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Crown Resorts VIP executive Jason O’Connor released from prison

China’s president Xi Jinping’s crackdown on reported breaches of Chinese gambling laws has come to an end for 19 of James Packer’s Crown Resorts members of staff, as a number of the sentenced have been released from prison with the highest profile of them VIP executive James O’Connor.

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12/14/2017

article Sky's the limit! Casino tycoon James Packer buys $60 million Crown penthouse complete with 'unprecedented security features' in new Australian property record
(Australia) -- He broke property records when he sold his $70 million Vaucluse mansion with ex-wife Erica Packer in 2015. And now James Packer's breaking records...

12/5/2017

article Investors file class action against Crown
(Australia) -- Eighteen Crown employees had been held in China after authorities determined the company wasn’t giving shareholders the required information about...

12/3/2017

article Crown Casino facing class action over share price collapse following arrests in China
(Australia) -- Crown Resorts' shareholders have launched a class action against the gambling giant for a sharp drop in its share price following the arrest of 18...
article Investors launch class action against Crown over China scandal
(Australia) -- Months after its arrested employees were released, Crown Resorts' headaches over China are far from over with an investor class action set to test...

12/1/2017

article Melco Pledges to Move Headquarters to Japan if it Receives Casino License
(Japan) -- Melco Resorts & Entertainment Chairman Lawrence Ho has vowed to do “whatever it takes” in order to get into the Japanese casino market when it...

11/30/2017

article Melco Resorts to move HQ to Japan if casino bid accepted
(Japan) -- Asian casino operator Melco Resorts & Entertainment (MRE) has seriously upped the ante in demonstrating its desire to win a Japanese integrated resort (IR...
article Melco Plans Facial Recognition System for Japan Casino, Promises Government Access
(Japan) -- Hong Kong-based casino operator Melco Resorts & Entertainment has announced plans for a new facility in Japan that will make extensive use of facial...

11/29/2017

article Further allegations against Crown
(Australia) -- As the investigation over Crown casino activities continue, a fourth testimony has revealed that gaming operators could have reduced gaming services that...

11/27/2017

article Crown Casino: Fourth worker says he was told to tamper with pokies to limit punters winning
(Australia) -- Poker machines at Crown Casino were deliberately manipulated and tampered with by technicians in a bid to boost profits, another whistleblower says.

11/24/2017

article Crown Resorts plans to divest stake in CrownBet
(Australia) -- Australian casino operator Crown Resorts Ltd. has reportedly put its 62 percent CrownBet stake in play this week. The Australian Financial Review reported...

11/23/2017

article Crown Resorts Says It's in Talks on Online Betting Service Stake
(Australia) -- Crown Resorts Ltd. said it’s in talks regarding its stake in an online betting service after a report that William Hill Plc held discussions on a...
article James Packer's Crown Resorts puts CrownBet in play
(Australia) -- James Packer's Crown Resorts is set to divest its 62 per cent stake in online bookmaker CrownBet, a move that could spark merger and acquisition...

11/5/2017

article Casino Giant Melco Loses a Financial Director, Gains a CFO
(Hong Kong) -- Geoffrey Stuart Davis, Executive Vice President and CFO of Melco Resorts & Entertainment, will also become CFO of mother company Hong Kong-listed...
article Melco Crown Entertainment Limited (MLCO) Price Target Raised to $33.00
(Australia) -- Melco Crown Entertainment Limited (NASDAQ:MLCO) had its target price boosted by stock analysts at Nomura from $29.00 to $33.00 in a research note issued...

11/2/2017

article Melco's Q3 Beats Estimates On Strong Growth In Macau, Philippines
(Macau) -- Melco Resorts and Entertainment (MLCO) reported third-quarter earnings and revenue above expectations on strong growth from Macau and the Philippines.

11/1/2017

article Australia's Richest 2017: Gambling Tycoon James Packer Trying To Climb Back From The Abyss
(Australia) -- Just over a year ago, James Packer was on top of the world. His Crown Resorts, Australia's casino-market leader, held pole position for the lucrative...

10/30/2017

article Suspend Vic bill for Crown probe: Greens
(Australia) -- A bid to extend poker machine licences in Victoria by 20 years should be suspended while Crown casino is investigated over tampering allegations, the...

10/27/2017

article James Packer Says Crown Resorts Slot Tampering Allegations a ‘Lie’
(Australia) -- Billionaire Crown Resorts founder James Packer says the allegations being levied against his company under parliamentary privilege by Australian federal...

10/26/2017

article James Packer defends Crown Casino gambling accusations
(Australia) -- Appearing to avoid giving a direct answer, Mr Packer replied 'I'm very sympathetic for the difficulties that the last 10 years has put you through...
article Crown Resorts says China staff arrests forced hand on Macau exit
(Australia) -- Australian casino operator Crown Resorts’ decision to scrap its international ambitions was largely forced by China’s detention of Crown...

10/25/2017

article Australia's Crown slams 'outrageous' machine tampering claims made by lawmaker
(Australia) -- Gambling giant Crown has strongly refuted allegations by an Australian politician of machine tampering and serious misconduct at one of its flagship...
article James Packer concedes Crown Resorts' global strategy failed
(Australia) -- James Packer conceded publicly for the first time that his decade-long dream to make Crown Resorts a global brand has failed but boasted that at least it...
article James Packer says Crown Resorts needs to be more transparent
(Australia) -- BILLIONAIRE James Packer says the allegations of misconduct raised against casinos operator Crown Resorts by federal independent MP Andrew Wilkie are a...

