entertainment and specifically its Chairman and CEO Lawrence Ho...

6/2/2019

article Former casino watchdog backs fresh Ho probe
(Australia) -- The former regulator who rubber-stamped a Sydney casino licence for Crown Resorts says a fresh probity check of new shareholder Lawrence Ho is warranted,...
article Packer's private company pays big dividends
(Australia) -- Just days after James Packer announced the sale of nearly half of his Crown shares to Lawrence Ho’s Melco Resorts, new accounts for the casino mogul...

6/1/2019

article The sons also rise: Macau casino tycoon on his long bond with Packer as he swoops in for Crown stake
(Australia) -- When Lawrence Ho met James Packer in Los Angeles in February, securing a foothold in the Crown casino empire never crossed his mind. The 42-year-old Macau...

5/31/2019

article Australian Billionaire James Packer’s Fortune To Fall After Deal To Sell Part of Crown Casino
(Australia) -- Australian casino mogul James Packer agreed to sell nearly 50% of his remaining stake in Crown Resorts Limited to Macau billionaire Lawrence Ho’s...
article Packer's shock Crown sale triggers fresh casino reviews
(Australia) -- James Packer's shock decision to offload half of his shares in Crown Resorts to Hong Kong-based gambling giant Melco for $1.8 billion will trigger...

5/30/2019

article Australia's Crown Resorts shares drop as stake sale to Melco dampens buyout hope
(Australia) -- Australian casino giant Crown Resorts Ltd saw its shares tumble on Friday, after a surprise $1.2 billion selldown by founder James Packer to Hong Kong...
article Crown shares fall after James Packer sells 20% stake
(Australia) -- Casino mogul James Packer has sold half his shares in Crown Resorts for A$1.76bn ($1.2bn), continuing the phased withdrawal from public life of a family...
article Crown's new prince: Meet Lawrence Ho, the controversial new force in Australian gambling
(Australia) -- There's a new force in Australian gambling. But Lawrence Ho is no stranger to those in the casino industry, nor to the regulators charged with keeping...
article Packer's sale of $1.76b stake in Crown Resorts puts spotlight on Barangaroo pledge
(Australia) -- Billionaire James Packer has sold almost half of his stake in casino giant Crown Resorts for $1.76 billion in a deal that is set to spark questions about...
article Casino operator Melco to buy 20% of Crown Resorts from billionaire Packer
(Hong Kong) -- Melco Resorts & Entertainment will buy a 20% stake in Australia’s Crown Resorts from casino mogul James Packer for A$1.76 billion ($1.22 billion...

5/17/2019

article Melco expects Japan spend 50:50 with local partner: CFO
(Japan) -- Although casino entrepreneur Lawrence Ho Yau Lung of Melco Resorts and Entertainment Ltd anticipates the total cost of a Japan casino resort to be more than...

4/18/2019

article Wynn Deal for Crown Resorts May Not Be as Dead as It Looks
(Australia) -- Australian casino operator Crown Resorts angered Wynn Resorts by prematurely revealing the two were in acquisition talks, causing Wynn to walk away from...

4/14/2019

article Australian billionaire dynasty confronts the end of an empire
(Australia) -- The Packer dynasty has sat astride corporate Australia for a century, forging newspaper, television and casino dominions with the power to make and break...
article Christopher Niesche: James Packer's now ready to hand over the Crown
(Australia) -- If James Packer succeeds in selling his casino business — as looks likely — it will seemingly end more than a century of the Packer family...

4/11/2019

article An Australian Billionaire Dynasty Confronts the End of an Empire
(Australia) -- The Packer dynasty has sat astride corporate Australia for a century, forging newspaper, television and casino dominions with the power to make and break...
article Casino bidding war looms for Crown after Wynn backs away
(Australia) -- FORCED to anchor in licensed clusters in Las Vegas and Macau, the world's biggest casino operators rarely get a free shot at expansion.

4/10/2019

article Casino Bidding War Looms for Crown After Wynn Backs Away
(Australia) -- Forced to anchor in licensed clusters in Las Vegas and Macau, the world’s biggest casino operators rarely get a free shot at expansion. That’s...
article Wynn Resorts Craps Out on Crown Resorts, but Will It Return to the Table?
(Wall Street) -- It's a deal that was over almost as soon as it began. Wynn Resorts Ltd. aborted talks to acquire Australia's largest casino operator, Crown...

