Nich Moore September 15, 2017 07:23:30
The illegality of gambling in China is well known, and their highly publicized crackdown on the numbers of junkets to the oasis that is Macau has underlined this as much as the high profile arrest and jailing of Jason O’Connor of Crown Resorts, but are the authorities simply papering over the cracks as numerous Chinese […]
Nich Moore November 24, 2016 09:59:07
The arrest of staff from Crown Resorts operating in China has set the cat amongst the pigeons but as the company looks to expand in Vegas and Sydney and face stiff competition from Bet365 and it’s ilk, do these arrests indicate more for the firm to wrestle with than just the unsubtle communication methods of […]
Nich Moore October 18, 2016 07:14:39
Crown Resorts, owned by Australian cartoon character James Packer, has been pushing its luck in China, riding the phantom steed of corporate supremacy cowering behind pedantic legality, but their luck finally ran out this week as its employees in the country were arrested and face lengthy sentences for promoting gambling in a country where it […]
Bianca O. March 1, 2016 15:14:24
Crown Resorts’s has had a turn for the worst in their joint venture casinos, owned by Melco Crown Entertainment- City of Dreams-Studio City and Altira- by dropping a whopping 89% to AUD $9.4 million. These weakened profits are a reflection of the ever growing state of the weakening gambling market of Macau which in affect […]
Petar July 9, 2015 05:21:27
The Australian gambling giant will lose around USD 31 million due to the Macau case in China. According to Deutsche Bank, the earnings of the Australian Crown Resort are estimated to fall for around 6% this year from USD 512.1 million to USD 481.2 million, reports gambling news. Although the gambling giant has noted considerable […]
Vera T. May 12, 2015 10:46:35
Due to allegations that Packer’s $2 billion casino resort plan in Barangaroo is legally awry, conflict sparks anew between Crown Resorts and Echo Entertainment. A new clash between rivals in gambling news: Crown Resorts and Echo Entertainment dispute over a Sydney casino license. Echo Entertainment recently learnt that James Packer’s plan to open a casino […]
Phyllis F. February 24, 2015 05:15:50
Ferrari thinks it’s time to run the F1, the most famous automobile sports event, back up to the rugged mountain top. When we think concept cars we are usually imagining something futuristic or a ‘blue-sky exercise’ that screams originality. Get this, the Ferrari Design Formula 1 Concept doesn’t fit into either category. This is Ferrari’s […]
Nich Moore January 15, 2015 08:10:22
The wind of change might have blown through the Sri Lankan political landscape but have they also blown any chance Packer had for a Casino out of the water? It is an old political adage that you need to get behind someone to stab them in the back, your political opponents not always as dangerous […]
Monica E. October 28, 2014 14:34:30
As the competition for Asian high-rollers is firing up, Genting is struggling to make it in the UK, US and Malaysia. Resorts World Genting is getting a tune-up. The company’s Integrated Tourism Plan is expected to boost the number of visitors at the Malaysian casino resort, but there is still a lot of work to […]
Crown is seeing weak profits this fiscal year, and according to Kerry Packer it’s due to players simply winning too much. At a recent Crown Resorts shareholders’ meeting chairman James Packer was candid about the company’s poor performance during the new fiscal year. It has nothing to do with ballooning costs or the lack of […]
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