10/24/2017

article Aussie gov’t blocks Wilkie from tabling further Crown allegations
(Australia) -- The Australian senator who delivered last week’s bombshell allegations of pokies-tampering and money laundering at Crown Resorts has been prevented...
article Fourth casino witness comes forward
(Australia) -- A fourth Crown Casino whistleblower has come forward with allegations of poker machine tampering, federal parliament has been told. Independent MP Andrew...

10/23/2017

article Crown Resorts Fires Back at Slot Machine Tampering Allegations, James Packer Folds on Japan
(Australia) -- Crown Resorts is responding publicly to claims brought to Parliament by federal lawmaker Andrew Wilkie that the company tampered with slot machines to...
article Fourth Crown Casino pokies whistleblower is ‘in fear of his life’ says MP Andrew Wilkie
(Australia) -- ANDREW Wilkie has been denied leave to reveal more whistleblower allegations about Crown Casino in Melbourne. The independent MP told Parliament in...
article Submission into Melbourne Crown’s license review details devastation of Perth man’s gambling addiction.
(Australia) -- A Perth man has made devastating allegations against Crown Melbourne as part of an ongoing review of its casino license in Victoria. Every five years the...

10/22/2017

article Crown Casinos accused of allowing 'self-excluded' gambler to blow $120,000 in three weeks
(Australia) -- A poker machine addict's desperate suicide mission to Crown Casino in Melbourne has thrown into question the gambling giant's commitment to...
article Peter's story: 'I went to Crown casino to gamble, take drugs and die. They did nothing to stop me'
(Australia) -- Melbourne's Crown casino was last week accused of tampering with poker machines, ignoring patrons' drug use and turning a blind eye to domestic...

10/20/2017

article Crown Attacks Aussie Lawmaker Over Casino Misconduct Allegations
(Australia) -- Crown Resorts Ltd., controlled by billionaire James Packer, has used an open letter to label allegations made by an Australian lawmaker that it skirted...
article Crowns blasts Wilkie over casino claims
(Australia) -- Crown Resorts has labelled a politician's claims the casino giant rigged pokie machines and let gamblers get around money laundering laws as "...
article Xenophon demands Crown Casino inquiry
(Australia) -- Claims of misconduct at Melbourne's Crown Casino warrant an urgent Senate inquiry, says independent senator Nick Xenophon.

10/19/2017

article AFP to investigate Crown casino claims
(Australia) -- Whistleblower allegations that Crown casino rigged pokie machines and let gamblers avoid money-laundering laws in Melbourne are being "evaluated...
article Aussie politicians squabble over who gets to probe Crown Resorts’ pokies-tampering allegations
(Australia) -- Australian politicians are squabbling over who should investigate yesterday’s bombshell allegations about video poker machine tampering and money...

10/18/2017

article Crown Casino: Gambling industry 'Australia's equivalent of the NRA', Tim Costello says
(Australia) -- The Alliance for Gambling Reform has slammed plans for a mega casino in Brisbane, saying the gambling industry is Australia's "blind spot" and akin to the...
article Crown hit by slot-machine tampering claims after China turmoil
(Australia) -- An Australian lawmaker is demanding parliament and police probe claims that Crown Resorts illegally tampered with slot machines, a potential setback for...
article Ex-Employees Accuse Crown Resorts Of Slots Tampering, AML Breaches (sub req)
(Australia) -- Australian anti-gambling legislator Andrew Wilkie has publicised whistleblower allegations of slot machine rigging and tampering, money laundering...
article Gambling regulator investigating Crown after misconduct claims
(Australia) -- Outgoing independent senator Nick Xenophon has hit out at Victoria's gambling regulator after former Crown employees accused the casino of tampering...

10/17/2017

article Crown casino accused of tampering with pokies as Andrew Wilkie drops bombshell
(Australia) -- Crown casino deliberately tampered with poker machines, allowed cannabis to be smoked in gaming rooms and avoided money laundering rules, whistleblowers...
article Crown Hit by Slot-Machine Tampering Claims After China Turmoil
(Australia) -- An Australian lawmaker is demanding parliament and police probe claims that Crown Resorts Ltd. illegally tampered with slot machines, a potential setback...
article Wilkie’s explosive claims about Crown
(Australia) -- Crown Resorts has called on Andrew Wilkie to immediately provide the relevant authorities with all information relating to explosive claims regarding...

9/23/2017

article Crown Casino accountant Jason O’Connor returns home from being in a Shanghai jail
(Australia) -- Jason O’Connor is a fragile if not broken man. After spending 10 months in a Shanghai prison, he is rebuilding his life at home but is far from...

9/17/2017

article Crown’s Perth Casino sees reported drop in revenue
(Australia) -- It has been reported by The West Australian that James Packer’s Perth casino has seen a revenue slump as Chinese High rollers, known as ‘...

9/14/2017

article Casino takings slump as high rollers stay away
(Australia) -- Chinese high rollers are deserting James Packer’s Perth casino in droves, putting at risk one of the key strategies behind Crown’s $650...

9/1/2017

article Melco Int’l revenue soars after taking control of Melco Resorts
(Macau) -- Wynn Resorts (WYNN) is breaking out Friday morning as casino stocks rallied on news that Macau gaming revenue rose 20% in August, despite the city getting hit...

8/14/2017

article China releases Crown employees
(China) -- Crown Resorts revealed during a filing earlier today that all the remaining employees that were still detained in China have been released. The Baoshan...
article Melco plans US listing for Macau’s Studio City gaming resort
(Macau) -- Melco International Development plans to spin off Studio City as a listing in the United States, according to a filing to the Hong Kong stock exchange. On...
article Form 6-K Melco Resorts & Entertainment
(New York) -- Studio City, the Hollywood-inspired cinematically-themed integrated entertainment, retail and gaming resort, today announces that Studio City International...

