Page 4 - Nigel Morrison News Today

Crisis-stricken casino giant Crown Resorts has appointed former Telstra boss Ziggy Switkowski as its next chairman to replace Helen Coonan, who will resign from the company on Friday.

In Crown’s alleged tax rort, Commissioner Ray Finkelstein has a real-life test of the gambling giant’s claims to have reformed its culture. He seems far from convinced. 

Packer spared royal commission grilling The reclusive billionaire has not been called to give evidence at the Crown Resorts royal commission in Perth, but that could change. Crime by Rebecca Le May 20th Apr 2021 3:44 PM James Packer has not been called to give evidence at the royal commission in Western Australia that is digging into evidence Crown Resorts facilitated money laundering at its Perth casino. The probe, along wi...

Casino regulator who fished with Crown staff hires lawyer Share The West Australian casino regulator who stood aside after questions were asked about his friendship and fishing trips with senior Crown staff will have his own lawyer on hand when called to give evidence to the state’s royal commission into the gaming giant. Chief casino officer Michael Connolly has engaged lawyer Nick Malone to represent him at the royal commission, which could spark an overhaul of WA’s gambling laws as it ex...

April 13, 2021 In New Zealand and casino operator SkyCity Entertainment Group Limited has reportedly announced that it is to permanently cease using junket firms to attract high-value foreign gamblers to its four properties. According to a report from Inside Asian Gaming, the Wellington and Sydney-listed company is responsible for New Zealand’s SkyCity Auckland, SkyCity Hamilton and SkyCity Queenstown properties and recently spent in the region of $243 million so as to renovate its SkyCity Ad...

Packer taps Moelis to advise on potential Crown sale James Packer has indicated he is open to selling his Crown stake to Blackstone, as Consolidated Press Holdings taps Moelis for advice. Business by Lachlan Moffet Gray Premium Content Subscriber only James Packer has flagged he is open to selling his 37 per cent stake in Crown Resorts to US private equity firm Blackstone, with his holding company Consolidated Press Holdings confirming it has appointed...

Another Crown Resorts director steps down as NSW regulator flexes muscle   747 VIEWS John Poynton has become the fifth Crown Resorts director to step down in less than a month as the company’s boardroom makeover continues in the wake of the recent Bergin Report. Crown announced Monday morning that Poynton, who had previously resisted calls to step aside, had agreed to make way following pressure from the NSW Independent Liquor and Gaming Authority (ILGA). The Authority had questioned Poynton...

Brennan could be the man to sort out Crown We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Mark Brennan must have been running hot over the weekend. That’s because Bendigo boy Brennan has just the CV that makes him the ideal man for the job of independent sessional commissioner at the Victorian Commission for Gambling and Liquor Regulation. In other words, Victoria’s answer to NSW commissioner Patricia Bergin, whose spectacular carriag...

Where was the board’s recognition and acceptance that chief executive Ken Barton needed to go, and an announcement it had hired headhunters to find his replacement?

Casino giant Crown Resorts is not fit to run its $2.2 billion Sydney casino because it facilitated money laundering and has other deep problems, a highly anticipated report has found.