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Crown loses directors as post-Bergin shakeout begins
Heads have begun to roll at Crown Resorts, a day after a bombshell report found it was unsuitable to hold a Sydney license, with regulators warning the company will need to “blow itself up” to regain suitability. Less than 24-hours after former Judge Patricia Bergin delivered her findings,...
Crown faces board purge, forensic audit to regain suitability
Crown Resorts will need to overhaul its board of directors and carry out a full audit of its operations as the very minimum requirements to become suitable to hold a license in Sydney and in the meantime its Barangaroo casino will remain closed. The long-awaited report into whether Crown should be...
Star Entertainment to benefit from Crown woes
Star Entertainment is likely to benefit from expected delays to Crown Resorts’ ability to open a casino in Sydney and its current share price presents a good buying opportunity, J.P. Morgan said in a report. The firm said it has upgraded its rating on Star to “overweight” due to three main...most popular
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Vietnam seeks to simplify financial-capacity rules as it updates 2017 local-access casino decree
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...