8/13/2017

article Jason O’Connor: the unwitting star of Crown’s corporate horror movie
(Australia) -- In his darkest moments, Jason O’Connor wondered whether he would see his wife Christina and teenage daughters Kasey and Chloe again.
article Police to explain Madafferi's casino ban
(Australia) -- Victorian police have been ordered to explain why they banned alleged Melbourne mafia boss Antonio Madafferi from Crown Casino, who is challenging the...

8/12/2017

article China frees top Australian Crown casino executive from jail
(China) -- Chinese authorities on Saturday released from jail a top Australian executive at a casino company following the completion of his sentence on gambling-related...

8/11/2017

article Crown boss Jason O’Connor set to be released from Chinese jail
(Australia) -- Australian Jason O’Connor, the head of Crown Resorts inter­national VIP, is set to be released from a Chinese prison today after serving time...
article Crown Closes China Chapter as Jailed Staff Are Said to Be Freed
(Australia) -- The last of Crown Resorts Ltd. employees serving jail time in China for illegally promoting gambling will be released as early as Saturday, according to a...
article Crown Resorts VIP executive Jason O’Connor released from prison
(Australia) -- China’s president Xi Jinping’s crackdown on reported breaches of Chinese gambling laws has come to an end for 19 of James Packer’s Crown...
article Crown’s Jason O’Connor, 4 staffers to walk out of Chinese jail
(Australia) -- Jason O’Connor, the highest Crown Resorts official thrown into the Shanghai jail for promoting gambling in Mainland China, and four other staffers...

8/7/2017

article James Packer’s Crown feels the revenue pinch after China VIP arrests
(Australia) -- Revenues at James Packer’s Crown Resorts have taken a fall following a drop in VIP business at the company’s casinos, according to its results...

8/6/2017

article Crown Resorts profit up 97% on casino sale
(Australia) -- Australian casino operator Crown Resorts Ltd. (CWN.AU) said its annual net profit rose by 97%, largely because proceeds from the sale of its stake in a...

8/3/2017

article Australia's Crown Resorts posts profit miss after China arrests
(Australia) -- Australian casino giant Crown Resorts Ltd said on Friday underlying annual profit fell by nearly a sixth, missing analyst forecasts, as a mass arrest of...
article Crown profit tumbles as China VIP gamblers dwindle
(Australia) -- Crown Resorts has reported double-digit drops in annual underlying net profit and revenues following a crackdown by Chinese authorities that prompted high...
article Crown profits fall as VIP business almost halves after China crackdown
(Australia) -- James Packer's Crown Resorts is reconsidering its long-running business of luring wealthy foreign high-rollers to Australia amid the scandal over its...
article Crown Resorts VIP revenue cut in half following China legal woes
(Australia) -- Australian casino operator Crown Resorts saw its VIP gambling activity cut nearly in half in its most recent fiscal year following the company’s...
article Packer’s Crown says high-roller turnover sinks on China case
(Australia) -- Billionaire James Packer’s Crown Resorts Ltd said high-roller casino revenue halved last fiscal year after Chinese authorities clamped down on the...

7/31/2017

article Australian Crown Resorts faces lawsuit from ex-employee
(Australia) -- The Australian casino operator Crown Resorts faces a lawsuit from a former first aid manager concerning her alleged unlawful dismissal and the company...

7/30/2017

article Former first aid manager reveals 'widespread' OHS problems at James Packer's Crown Resorts
(Australia) -- James Packer's Crown Resorts is facing allegations from a former first aid manager that the casino told staff to ignore a domestic violence incident...

7/24/2017

article Is Packer Eyeing Rival Star?
(Australia) -- Is James Packer making a run at Star Entertainment? It wouldn’t be the first time. The gaming and media tycoon owned as much as 10 percent of his...
article Unions target Crown's 'high-rollers' in casino job cuts feud
(Australia) -- Unions will target Crown's high-rollers and corporate clients as part of a deepening industrial conflict over who maintains the 2600-plus pokies...
article Crown Resorts took too many risks in China
(China) -- Wynn Macau Vice Chairman Dr Allan Zeman says Crown Resorts only has itself to blame for the arrests of 19 employees in mainland China last year, with the...

7/23/2017

article Men accused of ‘unprovoked’ Crown Casino assault granted bail
(Australia) -- The families of three men violently assaulted outside Melbourne’s Crown Casino have said they are furious the alleged offenders were bailed. Jason...

7/14/2017

article Could casino king James Packer be looking to place a Star on his Crown?
(Australia) -- Casino operator The Star Entertainment Group would make ripe pickings for James Packer's Crown Resorts. The commercial logic of a takeover is so...
article Crown and Star tie up would be strategically sound: Citi
(Australia) -- A merger between Australian casino operators Crown Resorts and Star Entertainment Group could deliver up to A$100 million (US$77.4 million) in cost...

7/12/2017

article China frees Crown Resorts workers
(Australia) -- China on Wednesday released 10 employees of Australia’s Crown Resorts Ltd., including two Australian citizens, after they completed nine months in...

7/11/2017

article China has released all but six Crown Casino staffers jailed for gambling offences
(China) -- CHINA has released 10 employees of Australian casino giant Crown Resorts, the first of 16 who were detained in October and sentenced in June for gambling...

7/10/2017

article Court papers reveal Crown Resorts’ $664 million revenue from Chinese gamblers
(China) -- Australian casino group Crown Resorts has been at the center of controversy after a senior executive was jailed in China, along with a number of current or...

