Tag Archives Resorts

Western Australia junket prohibition for Crown Resorts Limited

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In Australia and prominent casino operator Crown Resorts Limited has reportedly been ordered to immediately stop using junket firms in order to help lure high-value foreign players to its Crown Perth facility. According to a Wednesday report from the online news domain at News.com.au, the command from the Gaming and Wagering Commission of Western ...

Massachusetts regulator to weigh in on Wynn Resorts Limited lawsuit

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The Massachusetts Gaming Commission has reportedly decided to file a friend-of-the-court amicus brief that could well help Wynn Resorts Limited prevail in a lawsuit being brought by a disgruntled Encore Boston Harbor blackjack player. According to a Wednesday report from the Las Vegas Review-Journal newspaper, the regulator had considered lodging a similar motion last ...

Crown Resorts Limited records six-month loss owing to coronavirus closures

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The value of individual shares in Crown Resorts Limited increased slightly earlier today despite the Australian casino operator having publicized an overall loss of around $93.5 million for the six months to the end of December. The Sydney-listed firm used an official press release (pdf) to detail that the 155% comparable drop in half-year ...

Genting Malaysia announces early reopening of Resorts World Genting and non-gaming properties due to relaxed COVID-19 restrictions

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This week, Genting Malaysia announced that Resorts World Genting reopened on February 16, a few days earlier than expected. The company will open its Resorts World Langkawi and Resorts World Kijal non-gaming properties on February 19. The venues had been closed due to the local Movement Control Order. The COVID-19 restrictions of the order ...

MGM Resorts International remaining keen on Osaka casino project

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The boss for American casino operator MGM Resorts International has reportedly revealed that his firm is still interested in being given the right to bring a gambling-friendly development to the Japanese city of Osaka. According to a report from Inside Asian Gaming, Bill Hornbuckle (pictured) serves as President and Chief Executive Officer for the ...

Post-inquiry terminations and resignations hit Crown Resorts Limited

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In Australia and the Consolidated Press Holdings Proprietary Limited (CPHPL) vehicle of billionaire businessman James Packer has reportedly severed its boardroom ties with prominent casino operator Crown Resorts Limited. According to a Tuesday report from the Australian Broadcasting Corporation, the investments enterprise holds a preeminent 36% stake in the casino firm although it has ...