Page 22 - Harold Mitchell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The West Australian government has announced an inquiry, with the powers of a royal commission, into embattled casino operator Crown Resorts amid increasing pressure on two additional directors of the company to resign. WA’s move, announced late on Tuesday, leaves Victoria isolated as the only state that licenses Crown that has failed to launch a quasi-judicial inquiry into the James Packer-backed casino operator. An inquiry in New South Wales,...

Crown Resorts has been told officially it is unsuitable to hold a licence for its new casino at Barangaroo.

James Packer’s 37 per cent stake in Crown is his largest investment and the dividend it yields is his major source of income.

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...

Crown CEO Ken Barton’s was thanked for his “dedication and commitment”. Which beats other recent assessments.