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Crown not suitable to run Sydney casino, says the regulator - Vimarsana News

Crown not suitable to run Sydney casino, says the regulator

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

Source: afr.com
Packer will be parched as Crown's dividend drought likely to drag on - Vimarsana News

Packer will be parched as Crown's dividend drought likely to drag on

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

Source: smh.com.au
Crown Sydney: I'm not James Packer's puppet, says John Poynton - Vimarsana News

Crown Sydney: I'm not James Packer's puppet, says John Poynton

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...

Source: afr.com
Crown Resorts Receives Letter from IGLA regarding Sydney License. - Vimarsana News

Crown Resorts Receives Letter from IGLA regarding Sydney License.

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...

Crown Perth: WA gambling regulator seeking independent inquiry into Crown Perth - Vimarsana News

Crown Perth: WA gambling regulator seeking independent inquiry into Crown Perth

The WA gambling regulator is calling on the state government to set up an independent inquiry into Crown's ...