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1611 results for "australia"
James Packer Vote Saves Directors’ Skins at Crown Resorts AGM, Executive Pay Voted Down
Australian billionaire James Packer used his ownership clout Thursday to save three Crown Resorts directors up for reelection at the company’s annual general meeting. An influential organization told Crown Resorts' shareholders that...
Crown Resorts Chair Admits AML Breaches, Claims ‘Incompetence’
Crown Resorts chair Helen Coonan told a licensing suitability investigation in Sydney on Tuesday that she accepted her company had facilitated money laundering. But she blamed it on “ineptitude” rather than criminal...
Crown Resorts?Failed to Review?China Arrest Scandal, Says It Would Weaken Case in $100 Million Lawsuit
Crown Resorts has never held an internal review into the 2016 scandal that saw 19 of its staff detained in China for “gambling crimes.” That’s because the company is still facing a...
Shareholders Should?Boot Out Crown Directors for Bad Governance, Says Powerful Advisory Firm
Crown Resorts shareholders should oust three board directors at the company’s forthcoming annual general meeting next week in light of revelations that have emerged from a licensing suitability inquiry in New South...
James Packer Denies Being Pals with Junkets, Would Sell Crown Stake to Save License
On Thursday, James Packer denied claims he was on friendly terms with any junket operators. He added that he met with them only “rarely” in his former capacity as chairman of Crown...
James Packer Grilled About Imprisonment of Crown Resorts Staff in China, Won’t Accept Full Blame
Billionaire James Packer said Wednesday he was not aware that Crown staff were living in fear in China prior to their arrest and subsequent imprisonment for “gambling crimes” in 2016. Packer was...
James Packer: Bipolar Disorder Made Me Send ‘Shameful’ Threats
Crown Resorts billionaire James Packer told a licensing suitability hearing in New South Wales, Australia that he made threats to unnamed business executives five years ago because he was suffering from bipolar...
James Packer to Testify From Superyacht in Crown Resorts Suitability Inquiry
Australian billionaire James Packer will testify tomorrow in New South Wales (NSW) regarding Crown Resorts' suitability to hold a casino license in Sydney. He'll do so remotely from aboard his $200 million...
Macau Casinos Show Life, September Gaming Revenue Increases 66 Percent from August
Macau casinos reported gross gaming revenue (GGR) of MOP2.21 billion ($277 million USD) in September, a 90 percent year-over-year decline, but a significant surge in August. The Macau Gaming Inspection and Coordination...
Wife Killer Gets 10 Years for Stealing $4 Million to Fuel Gambling Habit
An Australian man who is currently serving a minimum of 23 years in a Perth prison for killing his wife has been sentenced to another ten years for fleecing victims of more...