News - Page 3

Australian casino developer Crown Resorts has decided to sell the remainder of its stake in Melco Resorts and Entertainment Ltd, resulting in the termination of the joint venture relationship. Making the announcement, Melco Resorts said that it would be...

The chairman of Australian casino operator Silver Heritage Group Ltd has highlighted the benefit of focusing on the Indian market rather than the Chinese market, pointing to recent developments. David Green, the chairman made the comments in the company’s...

James Packer, the Australian casino tycoon has cashed in debt notes worth A$100 million that he was holding in his company Crown Resorts. Packer reportedly sold a million subordinated notes for A$101.58 each last week to Crown Resorts, which...

ASF Consortium, the Chinese developer who is responsible for constructing the Gold Coast Integrated Resort in the state of Queensland, Australia has released fresh design plans for the project. Initial plans for the A$3-billion project which is awaiting approval...

The ex-head of the New South Wales (NSW) gaming regulator has warned that if China convicts any of the Crown Resorts employees arrested last October for gambling crimes, it might result in Australia’s regulatory body taking up a review...

Australian casino operator Crown Resorts is expected to announce extensive jobs cuts in coming months after an in-depth business review by the new executive chairman John Alexander is concluded. Crown Resorts owner James Packer has said earlier that he...

The Star Entertainment Group, a major Australian casino operator has said that its VIP gaming business has been significantly affected by the arrest of Crown Resorts employees in China, late last year. Speaking at an analysts’ conference call regarding...

Australian casino operator Crown Resorts recently announced that it has received approval from the government of Victoria to build a A$1.75 billion 90-storey, 323-metres high tower that will become Melbourne’s as well as Australia’s tallest building. The Southbank site...

Australia-listed casino operator Silver Heritage has announced a delay in the soft launch of its casino in Nepal citing financing issues. The Tiger Palace Resort is being built in Bhairahawa located on Nepal’s border with India and is Silver...

Australian billionaire James Packer has once again joined Crown Resorts as a director after exiting from the board in 2015. His re-appointment is a part of the leadership changes that includes the appointment of a new chairman for the...