7/4/2017

article Concerns over James Packer casino 'iconic views' as Barangaroo tender under wraps
(Australia) -- The winning tender to develop Barangaroo Central will not be announced until late this year – up to two years after the process began – amid...

7/2/2017

article Crown Casino’s Cafe Baci accused of underpaying more than 50 workers again
(Australia) -- THE owner of a cafe at Crown Casino is facing court for underpaying more than 50 workers. Len Di Pietro, who owns a number of restaurants and cafes...

6/30/2017

article Crown’s Pain Is Investor Gain as China Trauma Spawns New Era
(Australia) -- In just eight traumatic months, Crown Resorts Ltd.’s entire overseas strategy has unraveled. Investors haven’t had such a bad time.

6/27/2017

article China jails Crown Resorts staff over gambling crimes
(China) -- A Chinese court jailed 16 employees of Crown Resorts Ltd, including three Australians, in a quick-fire trial on Monday that caps a lengthy probe into how the...

6/26/2017

article China Sends Message to Asia's Casinos: Place Your Bets Elsewhere
(China) -- China just sent a clear message to casinos sprouting across Asia: don’t peddle your baccarat here. A Shanghai court on Monday convicted 19 Crown Resorts...
article Crown case unlikely to deter China's high rollers from gambling in Australia
(China) -- The Crown Resorts trial is unlikely to stop Chinese high rollers from visiting Australian casinos over the long term but it will change the way operators...

6/25/2017

article Crown Resort’s Could Struggle To Attract Asian Gamblers To New Barangaroo Casino & Domestic Properties
(Australia) -- Crown Resorts, one of the leading casino operators in Australia made a decision earlier this year to drop its plans of expanding into international...
article Accused Crown staff expected to plead guilty in Shanghai
(Australia) -- Nineteen Crown Resort employees charged in China with gambling crimes, including three Australians and a Malaysian, are expected to plead guilty to the...
article Australian Crown staff jailed in China for promoting gambling, set for release within months
(Australia) -- Three Australian employees of James Packer's Crown Resorts will be released from a Chinese jail over the next two months after pleading guilty to...
article Chinese court sentences 3 Australian Crown Resorts staff to prison
(Australia) -- Australian and Chinese employees of a casino company on Monday pleaded guilty to charges relating to gambling and the three Australians were sentenced to...
article Crown staff detained in China to face court amid notoriously high 99pc conviction rate
(Australia) -- Seventeen staff members and two former employees of Crown Resorts will face trial in a Shanghai district court today, eight months after being detained...
article James Packer all at sea as Crown staff jailed and fined in Chinese court
(Australia) -- TESTING times for James Packer culminated today with three Australian Crown Resorts employees handed jail sentences for promoting gambling in China.

6/23/2017

article James Packer's Asia retreat could hurt Crown's Australian casinos
(Australia) -- Crown Resorts' apparent dismantling of its Asian office network threatens to choke the flow of overseas visitors to the company's Australian...

6/20/2017

article As China trial looms, offshore offices of James Packer's Crown are hard to find
(Australia) -- Crown Resorts' operations in eight Asian countries are suddenly hard to find. Since staff of James Packer's casino empire were detained in China...

6/15/2017

article Crown Resorts employees in China charged with promoting gambling
(Australia) -- The group of Crown Resorts employees who were arrested in China in October last year has now been charged by a local court, an announcement from the...

6/14/2017

article China charges Australian casino staff with promoting gambling
(China) -- A major casino operator's bust-up with Beijing just took a turn for the worse. Australian company Crown Resorts said Tuesday that a group of its employees...

6/13/2017

article Australian Casino Company’s Employees Face Charges in China
(China) -- The Chinese authorities have charged employees of an Australian casino company with violating gambling promotion regulations, the company said on Tuesday,...
article Cash laundering fear for Crown employees charged in China
(China) -- A Macau-based gambling expert has warned that senior Crown employees charged in China with gambling offences could still face potentially long jail terms for...
article Crown casino staff held in China may get off lightly
(China) -- The three Australian employees of the James Packer-backed Crown Resorts detained in China could be back home as early as next month after their case was fast-...
article Crown casino employees' hopes rest on South Korean precedent
(Australia) -- Within two days of being sentenced by a Chinese court last October, South Korean casino staff were on the plane home. With a court date of June 26 set for...

6/12/2017

article China charges Australian casino firm staff with gambling offences
(China) -- Up to 18 staff from Australian billionaire James Packer’s Crown Resorts have been charged with promoting gambling in China, eight months after they were...
article Crown Employees Charged in China With Promotion of Gambling
(China) -- Crown Resorts Ltd. said its staff held in China have been charged with gambling-related offenses, the most significant development in the case since the...
article Crown Resorts says China employees charged with gambling offences
(China) -- Crown Resorts, the gambling and resorts group owned by Australian billionaire James Packer, said on Tuesday that employees from its China operations had been...

6/9/2017

article Macau Magnates Lawrence Ho & Francis Lui Open Up About Casino Prospects
(Macau) -- A funny thing happened on the way to Japan Gaming Congress in Tokyo last month. When I got to my hotel room and checked my email, hoping to confirm an...

6/5/2017

article Minister resists new Crown push for pokies
(Australia) -- Gaming Minister Paul Papalia says Crown Casino has again pushed for restrictions on poker machines to be dropped as regulators caution they are struggling...

5/30/2017

article Macau casino mogul Lawrence Ho criticises James Packer’s Crown
(Macau) -- Macau casino mogul Lawrence Ho said that Crown Resorts, the company controlled by his former business partner James Packer, and several other gaming companies...