4/9/2019

article Crown dives after Wynn ends buyout talks
(Australia) -- James Packer's Crown Resorts suffered a share price plunge on Wednesday after Las Vegas suitor Wynn Resorts ''terminated'' talks with Australia's biggest...
article Crown Resorts shares plunge as $10 billion takeover talks collapse
(Australia) -- Shares in the James Packer-controlled Crown Resorts have plummeted after a Las Vegas gaming giant pulled the plug on a potential $10 billion takeover...

4/8/2019

article Big Wynn? Vegas giant makes $7.1 billion play for Australia's Crown
(Australia) -- World No. 2 casino operator Wynn Resorts made a A$10 billion ($7.1 billion) takeover approach for Australia’s Crown Resorts, the target company said...
article Crown Resorts talking about takeover offer from Vegas' Wynn
(Australia) -- Las Vegas casino giant Wynn Resorts is in talks to buy Australia's largest casino operator, Crown Resorts. Crown, which owns casinos in Melbourne,...
article Las Vegas giant Wynn makes play for Crown; UBS, Goldman on defence
(Australia) -- Australia's biggest casinos company Crown Resorts has come into the crosshairs of Las Vegas giant and one-time business ally, Wynn Resorts. Street...
article Melco new satellite casino in Ayia Napa by summer
(Cyprus) -- A new satellite casino in Ayia Napa, Cyprus, as permitted under a gaming licence awarded to a consortium including Melco International Development Ltd, is...

3/31/2019

article Melco Int 2018 profit up despite revenue dip
(Macau) -- Global casino investor Melco International Development Ltd says profit attributable to shareholders rose by 10.2 percent year-on-year, to nearly HKD522.6...

3/26/2019

article Crown Casino banned from handing out plastic picks to allow continuous play on poker machines
(Australia) -- Melbourne's Crown Casino has been banned from handing out special plastic picks used by punters to bypass poker machine rules because their use...

3/13/2019

article Cheating scandal casts dark shadow over Melco’s Cyprus casino
(Cyprus) -- The Greek philosopher Sophocles is quoted as saying, “I would prefer even to fail with honor than win by cheating.” That doesn’t appear to...

3/3/2019

article Crown to expand casino 'oversight' after probe slams gambling risks
(Australia) -- James Packer's Crown Resorts is proposing to make its directors more responsible for oversight at its flagship Melbourne casino after a state...

2/24/2019

article Fresh doubts cloud Packer's Crown Sydney as Chinese punters pull back
(Australia) -- A sharp pullback in spending by super-rich Chinese gamblers in Australia makes the business case "less attractive" for James Packer's new...

2/21/2019

article Melco Resorts Q4 Income Surges 58 Percent, CEO Lawrence Ho Optimistic on Macau Mass Market
(Macau) -- Melco Resorts enjoyed a prosperous final quarter to 2018, as operating income ballooned by 58 percent. Net revenue for the final three months of the year...

1/31/2019

article Melco Resorts announces pay hike to staff, effective April
(Macau) -- Asian casino operator Melco Resorts and Entertainment Ltd announced on Thursday a salary increase for eligible non-management employees. The firm was the...

1/23/2019

article Melco boss dreams more Studio City tables, Elēkrŏn previews
(Macau) -- The decision to withdraw VIP gambling from Macau’s Studio City casino resort with effect from 2020 was about managing the “precious resource...

1/7/2019

article Cyprus construction tender results this month: Melco
(Cyprus) -- Hong Kong-listed casino investor Melco International Development Ltd says it expects to have the results of the tender for construction of its new casino...

1/3/2019

article Casino sector heading for shake-up with Packer's Crown Sydney
(Australia) -- The general market consensus is that Crown will put approximately 125 VIP gaming tables in its Barangaroo casino. If each table can generate $2 million,...

1/1/2019

article Casino sector heading for shake-up with Packer's Crown Sydney
(Australia) -- Whether the opening of James Packer’s new casino in Sydney can tip the scales in the battle with rival The Star to lure cashed-up Asian visitors is...

12/27/2018

article Melco group opens new satellite casino in Cyprus
(Cyprus) -- Cyprus Casinos, led by Asian gaming entrepreneur Lawrence Ho Yau Lung, opened on Friday a third casino – described as a “satellite” to the...

