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Crown Resorts: princely returns

Market’s response to the Australian casino operator’s poor numbers is hard to fathom

Billionaire James Packer rejoins Crown Resorts board

Chairman also replaced after China arrests dent Australian casino operator’s ambitions

Videos for "Crown Resorts"

News video: Crown CEO Rowen Craigie to Step Down Effective Feb. 28

Crown CEO Rowen Craigie to Step Down Effective Feb. 28 02:53

Feb.22 -- Bloomberg's Perry Williams reports on Crown CEO Rowen Craigie stepping down Feb. 28 and Executive Chairman John Alexander assuming his duties. Williams speaks on "Bloomberg Daybreak: Asia."
Source: Bloomberg Global Business -

News video: Crown's High-Roller Gambling Plunges Amid China Crackdown

Crown's High-Roller Gambling Plunges Amid China Crackdown 02:13

Feb.22 -- Crown Resorts said high-roller betting at its Australian casino resorts almost halved and first-half profit fell after Chinese authorities detained a group of employees on the mainland for..
Source: Bloomberg Global Business -

News video: China Said to Formally Arrest 16 Crown Staff

China Said to Formally Arrest 16 Crown Staff 01:40

Nov.20 -- Shares of Crown Resorts are fell at the open after reports that 16 employees have been formally arrested in China over alleged gambling related crimes. Bloomberg's Paul Allen reports on..
Source: Bloomberg Global Business -

News video: Australia's Ciobo: Must Focus on Benefits of Free Trade

Australia's Ciobo: Must Focus on Benefits of Free Trade 10:54

Oct. 18 -- Australia's Minister for Trade, Tourism and Investment Steven Ciobo discusses the detaining of 18 Crown employees in China, Australia's post-Brexit trade with the U.K., the rise in..
Source: Bloomberg Global Business -

News video: Crown Plunges After China Detains 18 Employees

Crown Plunges After China Detains 18 Employees 02:19

Oct. 17 -- Shares in Crown Resorts are slumping after 18 employees were detained in China for what being called "suspected involvement in gambling crimes." Bloomberg's Paul Allen reports on "Bloomberg..
Source: Bloomberg Global Business -


UPDATE 3-Australia's Crown Resorts leaves Las Vegas, sells down Macau

* Warns VIP turnover in Australia down 45 pct in first half (Recasts, adds Las Vegas analysis)

Crown Resorts prunes global plans after China arrests

Australian casino operator shifts focus back home as revenues slump

Fears of Beijing gambling crackdown sends casino stocks crashing

HONG KONG (Reuters) - Casino stocks from Australia's Crown Resorts to Las Vegas Sands tumbled after a report that Macau, the world's biggest gambling hub, would limit cash withdrawals as part of a..

Crown Resorts staff held in China are formally arrested

crown resorts staff held in china are formally arrested
Three Australian employees of casino firm Crown Resorts are formally arrested on suspicion of gambling offences.
BBC News

Australia's Crown says China releases one of 18 detained casino employees

SYDNEY (Reuters) - Australia' top casino operator Crown Resorts said on Sunday that one of 18 staff arrested in China in October for suspected "gambling crimes" had been released from detention. Crown..

Star Entertainment CEO cancels Macau trip after Crown arrests in China

SYDNEY (Reuters) - Australia's second-largest casino company, Star Entertainment Group Ltd , said its CEO canceled a trip to Hong Kong and Macau last week after employees of peer Crown Resorts Ltd were..

NZ casino operator says Crown arrests in China to impact business

WELLINGTON (Reuters) - New Zealand casino operator SkyCity Entertainment Group Ltd said on Friday it was likely to be adversely affected in the short term by the detention of employees of Australian..

Australia's Crown says no charges laid against staff held in China

PERTH/SYDNEY (Reuters) - Australia's top casino company Crown Resorts on Thursday said no charges had been laid against 18 staff detained for alleged gambling crimes in China, as shareholders gathered..

Australia's Crown Resorts 'deeply concerned' about employees detained in China

SYDNEY (Reuters) - Billionaire James Packer, the majority owner of Australian Crown Resorts Ltd, said on Tuesday he was very concerned for 18 company employees detained in China for suspected "gambling..

Crown Resorts: busted

Arrest of 18 employees by Chinese authorities comes at a bad time for the gaming company

China detains staff from Australia's Crown for 'gambling crimes'

SYDNEY/HONG KONG (Reuters) - Australian casino giant Crown Resorts Ltd said on Monday China had detained 18 of its employees including three Australians, sending gaming stocks tumbling on concerns..

Australian casino shares tumble after China arrests

australian casino shares tumble after china arrests
Shares in Australian casino companies tumble after James Packer's Crown Resorts confirmed that 18 of its staff have been detained by authorities in China.
BBC News

Crown Resorts staff detained in China

Shares in James Packer’s Australian group fall 10% as Beijing clamps down on marketing of gambling 

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