5/29/2017

article CrownBet seeks expidited approval for Clubs NSW deal
(Australia) -- Australian casino operator Crown Resorts Limited recently announced that it plans to ask the Supreme Court of New South Wales (NSW) to expedite approval...

5/23/2017

article James Packer could be set for $1.1 billion Crown payday
(Australia) -- Crown Resorts director and major shareholder James Packer could receive almost $1.1 billion in dividends over three years as the casino operator looks to...

5/22/2017

article Crown pulls out of Las Vegas market with land sale
(Las Vegas) -- Crown Resorts has abandoned plans to build a casino on the highly sought-after 35-acre plot on the Las Vegas Boulevard. The Australia-based gaming...
article Alon site up for sale: A piece of property with a history
(Las Vegas) -- How's this for a neighborhood? “It's across the street from Wynn, the Venetian is there, Fashion Show, Resorts World,” enthuses broker...
article Crown seeks US$400 mln for Las Vegas land plot
(Las Vegas) -- Australia-based gaming operator Crown Resorts Ltd has hired brokerage CBRE Group to sell its land plot in Las Vegas, in the United States, where the Alon...
article James Packer abandons Las Vegas casino dream
(Las Vegas) -- Australian casino mogul James Packer is hanging his Las Vegas casino dream out in the open with a multi-million price tag. James Packer abandons Las Vegas...
article Melco Crown Philippines becomes world’s best-performing casino stock
(Philippines) -- Melco Crown Philippines (PSE:MCP), the Philippine arm of Melco Resorts & Entertainment group of Asia, is the world’s top-performing casino...
article EGA neutral on Melco offer
(UK) -- The board at Entertainment Gaming Asia is playing its cards close to its chest in face of an unsolicited cash offer by Melco International Development for all...

5/21/2017

article Australian company looks to sell Strip casino-resort site
(Las Vegas) -- Months after bailing on the Alon casino project, Australian billionaire James Packer’s company is looking to sell the property — for a cool $...

5/4/2017

article Fate of detained Crown Resorts Limited employees could soon become clearer
(Australia) -- The fate of the 14 employees of Australian casino operator Crown Resorts Limited being held in China for “gambling crimes” could soon become...

5/3/2017

article Gambling cases against Crown employees moves ahead in China
(China) -- Chinese authorities have handed over the criminal cases of 18 employees of Australian casino operator Crown Resorts to a district-level prosecutor’s...
article Two Crown staff released on bail in China as former staff among those jailed
(China) -- Chinese authorities are investigating the longer-term business practices of Crown Resorts on the mainland, as new details have emerged that two former...

5/2/2017

article Breakthrough for jailed Crown staff in China as lower court takes case
(Australia) -- The Crown Resorts staff detained in China have moved a step closer to having their day in court, after police finalised the investigation and officially...
article Crown arrests still hurting VIP gambling
(Australia) -- Casinos operator The Star Entertainment Group says its international high-roller business continues to be affected by the detention of employees of rival...

4/26/2017

article Crown Resorts’ architect of China push leaves casino group
(Australia) -- Michael Chen, the man who led Crown Resorts’ push into China, has reportedly left the James Packer’s casino company following the arrest of 18...
article James Packer's man in China Michael Chen leaves Crown Resorts
(Australia) -- The architect of Crown Resorts' push into China, Michael Chen, has left the casino group as the clean-out of top management continues following the...

4/25/2017

article Crown Resorts’ China marketing guru Michael Chen departs
(Australia) -- Crown Resorts head of international marketing, Michael Chen, who spearheaded the casino operator’s push into China has left the company. It is...

4/19/2017

article James Packer goes all in on Japan after retreating from Macau and US
(Australia) -- James Packer may have rapidly shrunk his global empire, but there's one place outside Australia where the casino mogul is not pulling back and that...
article Why James Packer has been selling assets
(Australia) -- James Packer has spent the past year selling several assets, making his Crown Resorts shares now by far the biggest part of his portfolio. On Wednesday it...

3/25/2017

article Crown Resorts Averts Focus to Domestic Casino Operations to Reduce Instability
(Australia) -- With market cap of around A$8.4 billion, Crown Resorts Ltd. is one of Australia’s largest casino operators. The company runs two integrated resorts...

3/19/2017

article James Packer Cashes in A$500 Million after Latest Melco Crown Shares Selldown
(Australia) -- Australian businessman James Packer collected almost A$600 million last week after selling subordinated notes to local casino operator Crown Resorts and...

3/18/2017

article James Packer calls in $100m loan to Crown
(Australia) -- Casino tycoon James Packer has an extra $100 million in his wallet after calling in a loan to his Crown Resorts empire.Mr Packer last week sold a million...
article Melco Crown to Change Its Name as It Seeks Post-Crown Identity
(Australia) -- Melco Crown Entertainment is getting a name change and a complete rebranding. The Asian casino giant will drop the “Crown” from its English...

3/16/2017

article James Packer’s Crown Resorts casinos face scrutiny
(Australia) -- The Victorian gambling regulator is poised to begin a review of Crown Resorts’ flagship Melbourne casino as its NSW counterpart conducts “...

3/15/2017

article Marketing guru Coyne may have been rolled in Packer purge of Crown executives
(Australia) -- Where in the world is Christopher Coyne? You know him, Crown Resort's chief marketing officer. This is the guy who signed off on the sponsorship deal...

