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Crown Resorts

July

His master’s (gentle) voice: Over the course of an hour, he walked us through the preparation of a variety of sushi, tending to each of us individually, says the writer.

Crown offloads Nobu stake in deal valuing restaurant group at $1.3b

Blackstone-run Crown has had a 20 per cent stake in the acclaimed Japanese chain, part-owned by Robert De Niro, since James Packer bought in a decade ago.

  • Nick Lenaghan and Matthew Cranston

June

Star Entertainment board leader Anne Ward.

Star casino chair lets loose on LinkedIn

Star Entertainment is celebrating its award-winning staff inclusion. What would the leader of the board think about it?

  • Mark Di Stefano
New Tabcorp CEO and Blackstone adviser Gillon McLachlan.

All in the family for Gil McLachlan’s fantastic corporate adventure

The new jobs for the former AFL CEO include advising Blackstone, where his cousin is chairman of private equity.

  • Mark Di Stefano

The top 21 moments in Chanticleer history

The Chanticleer column has charted the highs and lows of corporate Australia since 1974. Here are a few of the highlights.

  • James Thomson and Anthony Macdonald
Former Virgin Australia boss John Borghetti and current Crown Sydneyt chairman has now been appointed chairman of Crown Resorts.

Ex-Virgin boss John Borghetti appointed Crown Resorts chairman

Bill McBeath, a veteran US casino executive who ran The Cosmopolitan in Las Vegas, will step aside but remain on the Blackstone-owned gaming group’s board.

  • Updated
  • Zoe Samios
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May

Hard Rock operates dozens of venues around the world.

Brisbane developer emerges at centre of Star’s Hard Rock mystery

The Florida-based entertainment giant said it had not authorised its name for use, despite Star telling investors it had received a proposal.

  • Updated
  • Zoe Samios, Anthony Macdonald and Liam Walsh
The Star Entertainment Group’s future is in the hands of Adam Bell, SC, who is due to determine whether it should stay open.

Casino regulator bans Star staff from tables over collusion

The NSW Independent Casino Commission has banned the two employees from operating games in the state for a decade.

  • Zoe Samios
Jon Gray says Australia’s long-term growth trends are strong despite a “rough patch”.

Blackstone wants bigger Australia bet as brighter economy beckons

Jon Gray says the US private capital giant will look to increase its exposure to Australia ahead of what he expects will be an economic upswing.

  • James Thomson

April

Super Retail CEO Anthony Heraghty.

Super Retail’s alleged executive tryst packs heat on the board

Bombshell claims against CEO Anthony Heraghty have been aired in public, putting the spotlight on chairwoman Sally Pitkin.

  • Updated
  • Mark Di Stefano
Crown will cut almost 5 per cent of its workforce.

Blackstone’s Crown to shed 1000 jobs in Sydney, Melbourne, Perth

Job losses will be split between the corporate division and the three casino precincts. Crown says the decision was driven by economic-related pressures.

  • Zoe Samios
Elon Musk has hit back at Prime Minister Anthony Albanese, accusing him of censorship.

X owner Elon Musk doubles down on Sydney stabbing video

Billionaire Elon Musk has taken to X to question why the Australian eSafety Commissioner should have the authority to force his social media platform to block videos of a Sydney terror attack. How the day unfolded.

  • Updated

Firm’s $14b closure; Crown Sydney’s win; the Dalio dilemma

Read everything that’s happened in the news so far today.

Crown’s Sydney tower seen from Balmain. The $2.2 billion development was stymied by the loss of its gaming licence.

Crown Resorts finally gets the green light to run Sydney casino

The Blackstone-owned gaming giant had been subject to a string of restrictions after a NSW inquiry called into doubt its ability to properly run a casino.

  • Zoe Samios

March

Crown Melbourne can keep its casino licence

Crown to keep casino licence but will ‘never be too big to fail’

The Victorian Gambling and Casino Control Commission has deemed Crown Melbourne suitable to keep its exclusive licence.

  • Updated
  • Gus McCubbing
Run out of town: Star Entertainment CEO Robbie Cooke.

The $5b whack: why it’s time to come clean to Star’s shareholders

As the sheriff runs Star executives out of town again, things are starting to look like a corporate assassination and the sort of battle investors cannot win.

  • Anthony Macdonald
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Star attracts a range of customers to its casinos in Queensland and NSW, including VIP high rollers.

Embattled Star caught in HWL Ebsworth breach

Hackers stole 2.5 million documents from HWL Ebsworth clients last April. Some of Star’s customers and employees were compromised.

  • Zoe Samios

February

James Packer deal to sell Crown to Blackstone was exquisitely timed.

Why James Packer is the luckiest billionaire in Australia

Crown Resorts may have given him plenty of heartburn, but the latest ugly numbers from Star Entertainment show how well-timed the sale really was. 

  • James Thomson

Philip Crawford is on a one-man crusade against Star Entertainment

Depending on who is asked, the corporate lawyer turned casino regulator is either keeping the bastards honest – or hounding them out of business.

  • Zoe Samios
Some time before June 30, the Australian Tax Office will present Lendlease with a bill for what it believes it is owed.

Lendlease’s tax shenanigans are future people problems

In the best-case scenario, everyone wins. And should the ATO ensure the worst? Lendlease’s shareholders lose. Again.

  • Myriam Robin
Ciaran Carruthers took over as Crown Resorts’ chief executive in September 2022.

Crown Resorts clears its CEO of law breaches

The gaming giant had been investigating whether Ciaran Carruthers intervened to allow patrons back into its casinos even after security had removed them.

  • Updated
  • Kylar Loussikian

Original URL: https://www.afr.com/company/cwn-g1