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,[…]
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 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[…]
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[…]
Local gambling mogul James Packer believes that building a second casino in Sydney would greatly benefit the population at large; however, public opinion varies. From healthcare professionals to tourism experts, everyone seems to have a differing opinion on how beneficial a new casino in the area would be. One of main concerns about building a[…]
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[…]