CWN News: Crown Resorts loss widens as pandemic, regulatory costs weigh - 17th Feb 2022, 9:29am

zeeb0t

Administrator
Staff member
By Harish Sridharan

(Reuters) - Australia's biggest casino operator Crown Resorts Ltd reported on Thursday a third consecutive half-yearly loss, as long spells of pandemic-related restrictions and regulatory costs continued to hurt operations.

The company, which recently backed a $6.5 billion offer from private-equity firm Blackstone Inc, is struggling to rebuild its image following multiple enquiries after allegations it enabled money laundering at its casinos.

A Victoria state enquiry last ...

>>> Read more: Crown Resorts loss widens as pandemic, regulatory costs weigh
 
Top Bottom