3/12/2017

article CA sides with Bloomberry vs Melco Crown’s hiring employee with crucial sway on casino operations
(Philippines) -- THE Court of Appeals (CA) has ordered Melco Crown Entertainment (MCE) Leisure (Philippines) Corp., which operates the City of Dreams Manila, to comply...

3/11/2017

article Casino billionaire James Packer reportedly wanted for questioning by Israeli police over Benjamin Netanyahu corruption probe
(Australia) -- Australian casino mogul James Packer is reportedly wanted for questioning by Israeli police amid a corruption investigation into Prime Minister Benjamin...

3/8/2017

article Crown still at the table gambling on $3b ASF Gold Coast development before going all in
(Australia) -- James Packer’s Crown Resorts is still at the table as a potential operator of ASF Consortium’s $3 billion casino and resort on The Spit.

3/7/2017

article Corruption in Australia, beyond casinos and judges
(Australia) -- Attempts by Julie Bishop, Australia’s foreign minister, to besmirch the reputation of Malaysian Prime Minister Najib Razak, has hit another obstacle...
article Crown Resorts Exec Rumored to Have Been Collecting Debts When Arrested
(Australia) -- Crown Resorts executive Jason O’Connor is rumored to have been in China last fall to collect on VIP gambling debts incurred by patrons who...
article Crown Resorts’ Barangaroo License Should Be Reviewed, Says Former NSW Regulator
(Australia) -- Crown Resorts’ Australian licenses may be in jeopardy if 14 of its employees currently detained in China are convicted of gambling charges.
article Crown Sydney Set to Remain VIP Casino Only
(Australia) -- New South Wales Premier Gladys Berejiklian has confirmed that Crown Resorts’ Sydney casino resort will not feature slot machines at its premises,...
article No pokies for James Packer's Barangaroo Crown casino, NSW Premier says
(Australia) -- NSW Premier Gladys Berejiklian has ruled out any chance of allowing poker machines at Crown's planned VIP casino at Sydney's Barangaroo.

3/6/2017

article Crown Resorts set to begin A$500 million debt retirement
(Australia) -- Crown Resorts Limited (CWN:ASE) announced on the Australian Stock Exchange Monday that they intend to buy-back approximately A$500 million (about US$379m...
article Crown Resorts: all systems go for 42.9M share buy-back
(Australia) -- Australia-listed Crown Resorts Ltd has announced plans to buy-back 42.9 million of its ordinary shares worth US$378.8 million. Crown Resorts: all systems...
article Crown's local casino licences under scrutiny if China hands down conviction, former regulator boss warns
(Australia) -- The former head of the NSW casino regulator is warning that Crown's Australian casino licences should be reviewed if any of its staff under arrest in...
article James Packer’s Macau casino chased high rollers, Four Corners reveals
(Australia) -- The James Packer-backed Crown Resorts’ head of international marketing drove an “expensive” recruitment program to boost its China team...

3/5/2017

article Barangaroo licence scrutiny 'inadequate, superficial': former regulator
(Australia) -- Crown Resorts' controversial Barangaroo casino faced "inadequate" and "superficial" parliamentary scrutiny before being approved,...

2/28/2017

article Crown to drop sport star links, sell golf courses
(Australia) -- Crown Resorts will sell its flagship golf courses and axe sponsorships of the nation’s top rugby league teams and sporting stars, including former...
article Everything on the table as Crown Resorts restructuring begins
(Australia) -- Australian casino operator Crown Resorts has begun an aggressive cost-cutting program following a sharp decline in its VIP gambling business.
article James Packer reportedly plans giant Crown Resorts cuts
(Australia) -- JAMES Packer’s Crown Resorts is reportedly planning massive cuts across the casino group, selling flagship golf courses, axing major sporting...

2/27/2017

article Crown Resorts cost cuts bite at Perth Casino
(Australia) -- The James Packer-backed Crown Resorts has cut hundreds of jobs from its Perth casino. Perth media reported today that Crown (CWN) had axed more than 200...

2/24/2017

article James Packer’s Crown takes VIP hit on chin: ‘pause, not retreat’
(Australia) -- James Packer’s casino empire, Crown Resorts, often boasted that its appeal over its rivals was its VIP ­offering, but that model was abruptly...

2/23/2017

article Casino Operator Crown Puts Big China Play on Hold
(Australia) -- Crown Resorts Ltd. is dialing back efforts to attract Chinese high-rollers to its Australian casinos, as Beijing’s graft crackdown and the recent...
article CEO Craigie steps down at Crown
(Australia) -- The chief executive of casinos operator Crown Resorts, Rowen Craigie, will step down at the end of February, with executive chairman John Alexander...
article Crown cuts dividend amid VIP gambling plunge
(Australia) -- James Packer's Crown Resorts has reported a fall in underlying revenue amid a slump in VIP gamblers at its Australian casinos, cutting its regular...
article Crown Resorts: 'No apologies' for big dividend that hands James Packer $387m
(Australia) -- Crown Resorts chairman John Alexander said he will make "no apologies" for a bumper dividend payment that will deliver almost $387 million to...
article John Alexander's elevation at Crown casino shows he has not lost the Packer touch
(Australia) -- When it comes to getting money out of the Packer boys, Mariah Carey could learn from the veteran who has served both Kerry and James – John (JA)...
article Packer Accelerates Crown Makeover as CEO Leaves, IPO Scrapped
(Australia) -- Billionaire James Packer accelerated his restructure of Crown Resorts Ltd., replacing the chief executive officer and scrapping a hotels listing as the...
article Packer accelerates Crown makeover as CEO leaves, IPO scrapped
(Macau) -- Billionaire James Packer accelerated his restructure of Crown Resorts Ltd., replacing the chief executive officer and scrapping a hotels listing as the casino...
article Crown Resorts’ Reports 45 Percent Drop in VIP Revenues, Breaks Silence on China Arrests
(Australia) -- Crown Resorts has posted its first set of financial results since the arrest of 18 staff members in China sent its VIP marketing strategy there into...

