Crown settles China arrests class action for $125m
Crown Resorts will pay $125 million to settle a class action launched over its business dealings in China that led to 19 staff being arrested there in 2016 for illegally … Read More
Tag: crown
Crown Resorts’ $261 million loss isn’t its biggest problem
You have to hand it to Crown Resorts’ former chairperson Helen Coonan. As she walked out of the James Packer-backed casino empire she left behind a very interesting grenade – … Read More
Crown may have shortchanged Victoria $167m in pokies tax
Crown Resorts potentially underpaid the Victorian government $167 million by deducting marketing expenses from its calculations of gaming taxes from its poker machine revenue. Victoria’s royal commission into Crown heard … Read More
Police get in on Crown act as Packer looks safe to keep his stake
James Packer looks set to receive the green light to retain his 37 per cent stake in the discredited Crown Resorts, rather than be forced to sell down his holding … Read More
Crown wasn’t ‘cosy’ with visa office, former boss tells inquiry
Former Crown Resorts chief executive Rowen Craigie has told a public inquiry that the casino group did not have a "cosy" relationship with consulate officials in China and that it … Read More
Natural Gas no longer US crown jewel
Oil producers need help to refinance, restructure coronavirus-induced debt: Senator FOX Business Blake Burman talks about Texas Gov. Greg Abbott’s efforts to reopen the Lone Star State. Sen. Kevin Cramer, … Read More