Crown Resorts suffers record six-month loss due to COVID-19 closures
21 February 2021
Crown Resorts Limited, Australia s largest gaming & entertainment group, has confirmed that it suffered a hefty loss due to a steep decline in revenue during the six months to the end of December 2020. The Sydney-listed gaming giant said it suffered an overall loss of around $93.5 million during the July through December period of last year. The figure represents a decline of 155 per cent in half-year earnings as compared from the corresponding period of the previous year. The loss was accompanied by an analogous 62.1 per cent fall in aggregated revenues to around $449.4 million.