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Damning New South Wales verdict for Crown Resorts Limited - Vimarsana News

Damning New South Wales verdict for Crown Resorts Limited

February 9, 2021 In Australia and the official inquiry looking into the license suitability of casino operator Crown Resorts Limited has reportedly returned with a damning verdict that could well see the firm forced into making sweeping changes to its leadership and the way it is run. According to a report from The Guardian newspaper, the New South Wales Independent Liquor and Gaming Authority investigation was conducted by former New South Wales Supreme Court Judge Patricia Bergin and found that the Melbourne-headquartered company was currently not fit to hold a gambling license for its Cro...

Packer's directors quit Crown board after damning report scuppers Sydney casino opening | Crown Resorts - Vimarsana News

Packer's directors quit Crown board after damning report scuppers Sydney casino opening | Crown Resorts

An inquiry into James Packer’s Crown Resorts has found the company is not suitable to hold a casino licence at Barangaroo in Sydney, but a report has outlined steps the group could take to avoid the licence being revoked. Photograph: Paul Braven/AAP Two directors representing James Packer on the Crown Resorts board have resigned amid pressure from the head of the New South Wales casino regulator to resolve the company’s licensing crisis before the end of April. The move, and Packer’s support for Crown’s “announced re...

If James Packer loses his crown, he'll get even richer! - Vimarsana News

If James Packer loses his crown, he'll get even richer!

Switzer Daily 10 February 2021 James Packer faces a Sydney Carton moment when he has to decide whether he gives himself the guillotine and chops off his head as the real leader of the listed company Crown Resorts and its Crown gambling operation. Right now, the consensus of company analysts, who try to guess the future of profits of businesses and then their stock prices, think Crown Resorts (CWN) has a 0.6% downside with the current share price of $10.15. And it’s my contention that if James reads the old Charles Dickens book A Tale of Two Cities, he could get some great inspiration from...

Crikey Worm: Inns and outs - Vimarsana News

Crikey Worm: Inns and outs

THIRD HOLIDAY INN CASE Victoria’s health department has listed several new potential exposure sites in Sunbury, north-west of Melbourne, as the ABC reports that three people have now tested positive from the Melbourne Airport Holiday Inn: Sunbury Square Shopping Centre (specifically Aldente Deli, Bakers Delight, Sushi Sushi, and Asian Star) from 3:40-4:30pm Friday, February 5 PJ’s Pet Warehouse, Sunbury from 3:37-4:10pm Friday, February 5 Cellarbrations, Sunbury from 6:17-7:02pm Saturday, February 6 and 6:17-7:02pm Sunday, February 7 Sunny Life Massage in Sunbury Square Shopping Centre ...

Crown Sydney: James Packer lieutenants Guy Jalland and Michael Johnston walk as Crown recriminations start - Vimarsana News

Crown Sydney: James Packer lieutenants Guy Jalland and Michael Johnston walk as Crown recriminations start

The dominoes have begun to fall at Crown Resorts with two key officials at James Packer’s private company resigning from the gaming giant’s board after a review found it unfit for its Barangaroo casino.

Source: afr.com