Blackstone must still pass key probity checks from state casino regulators to ensure its $8.9 billion takeover offer for Crown Resorts succeeds, despite the deal’s conditional approval from the gaming giant’s board and upbeat investors.
ILGA said its assessment of Blackstone was under way but not complete.
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Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com