For months, Brisbane politicians have been weighing the pros and cons of opening up a new casino in the city. Now, the state government has made the decision infinitely easier. This week, Premier Campbell Newman announced that Queensland will be handing out a total of three new casino licenses. At the moment, Echo Entertainment and[…]
Last year, Crown Casinos spent $750 million to renovate Crown Perth. It was one of the operator’s more expensive undertakings, but it was certainly worth it. This week, Crown Casinos reports a substantial increase in profits thanks to the refurbishment of the casino. “Crown Perth’s revitalised offerings add a new dimension to Perth’s tourist offering,”[…]
Sydney’s new high-roller casino may be exempt from the public smoking ban, as Crown Casinos CEO aims to appease VIP gamblers. His proposal for the new venue states that it is essential for the gaming floor to permit smoking, but health officials are not convinced that this is a good idea. For the past decade,[…]
Crown Casino is the victor in its bitter battle against Echo Entertainment. Over the course of the past month, the two casinos operators have vied for the opportunity to expand Sydney’s gambling market, and Crown Casino’s proposal has been chosen. This likely comes as devastating news for Echo Entertainment, which will be forced to give[…]
NSW Premier Barry O’Farrell has not decided whether Echo Entertainment or Crown Casinos will build Sydney’s new gambling venue, but James Packer think he has won this battle already. The Crown Casinos CEO has recently released three sketches of potential designs for the high roller casino, indicating that he is confident that his proposal will[…]
For months, James Packer and Crown Casinos have been wooing local politicians with plans to build a new high-roller casino in Bangaroo. The plan is close to being given the green light but, unfortunately, for Packer, legal problems in Taiwan could have adverse effects on the plan. Last week, Melco Crown, a joint-venture casino in[…]
Crown Casino seems to have wooed most Sydney politicians with its plans to build a new high-roller casino in Bangaroo. However, there are some political figures that are not yet convinced, and they require some unbiased examination before they show their support for the plan. Sydney MP Alex Greenwich has written to the Office of[…]
Last year, Australia’s most popular casino found itself embroiled in a damaging scandal as former Managing Director Sid Vaikunta was accused of sexually harassing staff. Now, Vaikunta is gone, but The Star’s tarnished reputation remains. Now, John Redmond has taken on the role of Echo Entertainment’s new chief executive, and he has charged himself with[…]
Echo Entertainment is having its exclusivity threatened by threats that Crown Casinos will be building a new casino in Bangaroo in 2019. If the local government gives James Packer the go-ahead, The Star will no longer be the only casino on Sydney’s waterfront, and the two companies will compete for players. To prevent this from[…]
This week, Crown Casinos finalized its plans to build a new casino in Sydney and the news has covered headlines across the country. It has completely overshadowed Echo Entertainment’s announcement that it would be building a new casino in Brisbane, which also seems to be foreshadowing how the business will fare when it is launched.[…]
Crown Casinos, owned by gambling mogul James Packer, recently launched an initiative to draw Asian gamblers to the Australian casino brand. The hard work seemed to have paid off, as the company is looking at an impressive 25% jump in profits. As such, 2011, was a record year for Crown Casinos, which earned $634 million.[…]
Casino development seems to be a priority for Australian politicians, as improving the gaming market would also present a boost to the local economy. In addition to James Packers plans to build a new casino in Bangaroo, Premier Campbell Newman has also suggested that a new casino be built in Brisbane. Currently, the local government[…]
James Packer of Crown Casinos has stated that one of his key strategies for the success of his gambling venues is attracting Asian gamblers. However, this strategy could have implications for the Asian community, which have yet to be explored. A recent report by the Special Broadcasting Services takes a look at the potential harm[…]
For the first time ever, Melbourne will be hosting the World Series of Poker in 2013. PokerStars, the sponsor of the prestigious event, has signed a multi-year deal with the Crown Melbourne, planning to bring the World Series of Poker to the casino for years to come. Next year, the Australian World Series of Poker[…]
Crown Casinos has reported a 53% in its profits, but the impressive financial boost has failed to impressive the casino operator. Crown blames renovations and the waning economy for the less-than-expected profit jump. Crown operates casinos in Asia and Australia, and the economies in both countries have softened over the course of the past year.[…]
It is common knowledge that gambling is one of the most effective ways to boost a city’s economy – but James Packer’s new casino will help to ensure that the local economy thrives. According to a recent report, the new $1 billion Crown Casino and Hotel will generate $440 million for the local economy. While[…]
James Packer of Crown Casinos is getting closer to realizing his dream of opening a $1 billion luxury casino in Bangaroo. He has recently struck a deal with Lend Lease, the company that owns the development rights for the area, which has prompted Packer to reveal his plans for the new gambling venue. The new[…]
Echo Entertainment chairman John Story has been forced into resigning, after Crown Casinos owner James Packer spent months campaigning for it. The situation seemed to be settled earlier this week, when Packer called off a shareholders meeting, during which members would vote on the issue; however, Echo Entertainment requested his resignation, claiming that the controversy[…]