Tag Archives: crown resorts
- SportsBet snags AFL sponsorship deal with Seven West Media
Australian online sports betting operator Sportsbet has signed on as the new sponsor of broadcaster Seven West Media's Australian Football League television coverage. On Wednesday, the Australian Financial Review reported that Sportsbet, a division of UK betting powerhouse Paddy Power Betfair, had reached a deal with Seven to sponsor the...
- Crown Resorts gets new chair, sings welcome back Packer
Australian casino operator Crown Resorts has bid goodbye to its chairman while welcoming James Packer back to its board of directors. On Tuesday, Crown announced that Robert Rankin was stepping down from his position as chairman of Crown’s board effective February 1. Rankin will remain a director of Crown and...
- China casinos’ staff back as clampdown fear eases
Different casino operators are now aggressively – albeit quietly – moving its staff back to China more than a month after the arrest of 18 Crown Resorts staff for gambling-related offenses. The Australian Financial Review, which quoted anonymous sources, reported that big operators with casinos in Macau have quietly relaxed...
- Crown sells Melco Crown shares, hands Lawrence Ho control
Australian casino operator Crown Resorts is selling more of its stake in Melco Crown Entertainment (MCE) and scrapping its Las Vegas casino project. On Wednesday, Crown sought a halt in trading in its shares on the Australian Stock Exchange after alerting investors that it was selling 198m shares in the...
- Crown Resorts demerger put on ice
Crown Resorts has put the demerger of its Australian and overseas gaming empires on the backburner in the light of the arrests of 18 Crown staffers in Asia. Australian Financial Review reported that Crown, in which billionaire James Packer’s holding company has a majority stake, has paused its plans to...
- Israel probes James Packer over lavish gifts
Australian casino mogul James Packer is once again back in the headlines several weeks after the indictment of his Crown marketing staff in China and his failed relationship with international singer Mariah Carey. This time, Packer finds himself in hot water for allegedly showering the family of Israel Prime Minister...
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