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WA chief casino officer Michael Connolly stood aside over friendships with Crown employees - Vimarsana News

WA chief casino officer Michael Connolly stood aside over friendships with Crown employees

Crown fallout continues as WA chief casino officer Michael Connolly stood aside over friendships with staff MonMonday 15 updated MonMonday 15 FebFebruary 2021 at 3:45am Michael Connolly has been friends with Crown employees "for an extended period", raising conflict of interest concerns. ( Share Print text only Cancel The WA Government's chief casino officer has stood aside after questions were raised about his social relationship with staff from Crown Perth's legal and compliance team. Key points: It follows a damning report alleging Crown was used for money laundering Several senior Crown s...

Source: abc.net.au
Crown Resorts chief Ken Barton resigns amid money laundering scandal - Vimarsana News

Crown Resorts chief Ken Barton resigns amid money laundering scandal

Ken Barton steps down in the wake of allegations of money laundering within the Australian casino chain.

Source: bbc.co.uk
ASX gains as JB Hi-Fi profits surge; Commonwealth Bank forecasts house price boom - Vimarsana News

ASX gains as JB Hi-Fi profits surge; Commonwealth Bank forecasts house price boom

ASX gains as JB Hi-Fi profits surge; Commonwealth Bank forecasts house price boom Posted MonMonday 15 updated MonMonday 15 Commonwealth Bank economists expect national dwelling prices to increase 8 per cent in 2021. ( Share Print text only Cancel Economists at Australia's biggest bank think the housing market is "on the cusp of a boom", as record low mortgage rates collide with the recovery in the jobs market. Key points: JB Hi-Fi shares have risen after its net profit climbed 86 per cent Nearmap has rejected a short-seller report that caused its shares to dive last week Commonwealth Bank ec...

Source: abc.net.au
Crown CEO Ken Barton has resigned, the latest and largest head to roll at the casino. He could walk away with as much as $73 million. - Vimarsana News

Crown CEO Ken Barton has resigned, the latest and largest head to roll at the casino. He could walk away with as much as $73 million.

Crown’s top executive could not survive a damning inquiry that found regulators could not have confidence in the company under his stewardship.

Crown chief Ken Barton likely to receive $3m payout after stepping down from casino giant - Vimarsana News

Crown chief Ken Barton likely to receive $3m payout after stepping down from casino giant

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