Crown Resorts chief executive Ciaran Carruthers will leave the Blackstone-owned casino giant after a challenging two-year period juggling rising costs against a slowdown in customer revenue.
Mr Carruthers was responsible for the multimillion-dollar rehabilitation of Crown’s three casino precincts after two royal commissions found breaches of anti-money-laundering and counter-terrorism laws. He was also forced to cut more than 1000 jobs from the group to adjust to reduced visitation.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
