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Save Share Veteran company director and Future Fund board member John Poynton said he can help restore Crown Resorts to its former glory, insisting he always acted in the interests of all shareholders and is not a puppet for fallen casino mogul James Packer. In his first public comments since the release of a damning report that found Crown not suitable to operate Sydney’s second casino, Mr Poynton, one of few directors spared scathing criticism by former NSW Supreme Court judge Patricia Bergin, SC, said he approached his appointment by Mr Packer in 2018 as being part of a solution to re...

The Independent Liquor and Gaming Authority (ILGA) is the gaming regulator in charge of operations in New South Wales. After the recent recommendation by the Bergin Report involving the Crown Resorts Sydney development, the ILGA has now officially deemed the operator unsuitable for a casino license in the state. The report issued by Commissioner Patricia Bergin is 751 pages in length and came after a long inquiry into the suitability of Crown Resorts to hold a license in Sydney. The company faces allegations of money laundering at several casinos. The report also indicated that the company wa...

Helen Coonan to take dual role of chief executive and chair, an arrangement previously criticised as compromising board’s independence

Crown Resorts is going through a massive shakeup after the New South Wales Independent Liquor and Gaming Authority (ILGA) deemed the casino operator unsuitable to hold a license. Several top dogs on the company’s board stepped down and there was talk that CEO Ken Barton was going to give up his position, as well. That exit has now been confirmed, but Crown will reportedly give Barton some lovely parting gifts for his participation.  According to The Guardian, Barton, who had only led the company for about a year, is expected to receive a nice compensation package as he packs up his thing...

The chips are down as Crown chair Helen Coonan fights to save Sydney casino We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Very large text size Heavy lies the crown on Helen Coonan’s head. The former federal politician and government minister has one of the ugliest and toughest jobs in corporate Australia – and of her career – to clean up the disastrous failings of Crown Resorts. As chair of Crown, Coonan presided over a company which this week was informed it was not fit to operate its casino licence in Sydney, followi...