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Crown Resorts Ltd

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  • Tuesday, 1 March, 2022
    Australia’s Crown Resorts sued by financial watchdog for alleged money laundering

    Country’s largest casino operator hit by lawsuit weeks after closing Blackstone deal

    The logo of Australian company Crown Resorts at a hotel and casino complex in Melbourne
  • Monday, 14 February, 2022
    Crown Resorts recommends Blackstone’s $6.4bn bid

    Takeover signals retreat of Australian billionaire James Packer from casino industry

    A Crown Casino logo on the company’s premises in Melbourne on Monday
  • Thursday, 13 January, 2022
    Mergers & Acquisitions
    Blackstone nears $6.5bn deal to buy James Packer’s Crown casino group

    US investment group raises bid as acquisition spree sends Australian M&A to record levels

    A woman walks past a sign for the Crown Towers at the Crown Casino in Melbourne
  • Monday, 10 May, 2021
    Rival offer for Australia’s Crown sets up bidding war

    Star’s proposed $9.4bn merger with casino group comes as Blackstone sweetens terms

  • Monday, 22 March, 2021
    Mergers & Acquisitions
    Blackstone makes $6.2bn bid for Australian casino operator Crown

    Private equity swoop follows ruling James Packer-backed group not fit to run new Sydney resort

  • Wednesday, 10 February, 2021
    Inquiry slams Crown Resorts as unsuitable to run A$2.2bn Sydney casino

    Report outlines reforms necessary for company to be deemed fit to hold a licence

  • Wednesday, 18 November, 2020
    Crown barred from opening A$2.2bn Sydney casino next month

    Australian authorities delay launch of flagship casino amid money laundering inquiry

  • Tuesday, 20 October, 2020
    Inside BusinessJamie Smyth
    Casino inquiry shines harsh light on James Packer’s dynasty

    Crown Resorts faces criticism after revelations at hearings on licence to operate A$2.2bn casino and luxury hotel in Sydney

  • Monday, 19 October, 2020
    Crown Resorts faces Australia money laundering probe

    Shares in casino operator slide as much as 10% on news of Austrac investigation

  • Thursday, 13 August, 2020
    Billionaire’s gaming group in high-stakes skyscraper gamble

    Critics say Crown Resorts’ luxury Sydney casino development risks becoming white elephant

  • Wednesday, 29 April, 2020
    Private equity
    Blackstone makes new investment in coronavirus-hit casinos

    Private equity group acquires 10% stake in Australia’s Crown Resorts

    The Crown Casino logo on the side of its casino in Melbourne, Australia
  • Friday, 24 January, 2020
    Crown Resorts announces new chief amid executive reshuffle

    Group in midst of public inquiry following allegations of money laundering and criminality

    The Crown Resorts Ltd. logo is displayed at the entrance to the Crown Towers hotel, part of the Crown Melbourne casino and entertainment complex, in Melbourne, Australia, on Friday, Aug. 7, 2015. Crown, the gambling company controlled by billionaire James Packer, is scheduled to report full-year results on Aug. 13. Photographer: Carla Gottgens/Bloomberg
  • Thursday, 29 August, 2019
    Crown Resorts faces inquiry over fitness to hold Sydney casino licence 

    Australian state regulator to investigate allegations of money laundering and criminality

    A crane towers over the construction site of casino operator Crown Resorts' new resort in Sydney, Australia August 1, 2019. Picture taken August 1, 2019. REUTERS/Byron Kaye
  • Tuesday, 30 July, 2019
    Australia investigates fast-track visas for Chinese gamblers

    Attorney-general reacts to media reports alleging links between tour groups and drug traffickers

    Crown Resorts said it rejected allegations of illegality made in parliament and in media reports
  • Friday, 31 May, 2019
    Crown shares fall after James Packer sells 20% stake

    Sale to Macau’s Melco comes as Australian billionaire reduces his public profile

  • Wednesday, 10 April, 2019
    Due Diligence
    You Wynn some, you lose some Premium content

    Welcome to Due Diligence, the FT’s daily deals briefing

  • Wednesday, 10 April, 2019
    Crown Resorts drops 11% after Wynn ends takeover talks

    The Australian gambling and resorts company had confirmed the $7.1bn bid on Tuesday

  • Tuesday, 9 April, 2019
    Wynn Resorts Ltd
    Wynn withdraws $7.1bn takeover bid for Crown Resorts

    US gaming company ends talks less than 24 hours after Australian group said it had received bid

    (FILES) A file photo taken on February 26, 2017, shows Crown Casino signs displayed on their Melbourne casino. Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said on June 13, 2017. / AFP PHOTO / WILLIAM WESTWILLIAM WEST/AFP/Getty Images
  • Tuesday, 9 April, 2019
    Wynn Resorts Ltd
    Wynn Resorts ends casino takeover talks with Australia’s Packer

    Reversal comes less than a day after Crown confirmed it was in talks about a tie-up

    (FILES) A file photo taken on February 26, 2017, shows Crown Casino signs displayed on their Melbourne casino. Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said on June 13, 2017. / AFP PHOTO / WILLIAM WESTWILLIAM WEST/AFP/Getty Images
  • Tuesday, 19 February, 2019
    Crown Resorts drops more than 6% as VIP bets shrink
  • Friday, 20 July, 2018
    Retail & Consumer industry
    James Packer, billionaire in retreat after series of crises

    Casino tycoon beset by personal and business woes has quit his 24 Australian directorships

    FILE PHOTO: Australian gambling tycoon James Packer looks on during day two of the Commonwealth Business Forum in Colombo November 13, 2013. REUTERS/Dinuka Liyanawatte/File Photo
  • Monday, 9 July, 2018
    Companies
    James Packer steps down from board of own company
  • Tuesday, 20 March, 2018
    Asia-Pacific companies
    James Packer resigns from Crown Resorts board
  • Monday, 4 December, 2017
    Asia-Pacific companies
    Crown Resorts faces class action suit from shareholders
  • Friday, 24 November, 2017
    Asia-Pacific economy
    William Hill holds preliminary talks with CrownBet over merger

    UK bookmaker looks at ‘possible combination’ of Australian businesses

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