2/22/2017

article Australia's Crown Resorts hits pause as China arrests slow turnover
(Australia) -- Australian casino giant Crown Resorts Ltd (CWN.AX) said on Thursday it is in a "holding pattern" until it learns the fate of 18 staff detained...
article Crown loses chief executive as China fallout hits revenue
(Australia) -- Crown Resorts has shelved plans to spin off a property trust holding most of its Australian assets and announced a A$500m (US$385m) share buyback amid a...

2/20/2017

article China Law Rules, Turnbull Says as Crown Detentions Pass 4 Months
(China) -- Australia’s Prime Minister Malcolm Turnbull said he respects China’s legal system even as a group of Crown Resorts Ltd. employees remain in...

2/18/2017

article Melco Crown Entertainment Limited posts positive fourth-quarter performance
(Australia) -- Asian casino operator Melco Crown Entertainment Limited has released its financial results for the fourth quarter of 2016 detailing a 13% increase year-on...

2/11/2017

article Racing Club with links to Crown revealed as generous Labor donor
(Australia) -- A Chinese middleman to VIP high-rollers at Crown, detained by the Chinese government in a crackdown on foreign casinos last year, has been revealed as a...

2/9/2017

article Announcement on Crown Casino Queensbridge Hotel Tower
(Australia) -- UPDATE: A $2 BILLION Crown Casino hotel that will soar 323m into the sky has been approved by the State Government, with Lord Mayor Robert Doyle welcoming...
article Crown's murky deal with Andrews needs explaining Josh Gordon
(Australia) -- It is, undeniably, big. On Thursday, the Andrews government was keen to spruik its decision to rubber stamp Crown Casino's plan to build a 90-storey,...

2/8/2017

article Auditor-General slams gambling watchdog over Crown Casino scrutiny
(Australia) -- VICTORIA’s gambling watchdog is under fire for failing to scrutinise money laundering and problem gambling at Crown Casino. A damning Auditor-...
article Crown Casino escapes close scrutiny by inspectors
(Australia) -- Money laundering by high rollers at Crown has not been properly scrutinised by the state's gambling regulator, a damning report from Victoria's...
article Liquor authority approved licences for people with criminal histories, review finds
(Australia) -- The body responsible for regulating alcohol and gambling licences in Victoria has approved licences for people with criminal histories and links to...
article Vic report shows Casino oversight
(Australia) -- Victoria's gambling authority has not paid enough attention to supervising Melbourne's biggest and only licensed casino, Crown Casino.
article CrownBet Strikes Landmark Online Betting Deal with ClubsNSW
(Australia) -- CrownBet will provide online gambling services across the organisation’s 1,200 venues via designated app that will enable club members to place bets...

2/7/2017

article Crown casino worker charged over $1.5m ice haul
(Australia) -- A Crown casino employee has been charged with trafficking a drug of dependence after she and her boyfriend were allegedly found with six kilograms of ice...

2/3/2017

article Investors to Sue Crown Resorts in Class Action over China Arrests
(Australia) -- Australian casino operator Crown Resorts may become a defendant in a class action from shareholders as a result from a significant share slide over the...

1/26/2017

article China extends probe into Crown workers
(China) -- China has extended the detention of staff from James Packer’s Crown Resorts who have been ­arrested for alleged gambling-­related crimes,...

1/15/2017

article Crown's Robert Rankin played hardball in privatisation talks: sources
(Australia) -- So farewell then Robert Rankin, whose shortlived stint as chairman of James Packer's listed Crown Resorts gambling company and chief executive of...
article Crown staff facing another year in Chinese jail
(China) -- Hopes of a speedy trial for the 17 Crown Resorts staff who are being detained in China, including head of Crown's international VIP program Jason O'...

1/14/2017

article The Bank of Montreal Can Has $3,409,000 Position in Melco Crown Entertainment Limited (MPEL)
(Quebec) -- Bank of Montreal Can boosted its position in Melco Crown Entertainment Limited (NASDAQ:MPEL) by 25.4% during the third quarter, Holdings Channel reports. The...

1/13/2017

article James Packer's Crown Resorts: the clock is ticking on the empire and the legacy
(Australia) -- The ambition of billionaire gaming magnate James Packer to build a global casino empire is in tatters. It was always a high-stakes game.

1/12/2017

article After Macau and Vegas, Investors Ask What's Next for Australia's Packer
(Australia) -- A decade ago, Australian billionaire James Packer had a clear, if unconventional, strategy: to turn his father's established television-to-newspaper...

1/10/2017

article Why James Packer is unlike other billionaires
(Australia) -- Is Donald Trump the most erratic casino mogul in the world right now? Based on the ever-changing situation at Crown Resorts, you could make a case that...

1/9/2017

article Billionaire James Packer rejoins Crown Resorts board
(Australia) -- Billionaire James Packer has returned to the board of Crown Resorts as part of a management shake-up, reflecting the Australian casino operator’s...
article Billionaire Packer returns to Crown Resorts' board
(Australia) -- Crown Resorts Ltd on Tuesday said its biggest shareholder, Australian billionaire James Packer, will return to the casino company's board less than a...

1/6/2017

article Packer's new gambling partner not a natural ally
(Australia) -- Don't be surprised if we continue to see changes in the gaming market in 2017 – with the next one looking like a tie-up between James Packer...

