Page 23 - Harold Mitchell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

‘Hidden money’: $50m flows in secret political donations Save Share The nation’s major political parties took in $50 million in donations from unknown sources last financial year, with new analysis showing 30 per cent of all income amounts to “hidden money”. Using newly released Australian Electoral Commission data, the watchdog group, the Centre for Public Integrity, found that $1.2 billion in gifts and donations from unknown sources has been received since 1998-99. “Reform is needed now so that the funding of the coming election is transparent,” says Centr...

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...

The entire board of James Packer’s Crown Resorts should resign over the casino group’s licensing crisis, corporate governance experts say. A scathing report on Crown, tabled in NSW parliament on Tuesday, has prompted a week of boardroom bloodletting at the company, with three directors so far resigning and at least one more set to follow. 

First published on Thu 11 Feb 2021 02.37 EST The chief executive of Crown Resorts, Ken Barton, and a non-executive director of the casino group, Andrew Demetriou, have reportedly resigned following pressure from gambling regulators in New South Wales and Victoria. A third director, Harold Mitchell, is believed to be planning to resign after the Victorian Commission for Gambling and Liquor Regulation (VCGLR) asked him to explain why he was suitable to remain on the board. The Australian newspaper reported on Thursday night that Barton had offered his resignation and Demetriou had quit. “I ha...