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Crown accepts $8.9 billion takeover offer from Blackstone

The agreement will net James Packer a $3.26 billion payday and end his rule over the Australian casino industry.

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Blackstone comes back to Crown Resorts with sweetened takeover bid

Blackstone is keen to wear the Crown, and is prepared to stump up a bit more cash than it initially put on the table.

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Accor’s Simon McGrath to join Crown Resorts as CEO of Sydney operations

Renowned hotelier Simon McGrath is settling the room service bill and checking out of Accor.

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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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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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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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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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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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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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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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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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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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