1/2/2017

article James Packer's $140 million Nobu investment is worth zero, analysts say
(Australia) -- Crown Resorts' stake in the global chain of Nobu Japanese restaurants is valued at zero by some analysts, suggesting that James Packer's $140...

12/28/2016

article As James Packer's Crown Resorts exits, tourist arrivals spark Macau casino revival
(Macau) -- Has James Packer jumped the gun scrapping the international ambitions of his gaming empire Crown Resorts this month and exiting its casino investments in...

12/23/2016

article James Packer's Barangaroo casino to proceed after failed legal bid
(Australia) -- After years of controversy and months of planning and regulatory hurdles, James Packer's $2 billion Barangaroo casino is all but a reality after a...

12/22/2016

article James Packer's Crown Resorts win Barangaroo casino case against Sydney residents
(Australia) -- The people of Millers Point in Sydney have lost their court case against James Packer's Crown Resorts to stop the building of a second casino on a...

12/19/2016

article Court rejects request of alleged casino money launderer’s wife to take back California home
(California) -- The restraining order issued against the California house of a suspected casino money launderer has been reaffirmed by the court as authorities believe...

12/18/2016

article Packer to maintain Melco stake as Macau casino revenues rise
(Australia) -- James Packer’s Crown Resorts plans to maintain a material ­investment in its Asian gaming joint venture Melco Crown Entertainment for the coming...

12/17/2016

article Casino Giant Pulls Out Of Las Vegas Strip Project
(Australia) -- Australian casino giant Crown Resorts announced Thursday that it’s no longer going to be involved with a planned casino-resort on the Las Vegas...
article Crown to Sell $1.18 Billion Stake in Macau Casino Operator
(Australia) -- Australian casino operator Crown Resorts is selling more of its stake in Melco Crown Entertainment and scrapping its Las Vegas casino project.
article James Packer’s year from hell
(Australia) -- HIS high profile wedding to diva Mariah Carey falling apart was just the tip of the iceberg for a horror year for James Packer. The publicity-shy...

12/16/2016

article Australian company won't proceed with Vegas Strip resort
(Las Vegas) -- An Australian company won't proceed with a project for a 1,100-room hotel-casino on the Las Vegas Strip, company officials announced Thursday. Crown...
article James Packer sells the family silver as he exits most global casino business
(Australia) -- James Packer was about as far away from Macau as you can get this week as he wound up his 12-year partnership with Chinese gaming tsar Lawrence Ho. The...
article Packer’s Crown Reaps A$1.9 Billion as Macau Casino Stake Cut
(Australia) -- Billionaire James Packer’s Crown Resorts Ltd. reaped A$1.9 billion ($1.4 billion) by slashing its stake in a Macau casino venture, cutting exposure...
article Opinion | Views on Gaming: Uneasy lies Crown as lights go down on its casino empire
(Macau) -- All of a sudden, the world’s best casino credit is looking a bit short of cash. Crown Resorts Ltd., the only gambling company judged investment grade by...

12/15/2016

article Asian dream over as James Packer cashes out of Macau
(Australia) -- James Packer’s Asian casino dream is over, with Crown last night moving to offload its entire $2.8 billion stake in its Macau-based joint-venture as...
article Crown retreats from Macau
(Australia) -- Casinos giant Crown Resorts has dumped plans to spin off its international assets and again cut its stake in its Macau joint venture in what appears to be...
article Crown scraps Las Vegas plans, sells down Macau casino stake
(Australia) -- James Packer's Crown Resorts is staging a massive retreat from its troubled international operations, selling down its stake in Macau casinos and...
article Crown to Sell $1.4 Billion Stake in Macau Casino Operator
(Australia) -- Crown Resorts Ltd. intends to reduce its exposure to the Chinese market by selling part of its stake in a Macau casino operator, a move that comes as...

12/14/2016

article Australia's Crown Resorts leaves Las Vegas, sells down Macau
(Australia) -- Australia's No. 1 casino company Crown Resorts Ltd is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as...
article Crown Said to Plan $1.2 Billion Melco Stock Sale in Macau Exit
(Australia) -- Billionaire James Packer is moving quickly to offer Crown Resorts Ltd.’s remaining stake in its Macau casino venture to institutional investors,...
article James Packer's annus horribilis is now complete with Crown's global retreat
(Australia) -- James Packer's annus horribilis is now complete with his casino operation, Crown Resorts, announcing a comprehensive retreat from its global ambitions...
article James Packer's Crown Resorts cans Las Vegas casino, sells Melco stake
(Australia) -- James Packer's Crown Resorts is beating a hasty retreat from China, agreeing to sell a portion of its shares in Macau operator Melco Crown back to...

12/4/2016

article Crown’s confession will help detained staff: Chinese lawyer
(China) -- A prominent Chinese lawyer whose firm has helped defend Australian businesspeople in high-profile cases has urged Crown Resorts to issue a clear confession to...

11/28/2016

article Crown Falls in Sydney After Report Proposed Spinoff Is on Hold
(Australia) -- Crown Resorts Ltd. shares fell in Sydney after a newspaper report that the Australian casino company has put on hold a proposed multibillion-dollar...

11/25/2016

article Crown assembles legal war room in act of 'a--- covering'
(Australia) -- James Packer's Crown Resorts has assembled a "war room" of highly paid lawyers and advisers as the casino giant prepares for the legal...

11/24/2016

article Arrested Crown Resorts Limited employees meet with Australian officials
(China) -- The three Australian employees of Crown Resorts Limited detained by Chinese police last month before being formally arrested earlier this week have now...

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