CASINOS – VICTORIA

Crown, Star close every second pokie to keep punters apart

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Original article by Jared Lynch
The Australian – Page: 19 : 17-Mar-20

Crown Resorts will shut down every second poker machine and electronic gaming table at its Melbourne casino complex. This follows the decision by Victorian Premier Daniel Andrews to declare a state of emergency, in order to try and curtail the spread of the coronavirus. The shutting of poker machines and electronic gaming tables is one of a number of social distancing measures that Crown will adopt at its Melbourne complex, with its social distancing policy being approved by the Victorian Chief Health Officer. Star Entertainment is shutting down half of the poker machines and electronic gaming tables at its Pyrmont casino in Sydney.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, THE STAR ENTERTAINMENT GROUP LIMITED – ASX SGR

Financiers torpedo Crown tower project

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Original article by Nick Lenaghan
The Australian Financial Review – Page: 33 : 5-Mar-19

Crown Resorts has not been able to secure an extension from the Victorian Government for a planning permit for a proposed hotel and apartment tower in Melbourne’s CBD. Crown had proposed to build the $1.75 billion tower opposite its casino under a joint venture with Schiavello Group. Under the terms of their planning permit, Crown and Schiavello had two years to commence development before the permit expired. However, they were unable to secure suitable financing arrangements for the tower, which would have been the tallest in Australia.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, SCHIAVELLO GROUP PTY LTD, VICTORIA. DEPT OF ENVIRONMENT, LAND, WATER AND PLANNING, WILKINSON EYRE ARCHITECTS

Accusations ‘will hinder’ Crown probe

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Original article by Andrew Tillett
The Australian Financial Review – Page: 5 : 19-Oct-17

Justice Minister Michael Keenan says AUSTRAC will investigate allegations that casino operator Crown Resorts has breached anti-money laundering laws. However, law enforcement officials have expressed concern that any case against Crown could be jeopardised after independent MP Andrew Wilkie raised the allegations in parliament. Amongst other things, he said former Crown employees had claimed that the company’s casino in Melbourne has evaded financial transaction laws and modified its poker machines to ensure lower payouts.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, VICTORIAN COMMISSION FOR GAMBLING AND LIQUOR REGULATION