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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

  • Monday, 14 February, 2022
    Crown Resorts recommends Blackstone’s $6.4bn bid

    Takeover signals retreat of Australian billionaire James Packer from casino industry

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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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