12/17/2018

article Packer wins casino ‘sight lines’ battle
(Australia) -- High rollers at the planned ultra-luxury resort casino intended for the Barangaroo site in Sydney, Australia, will get their spectacular view. This comes...

12/10/2018

article Melco suspends Philippine Stock Exchange trading after public holding falls to just 2.1%
(Philippines) -- Melco Resorts and Entertainment (Philippines) has suspended trading on the Philippine Stock Exchange (PSE) following completion on Monday of the...

11/18/2018

article Crown share plunge slices James Packer's wealth by $800m-plus
(Australia) -- It's a share price rout that has cut more than $824 million from the wealth of one of the nation's richest men, James Packer. Crown Resorts stock has...

11/1/2018

article Melco International To Back $630 Million Casino Resort Project In Cyprus
(Cyprus) -- Cyprus is gearing up for the addition of a $630 million casino resort project, according to a report by Forbes. Backed by Hong Kong giant Melco Resorts...

10/19/2018

article VIDEO: Breakingviews TV: Casino chips
(Macau) -- The solid market debut of Macau’s Studio City resort belies bigger problems in the Asian gambling hub. Katrina Hamlin and Jeffrey Goldfarb discuss how...

10/3/2018

press release Melco recognized as a top brand at the world’s top destination by ‘Forbes Travel Guide 2018 Most Luxurious Hotels/Spas’
(Macau) -- Melco Resorts & Entertainment Limited (“Melco”) is pleased to announce that it has attained the second highest number of entries for any...

9/28/2018

article Melco Resorts launches fleet of 20 electric buses
(Macau) -- Melco Resorts & Entertainment has launched Macau’s largest fleet of zero-emission electric buses, with 20 buses put into service in collaboration...
article Melco’s temporary Cyprus casino ‘exceeding expectations’
(Cyprus) -- Melco International Development’s temporary Cyprus casino has more than achieved the company’s visitation goals in its first three months of...

9/27/2018

article Crown punters leave $2m at casino
(Australia) -- Almost $2 million in unclaimed prize money has gone begging from punters who have had a win on the tables at Crown Perth, according to the State’s...
article Tender offer price in fair value range: Melco Philippines
(Philippines) -- Melco Resorts and Entertainment (Philippines) Corp says the tender offer price to buy out the firm’s minority stockholders falls within the fair...

9/24/2018

article Crown Casino sees 10% drop in revenue
(Australia) -- Crown Perth has fallen out of favor with rich Asian gamblers. The result is a drop in revenue of almost 10%, according to an announcement by the Gaming...
article Crown Casino taking fall 10% as Asian gamblers turn away from baccarat
(Australia) -- Rich Asian gamblers are shunning Crown Perth, punching a revenue hole in the entertainment complex which was redeveloped by James Packer for $650 million.
article Crown Resorts VIP Revenues Plunge in Australia as James Packer Recuperates in New $66 Million LA Mansion
(Australia) -- There was more bad news for James Packer’s Crown Resorts this week. Western Australia’s Gaming and Wagering Commission reported that VIP...

9/23/2018

article Crown Casino taking fall 10% as Asian gamblers turn away from baccarat
(Australia) -- Rich Asian gamblers are shunning Crown Perth, punching a revenue hole in the entertainment complex which was redeveloped by James Packer for $650 million...

9/10/2018

article Melco Resorts PHL to delist from PSE
(Philippines) -- In a disclosure to the stock exchange, Melco Resorts Philippines said its board of directors had approved the voluntary delisting of the company’s...

8/30/2018

article Packer's Crown targeting Millennials with gamer pokies
(Australia) -- A pokies manufacturer with ties to James Packer’s Crown Resorts has launched the first applications in Australia to roll out a revolutionary new...

8/27/2018

article Melco announces Macau employee benefits program
(Macau) -- Hong Kong-listed, Melco Resorts and Entertainment Ltd. (MLCO:NASDAQ GS), announced on Friday that a benefits program review for the company’s non-management...

8/25/2018

article Crown Casino escapes $19,342 fine after Carl Williams' underage daughter posts a photo
(Australia) -- Crown Casino has escaped a $19,342 fine after the 17-year-old daughter of slain gangster Carl Williams posted a picture of herself inside its high-rollers...

8/12/2018

article Crown is taking legal action against the government over Barangaroo views
(Australia) -- Crown Resorts is suing the NSW government, claiming another development will threaten the views from its new Sydney Casino at Barangaroo. Crown announced...

