Tag Archives: Rowen Craigie
- Australian regulator gives Crown split-up plan a positive
August 18, 2016
It was a break-up that almost everyone is approve of – and we are not talking about Australian billionaire James Packer’s love life. Australian state regulators and credit analysts have given the plan of Australian casino operator Crown Resorts to separate its solidly performing Australian operations from the struggling Macau...
- Crown Perth casino hosts Harry Styles, Crown execs take pay cut. Coincidence?
September 27, 2013
The lure of casino gambling has once again got One Direction heartthrob Harry Styles in a spot of bother. Photos of the 19-year-old boyband member playing roulette at Crown Perth’s VIP Pearl Room recently surfaced via Twitter, and the epic handwringing over a stupidly rich young adult blowing a few...
- Crown H1 profit drops 34% but CEO says plenty of VIPs to go around
February 22, 2013
Australian casino operator Crown Ltd. recorded a profit of AU $180.8m (US $186.5m) in the first half of its fiscal year ending Dec. 31. That’s 34.1% below the $274.4m in the company’s previous H1 results, but this year’s numbers were hit by a $52m after-tax loss related to the falling...
- Melco Crown directors probed over $180m Taiwan-Macau money transfer
January 16, 2013
A subsidiary of Asian casino operator Melco Crown Entertainment is being investigated by Taiwanese authorities in connection with the alleged illegal transfer of over $180m between Taiwan and Macau over the past three years. Late last week, a number of Asian media sources reported that Taiwanese prosecutors were investigating a...
- Crown Ltd. posts $115M profit in first half of year
February 26, 2010
As the sun sets in the west, it rises in the east. Similarly, as international casino operators report their respective financial numbers, profits in Asia are (for the most part) offsetting losses in North America. Australia's Crown Ltd. saw its normalized net profit rise 3% in the first half of...