|Bid||11.70 x 89500|
|Ask||11.79 x 170500|
|Day's range||11.70 - 11.79|
|52-week range||10.31 - 13.34|
|PE ratio (TTM)||4.57|
|Earnings date||24 Feb. 2017 - 28 Feb. 2017|
|Dividend & yield||0.00 (0.00%)|
|1y target est||12.79|
Australia's Crown Resorts said Monday that China had released all of the casino group's employees who were detained as part of a gambling crackdown last year. Mogul James Packer's gaming company said the last of the 19 current and former Crown employees had been set free after being held for 10 months. "Crown is pleased that all of our employees have now been released and reunited with their families and loved ones," executive chairman John Alexander said.
Australia's Crown Resorts has been hit by a plunge in high-roller revenue, annual results showed Friday, in the wake of the arrests of its employees in a Chinese crackdown on gambling promotions. The global casino operator recorded a net profit of Aus$1.87 billion (US$1.49 billion) in the year to June 30, a 96.7 percent increase from the previous period boosted by the sale of the last of its stakes in a Macau venture. "Total normalised revenue across Crown's Australian resorts declined by 12.7 percent.
A Chinese court on Monday convicted 19 current and former employees of Australia's Crown Resorts company on gambling-related charges, handing jail terms to 16 of them, including three Australians. The casino company and Australia's consul general in Shanghai announced the verdicts after the half-day trial was held behind closed doors at Baoshan District Court. Gaming is illegal in China and companies are not allowed explicitly to advertise gambling but few details of the accusations have been released since last year's arrests.
Nineteen current and former employees of Australia's Crown Resorts company pleaded guilty to gambling-related charges in a Chinese court on Monday, with three Australian staffers sentenced to months-long jail terms. Jason O'Connor, the executive vice president of Crown division VIP International, was given a 10-month jail term, Australian Consul General Graeme Meehan told reporters outside the Shanghai court. The two other Australians, Pan Dan and Jerry Xuan, were given nine-month sentences.
A Chinese court opened a trial on Monday for 19 current and former employees of Australia's Crown Resorts company who were charged with promoting gambling, including three Australians and a Malaysian. The accused arrived at the Baoshan District Court in Shanghai in the morning and a tribunal officer told AFP that a verdict may be issued later on Monday, but it was up to the judge. The court schedule showed they were on trial for "suspected gambling".
Up to 18 staff from Australian billionaire James Packer's Crown Resorts have been charged with promoting gambling in China, eight months after being detained, the company said Tuesday. The marketing employees were seized in raids across China in October, including an executive in charge of luring rich Chinese to Australia, as Beijing cracks down on high-roller gambling promotions. Crown at the time said 18 staff were being held, but did not mention the number in an update to the Australian stock exchange.
Australian casino operator Crown Resorts agreed on Tuesday to sell the remaining stake in its Macau venture for US$1.16 billion as the firm pursues a restructure amid a Chinese gambling crackdown. Mogul James Packer's company will exit its holding in Melco Resorts by offloading a final 11.2 percent holding to joint-venture partner Melco International on May 15, the Australian-listed firm announced. "Crown Resorts will no longer hold an interest in Melco Resorts," the company said in a statement Tuesday.
Australian mogul James Packer's Crown Resorts reported a sharply higher second-half net profit Thursday after scaling down a Macau joint venture which offset weaker turnover from high rollers. The casino operator, which has been hit by softening demand in Macau following a Chinese corruption crackdown, also announced its chief executive of 10 years Rowen Craigie was stepping down. Crown posted net profit of Aus$359 million (US$276 million) for the six months to December 31, up 75 percent on the corresponding period in 2015.
ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 23 December 2016 LEGAL CHALLENGE TO CROWN SYDNEY PLANNING APPROVAL DISMISSED MELBOURNE: Crown Resorts Limited (ASX: CWN) ("Crown") announced today the ...
Australian mogul James Packer's Crown Resorts on Thursday slashed its stake in a Macau joint venture and shelved plans for a Las Vegas casino in a scaling back of operations to cut debt. Crown has been hurt by softening demand in Macau following a Chinese corruption crackdown and will sell 13.4 percent of Melco Crown Entertainment for Aus$1.6 billion (US$1.2 billion) to joint-venture partner Melco International. Its shareholding in Melco Crown will fall to 14 percent after the transaction.
BSD Crown Ltd. (LSE: BSD) (the 'Company') Ramat Gan, 25 February 2016 The Company refers to its announcement of 19 February 2016 (the '19 February Announcement') regarding an investigation by the Israel ...
Appendix 3Y Change of Director's Interest Notice Appendix 3Y Change of Director's Interest Notice Rule 3.19A.2 Information or documents not available now must be given to ASX as soon as available. Information ...
Yossi Willi Management & Invs. Ltd October 20, 2016 YOSSI WILLI MANAGEMENT AND INVESTMENTS LTD (The 'Offeror') Updated and RevisedCash Offer Further to the announcement on September 20, 2016 of the cash ...
ASX/MEDIA RELEASE FOR IMMEDIATE RELEASE 20 October 2016 CROWN'S INTERNATIONAL VIP PROGRAM PLAY BUSINESS PERTH: Following today's Annual General Meeting, in response to enquiries regarding its international ...
ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 20 October 2016 RESULTS OF RESOLUTIONS AND PROXY VOTES CROWN RESORTS LIMITED 2016 ANNUAL GENERAL MEETING MELBOURNE: Crown Resorts Limited (ASX: CWN) announces ...
ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 20 October 2016 CROWN RESORTS LIMITED 2016 ANNUAL GENERAL MEETING CHAIRMAN AND CHIEF EXECUTIVE OFFICER ADDRESSES ROBERT RANKIN AND ROWEN CRAIGIE I will now ...
Crown Resorts Limited - 2016 Annual General Meeting Crown Resorts Limited Annual General Meeting 20 October 2016 1 Presentation Outline ◆F16 Year in Review Crown Resorts Limited ...
ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 20 October 2016 UPDATE ON MAJOR INITIATIVES TO ENHANCE SHAREHOLDER VALUE MELBOURNE: Crown Resorts Limited (ASX: CWN) ("Crown Resorts") today issued an ...