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Crown Resorts pays AUD$61m tax bill amid Victoria regulatory probe | Legal & compliance

Crown Resorts pays AUD$61m tax bill amid Victoria regulatory probe | Legal & compliance
igamingbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igamingbusiness.com Daily Mail and Mail on Sunday newspapers.

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Sydney Casino Dealer Sent to Jail for Stealing A$500K

Sydney Casino Dealer Sent to Jail for Stealing A$500K
casinonewsdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from casinonewsdaily.com Daily Mail and Mail on Sunday newspapers.

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Australia s Star Entertainment withdraws $6 6 billion bid for Crown Resorts

3 Min Read (Reuters) -Australian casino operator Star Entertainment Group on Friday withdrew a A$9 billion ($6.6 billion) buyout proposal for rival Crown Resorts Ltd after an inquiry heard the target should lose its main licence, sending its shares lower. FILE PHOTO: The logo of Australia s casino operator Crown Resorts adorns a fence surrounding the Crown Perth hotel and casino complex in Western Australia, October 20, 2016. REUTERS/Aaron Bunch Star, the country’s No. 2 casino operator, said it may yet consider a tie-up with the troubled larger company, but was concerned about the impact of an inquiry on its value “including whether it retains the licence to operate its Melbourne casino or the conditions under which its licence is retained.”

Western australiaNew south walesNikhil kurian nainanKrishna chandra eluriThomson reuters trust principlesStar entertainment groupEntertainment groupCrown resortsTuesday crownKrishna chandraThomson reuters trustமேற்கு ஆஸ்திரேலியாபுதியது தெற்கு வேல்ஸ்நிகில் குரியன் நைனன்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்நட்சத்திரம் பொழுதுபோக்கு குழு

UPDATE 3-Australia s Star Entertainment pulls $6 6 bln bid for Crown Resorts

UPDATE 4-Australia s Star Entertainment pulls $6.6 bln bid for Crown Resorts Reuters 5 hrs ago Star cites uncertainty over Crown s Melbourne casino licence Popular Searches Crown faces two inquiries that could affect Melbourne, Perth casinos (Adds shareholder comment, updates shares) By Byron Kaye and Nikhil Nainan July 23 (Reuters) - Australian casino operator Star Entertainment Group on Friday withdrew a A$9 billion ($6.6 billion) buyout proposal for rival Crown Resorts Ltd after an inquiry heard the target should lose its main licence, sending its shares lower. Star, the country s No. 2 casino operator, said it may yet consider a tie-up with the troubled larger company, but was concerned about the impact of an inquiry on its value including whether it retains the licence to operate its Melbourne casino or the conditions under which its licence is retained.

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Crown merger bid withdrawn by The Star

Advertisement The Star Entertainment Group Limited has withdrawn a $12 billion merger proposal with beleaguered rival Crown Resorts citing the uncertainty over the James Packer-controlled firm retaining its casino licences in the wake of royal commissions in Victoria and Western Australia. Star said it was concerned that issues raised at the inquiry into Crown Melbourne could materially impact the business. Credit:Louise Kennerley “We continue to believe substantial benefits could be unlocked by a merger, however the uncertainty surrounding Crown is such that The Star is unable to continue at the present time with its Proposal in the form as announced,” the company said in a release to the ASX.

Star entertainment groupStar entertainment group limitedCrown resortsJames packer controlledCrown melbourneநட்சத்திரம் பொழுதுபோக்கு குழுநட்சத்திரம் பொழுதுபோக்கு குழு வரையறுக்கப்பட்டவைகிரீடம் ரிசார்ட்ஸ்ஜேம்ஸ் ப்யாகர் கட்டுப்படுத்தப்படுகிறதுகிரீடம் மெல்போர்ன்