Crown future depends on reform
The Bergin report affirms why integrity is vital in running casinos.
The Bergin report affirms why integrity is vital in running casinos.
Commissioner Patricia Bergin’s key observations of the gaming giant are beginning to ring true.
Crown Resorts chief executive Ken Barton and director Andrew Demetriou are resisting calls for them to stand down.
Former NSW Supreme Court judge Patricia Bergin cost in-crisis billionaire James Packer a cool $85m as investors ran for the hills from his Crown Resorts.
Crown Resorts’ biggest institutional investor, Perpetual, has thrown its weight behind the findings of the Bergin inquiry.
Crown Resorts has been hit with downgrades by analysts following a NSW inquiry finding it is unsuitable to operate its flagship Sydney casino.
The ongoing fallout from the Crown inquiry has prompted the casino giant and its biggest shareholder to cut ties.
The island nation keeps a tight clamp on its casinos.
James Packer goes on the front foot in the wake of the findings of the Crown inquiry, cutting his company’s ties with the board.
The head of the NSW gaming regulator says Crown ‘needs to blow itself up to save itself’, but hinted at a possible timeline for the casino’s opening.
As catastrophically bad as it was for billionaire James Packer, the NSW probe into Crown contained some unexpected positives.
A probe into Crown has dealt a crushing blow to its $2.2bn Barangaroo project after damning allegations of bad corporate behaviour.
In the end, Packer’s dreams of rivers of gold from Chinese high rollers turned into a nightmare for him.
The stench from the scathing Crown report hadn’t quite reached its dining patrons on Tuesday, but Patricia Bergin didn’t miss in her brutal assessments of its execs and directors.
Star Entertainment Group could benefit from being able to capture more of the high-roller market as Crown’s expansion into Sydney is nobbled.
Original URL: https://www.theaustralian.com.au/topics/crown-resorts/page/3