Crown resorts

Hotels

The Star pulls Crown merger proposal over Royal Commission “issues”

by Huntley Mitchell

The future of James Packer’s casino empire is looking bleaker by the minute, with The Star no longer interested in teaming up.

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Hotels

Crown, The Star and SkyCity all hit with money laundering investigations

by Huntley Mitchell

The scrutiny could not have come at a worse time for Crown and The Star, given the two are currently exploring the possibility of a merger.

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Hotels

Crown Resorts rejects Blackstone’s bid, but The Star’s merger offer still in play

by Huntley Mitchell

The bosses at Crown have given the private equity firm a big thumbs down for its acquisition proposal.

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Hotels

The Star lobs merger offer at rival Crown to create $12bn tourism and entertainment giant

by Huntley Mitchell

The Star faces some competition, however, from a private equity firm that wants to take over Crown (which, FYI, has also just hired a new CEO).

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Hotels

Worrying signs for Crown Resorts, with royal commission announced into Melbourne casino

by Huntley Mitchell

To make matters worse for Crown, the company suffered a $120.9 million loss in the first half of FY21.

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Hotels

GAME OVER: Crown Resorts officially deemed unsuitable to hold Sydney casino licence

James Packer’s EA has been forced to go out and buy a bigger stress ball for the casino mogul, after NSW’s gaming regulator confirmed the inevitable for his Barangaroo property.

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Hotels

Crown Resorts CEO exits following damning report on casino licence bid

After much speculation about his future at Crown, Ken Barton has finally bowed to pressure.

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Hotels

Future of ‘Packer’s Pecker’ uncertain, as Crown Resorts directors resign in the wake of scathing report

by Huntley Mitchell

James Packer’s hopes of operating his prized $2.4 billion Barangaroo property as planned have seemingly been dashed.

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Hotels

Crown Resorts’ Barangaroo casino opening delayed after money laundering admission

The company’s money laundering bombshell has thrown its Crown Sydney opening plans into absolute disarray. Wade through the mess right here.

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Hotels

Hotel Wrap: Club Med’s new online support, Accor expands stunning Al-Ula luxury camp + MORE

Get informed on all the latest hospo news with this week’s Hotel Wrap, which comes with a sprinkling of delightful property developments.

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Hotels

Hotel Wrap: Event lands Oval Hotel marketing gig, renovated Ayers Rock Resort to reopen + MORE

We’re certain you’ll want to read this week’s Hotel Wrap from start to finish, not just because it’s slightly shorter, but because the news is absolutely poppin’.

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Tourism

Webjet, CTM and Experience Co. among latest ASX-listed companies to issue COVID-19 updates

Scores of listed travel companies have been updating the market on their respective responses to the impact of the COVID-19 pandemic in recent days. Here’s a recap.

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