CWN.AX - Crown Resorts Limited

ASX - ASX Delayed price. Currency in AUD
12.85
+0.40 (+3.21%)
At close: 3:59PM AEDT
Stock chart is not supported by your current browser
Previous close12.45
Open12.58
Bid13.87 x 685600
Ask12.21 x 4372900
Day's range12.55 - 13.10
52-week range10.80 - 13.34
Volume2,104,678
Avg. volume1,533,821
Market cap8.852B
Beta1.11
PE ratio (TTM)5.00
EPS (TTM)2.57
Earnings date22 Feb. 2018
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2017-09-21
1y target est12.70
  • Crown shares rise on $700m divestment plan
    AAP2 days ago

    Crown shares rise on $700m divestment plan

    Shares in Crown Resorts have soared after the casino operator announced a string of asset sales that could deliver a windfall of nearly $700 million. The sales include two floors of its luxury Crown Sydney complex at Barangaroo to its largest shareholder, billionaire James Packer. The casino operator said, after the market closed on Thursday, that Mr Packer will pay $60 million for two residential floors of Crown Sydney, located above the mid-levels of the luxury high rise project that will include a casino for high rollers.

  • Packer pays $60m for Barangaroo residence
    AAP3 days ago

    Packer pays $60m for Barangaroo residence

    Crown Resorts has announced a string of asset sales that could deliver a windfall of nearly $700 million, including the purchase of two floors of its luxury Sydney development by James Packer. Mr Packer will pay $60 million for two residential floors of Crown Sydney at Barangaroo, which are located above the mid-levels of the luxury high rise project that will include a casino for high rollers. The company is also in talks with the management team of bookmaker CrownBet to sell its 62 per cent stake in the venture, which together with loans advanced by Crown to CrownBet would be for $150 million.

  • Shares in the newly minted $11 billion Tabcorp to start trading
    Motley Fool3 days ago

    Shares in the newly minted $11 billion Tabcorp to start trading

    The long-awaited merger between Tatts Group Limited (ASX:TTS) and Tabcorp Holdings Limited (ASX:TAH) is almost complete. Here’s more…

  • Can the share price of Crown Resorts Ltd bounce back in 2018?
    Motley Fool12 days ago

    Can the share price of Crown Resorts Ltd bounce back in 2018?

    What does Crown Resorts Ltd (ASX:CWN) have in common with Commonwealth Bank of Australia (ASX:CBA) and Sirtex Medical Limited (ASX:SRX)? The answer will help you decide if Crown is worth betting on in 2018.

  • Crown will defend against class action hit
    AAP13 days ago

    Crown will defend against class action hit

    Crown Resorts will "vigorously defend" Federal Court proceedings after the casinos operator was hit with a class action alleging it did not give shareholders enough information about risks it was taking in China. Law firm Maurice Blackburn on Monday filed the Federal Court action, saying the James Packer-controlled casino operator did not make timely and accurate disclosures to the market about activities that led to last year's arrest of 19 employees in China and the share price plunge. The current and former Crown Resorts staff, including three Australians, pleaded guilty to charges of illegal promotion of gambling on the Chinese mainland at a hearing in China in June.

  • Crown Resorts hit with class action
    AAP13 days ago

    Crown Resorts hit with class action

    Crown Resorts has been hit with a class action alleging it did not give shareholders enough information about risks it was taking in China. Law firm Maurice Blackburn on Monday filed the Federal Court action, saying the James Packer-controlled casino operator did not make timely and accurate disclosures to the market about activities that led to last year's arrest of 18 employees in China and a 14 per cent fall in its share price. Current and former Crown employees, including three Australians, pleaded guilty to charges of illegal promoting gambling on the Chinese mainland at a hearing in China in June.

  • 1 reason why I love these 2 shares
    Motley Fool16 days ago

    1 reason why I love these 2 shares

    Tourism will be a big boost to these 2 shares.

  • Crown Resorts Says It's in Talks on Online Betting Service Stake
    Bloomberg23 days ago

    Crown Resorts Says It's in Talks on Online Betting Service Stake

    Crown Resorts Ltd. said it’s in talks regarding its stake in an online betting service after a report that William Hill Plc held discussions on a potential deal.

  • Crown in talks on potential CrownBet deal
    AAP23 days ago

    Crown in talks on potential CrownBet deal

    Casinos operator Crown Resorts is in talks over the future of its stake in joint-venture online wagering business, CrownBet. Media reports say a merger between CrownBet and UK-based bookmaker William Hill could be on the cards. Crown Resorts has confirmed it is in talks over its 62 per cent stake in CrownBet.

  • AAP23 days ago

    Crown in talks over possible CrownBet deal

    Crown Resorts is in discussions over the future of its CrownBet joint venture amid reports a merger with UK-based bookmaker William Hill could be on the cards. The Australian casino operator has confirmed ...

  • New directors in latest Crown reshuffle
    AAP26 days ago

    New directors in latest Crown reshuffle

    Casino operator Crown Resorts has appointed two new non-executive directors to its board - the latest in a string of changes to the its leadership team this year. Jane Halton, former secretary of the Australian Department of Finance, joins the board immediately, subject to regulatory approval, while Toni Korsanos, current chief finance officer of global gaming company Aristocrat, will join the board once her existing commitments cease. The announcement is one of several leadership changes announced at Crown this year, following the company's decision to reduce its exposure to Macau and to focus on its Australian assets.