8/10/2018

article Whales return to Packer's Crown casinos but China shadow lingers
(Australia) -- Here in the private gambling salons, with postcard views of the city below, the stakes are incredibly high. Some bring an entourage, some come alone....

8/8/2018

article Crown windfall driven by $450m in losses from Victorian pokies players
(Australia) -- For the first time Crown Resorts has released profits gained from poker machine revenue, revealing gamblers lost $450m on Crown’s 2,682 poker...
article Foreign high-rollers flock back to Packer's Crown
(Australia) -- Foreign high-rollers are returning in large volumes to gamble at Crown Resorts' flagship casino with the James Packer-backed company revealing a major...

8/6/2018

article Crown Resorts maintains Melbourne casino licence
(Australia) -- Crown Resorts will maintain its licence to operate the Crown Melbourne, following a review by regulators in Victoria, Australia. The Victorian Commission...

8/5/2018

article Crown Resorts found suitable to retain Melbourne casino license but China investigation ongoing
(Australia) -- Crown Resorts has received a welcome tick of approval after local gaming regulator, the Victorian Commission for Gambling and Liquor Regulation (VCGLR),...

8/3/2018

article Crown 'lacking progress' on responsible gambling practices
(Australia) -- James Packer’s Crown Resorts is failing to adequately monitor and intervene in problem gambling at its flagship casino in Melbourne, according to a...
article Crown Casino's licence renewed despite concerns around help for problem gamblers
(Australia) -- Crown Casino must improve its responsible gambling efforts and compliance, Victoria's gaming regulator has declared, despite the operator being once...

8/1/2018

article Labour group demands upped benefits from Melco Resorts
(Macau) -- Nearly 2,200 people participated in a Wednesday gaming labour protest march in Macau targeting casino operator Melco Resorts and Entertainment Ltd, according...

7/28/2018

article Crown Resorts Refuses to Pay $270 Million Tax Bill Levied on Aborted Las Vegas Investments
(Australia) -- Crown Resorts will take on the Australian Tax Office in court next month in a bid to wipe a disputed nine-figure tax bill.

7/25/2018

article Melco Resorts to launch new City of Dreams junket space in early 2019
(Macau) -- Melco Resorts Chairman and CEO Lawrence Ho says the company expects to launch substantial new VIP space at its flagship Macau IR, City of Dreams, by early...

7/24/2018

article Crown Resorts' Australian tax dispute headed for court challenge
(Australia) -- Casino operator Crown Resorts Ltd's dispute over a A$362 million ($270 million) tax bill is scheduled to be heard in an Australian court next month,...

7/19/2018

article Billionaire casino owner James Packer quits business interests
(Australia) -- Billionaire James Packer has resigned from 22 Australian company directorships in the past few weeks and no longer holds any board seats in his home...

7/16/2018

article Melco Temporary Casino Off To a Slow Start in Cyprus
(Cyprus) -- Melco International Development, also known as the Melco Group, has opened its first casino in Europe, or more specifically on the island of Cyprus in the...

7/11/2018

article Melco launches onsite employee training with DSAL
(Macau) -- Macau concessionaire Melco Resorts & Entertainment Limited has launched its first on-site Hotel and Catering Safety Card Training Program in cooperation...

7/10/2018

article Casino regulator snubs whistleblower in Crown probe, says MP
(Australia) -- A review into Crown Resorts' suitability to hold its lucrative casino operating licence has been completed without hearing from a whistleblower about...
article Crown Casino not investigated by watchdog because whistleblowers wanted anonymity, MP says
(Australia) -- Victoria's gambling watchdog has been accused of refusing to investigate alleged misconduct at Crown Casino because whistleblowers who worked at the...
article Melco Resorts’ temporary Cyprus casino finds early going tough
(Cyprus) -- The Property President of Melco Resorts’ temporary casino in Cyprus, Craig Ballantyne, has pointed to the country’s many illegal casinos as a...

7/9/2018

article Australian billionaire James Packer quits own company amid illness
(Australia) -- Australian billionaire James Packer has quit the board of his private company Consolidated Press Holdings (CPH), a spokesman said on Monday, four months...
article James Packer quits board of private holdings company to continue mental illness fight
(Australia) -- James Packer has quit the board of his private holdings company, Consolidated Press Holdings (CPH), to focus on his recovery from mental illness. His...

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