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Melco Announces Unaudited Second Quarter 2021 Earnings
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Melco Resorts & Entertainment LTD (MLCO): Price Now Near $16.05; Daily Chart Shows Downtrend on 50 Day Basis
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Melco Resorts & Entertainment Announces Share Purchase and Award Program
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Melco Resorts & Entertainment LTD (MLCO): Price Now Near $16.71; Daily Chart Shows Downtrend on 50 Day Basis
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Crown ordered to pay AU$22.5m following Bergin Inquiry
13th May 2021
| By Marese O Hagan
Crown Resorts Melbourne has been ordered to pay a total of AUD $22.5m (£12.4m/€14.4m/$17.3m) as part of measures set out by the New South Wales Independent Liquor and Gaming Authority (IGLA).
Crown must pay $12.5m towards the inquiry itself, and also pay an annual Casino Supervisory Levy of $5.0m in both FY2021 and FY2022, after the regulator found Crown “unsuitable” to operate a casino in the Barangaroo district of Sydney in February. The operator may pay a further levy in FY2023, but this is “subject to further consultation”.