  • Crown changes board again by adding two
    AAP26 days ago

    Crown changes board again by adding two

    Crown Resorts has appointed two new non-executive directors to its board in the latest change to the casino operator's leadership team. Jane Halton, former secretary of the Australian Department of Finance, joins the board immediately, subject to regulatory approval, while Toni Korsanos, current chief finance officer of global gaming company Aristocrat, will join the board once her existing commitments cease. In January, just a year after stepping down, billionaire James Packer rejoined the board following trouble in China where some of Crown employees were detained accused of gambling crimes.

  • Crown appoints two new board members
    AAP26 days ago

    Crown appoints two new board members

    Crown Resorts has appointed two new non-executive directors to its board in the latest change to the casino operator's leadership team. Jane Halton, former secretary of the Australian Department of Finance, ...

  • Shares to profit from the Indian tourism boom
    Motley Foollast month

    Shares to profit from the Indian tourism boom

    The Indian economy is gaining traction and with the rising middle class, here are two stocks that could benefit.

  • How I’d invest $3,000 today
    Motley Foollast month

    How I’d invest $3,000 today

    The share market has done well recently, where to invest?

  • Which shares should you take a punt on for the Melbourne Cup?
    Motley Foollast month

    Which shares should you take a punt on for the Melbourne Cup?

    These shares could all be worth a bet.

  • Is Crown Resorts Ltd tail between its legs?
    Motley Fool2 months ago

    Is Crown Resorts Ltd tail between its legs?

    Crown Resorts Ltd (ASX:CWN) might be a top dog in Australia’s gaming industry. But is its tail between its legs?

  • How I’d invest $10,000 today
    Motley Fool2 months ago

    How I’d invest $10,000 today

    If I had $10,000 to invest today, here’s how I’d do it.

  • Packer slams Crown accusations as 'a lie'
    AAP2 months ago

    Packer slams Crown accusations as 'a lie'

    Billionaire James Packer has labelled serious misconduct allegations made in parliament against casino operator Crown Resorts as "a lie", while defending the gambling business under questioning from a former poker machine addict. Mr Packer, who is Crown's biggest shareholder and recently rejoined the Crown board, attended the company's annual general meeting on Thursday and said Crown is open to improving industry transparency on problem gambling and poker machine profits. "If I see or hear a poker machine accidentally, because I don't go anymore, they still have the power to trigger my brain," Ms Bardsley said.

  • AAP2 months ago

    The Star ready for Crown Sydney challenge

    The Star Entertainment chairman has dismissed the threat posed by the billion dollar Crown Resorts Barangaroo project, which is due to open its doors in 2021. The 75-floor casino and hotel was described by Crown director and controlling shareholder, James Packer in May as having a strict members policy that caters predominantly to the international and domestic VIP market. Mr O'Neill said retention of key personnel is at the top of Star's preparations.

  • China detentions narrowed Crown's focus
    AAP2 months ago

    China detentions narrowed Crown's focus

    BIllionaire James Packer says it was the detention of Crown Resorts employees in China that was behind the casino company's change in strategy from a global to an Australian focus. Mr Packer, who is Crown's biggest shareholder and recently returned to the company's board, told Crown's annual general meeting that the company was affected by the detention of 19 employees, who later pleaded guilty to charges of illegal promotion of gambling in mainland China. "That forced the Crown directors' hand in a large degree in relation to Macau," Mr Packer said.

  • Crown boss repeats Wilkie condemnation
    AAP2 months ago

    Crown boss repeats Wilkie condemnation

    Crown Resorts boss John Alexander has repeated his condemnation of allegations of misconduct made against the casinos operator by federal independent MP Andrew Wilkie and called on him to give any information of alleged wrongdoing that he has to authorities. Mr Alexander also welcomed billionaire James Packer, who ignored reporters on his way into the meeting at Melbourne's Crown Casino, back onto the Crown board. Mr Alexander also told shareholders at the company's annual general meeting on Thursday that Crown had no comment on the detention and subsequent release of employees who were detained in China.

  • Here’s how to cash in on the tourism boom
    Motley Fool2 months ago

    Here’s how to cash in on the tourism boom

    Australia and New Zealand are both experiencing large growth in the number of international arrivals.

  • AAP2 months ago

    Crown AGM has added interest, new problem

    This year's Crown Resorts annual general meeting will be a very different occasion to last year's shareholder event: it will feature returned billionaire James Packer as a director, a different chairman, a changed company focus, and a new problem. At the last AGM in October, 2016, Robert Rankin was the casino operator's chairman, Rowen Craigie was chief executive, and Mr Packer, Crown's biggest shareholder, had quit the board. Crown dropped the demerger plans, sold its interests in China, chief executive Rowen Craigie and chairman Robert Rankin departed, John Alexander became executive chairman, and Mr Packer returned to the board.

  • Fourth casino witness comes forward
    AAP2 months ago

    Fourth casino witness comes forward

    A fourth Crown Casino whistleblower has come forward with allegations of poker machine tampering, federal parliament has been told. Independent MP Andrew Wilkie asked Prime Minister Malcolm Turnbull in parliament on Tuesday whether he would support a parliamentary inquiry into Crown. Mr Wilkie said the fourth whistleblower had produced names of Crown staff who told him to modify machines, which had been referred to police.