Casinos
Former Virgin boss named new chair of Crown Resorts
John Borghetti will take the chair as the casino operator has passed its regulatory hurdles and now has to find a way to become financially profitable.
- by Amelia McGuire
Latest
Two casinos, one dream: the battle for Sydney’s gamblers
One casino has been approved to operate, but is laying off staff. The other has just emerged red-faced from an inquiry that may result in losing its licence. Is it possible for casinos to turn a profit in the brave new regulatory world?
- by Harriet Alexander and Amelia McGuire
The Star not suitable for licence in any circumstance, inquiry told
Counsel assisting Caspar Conde said there is no indication the casino giant is fit to be given a licence, even under the eye of a special manager.
- by Amelia McGuire
Updated
The Star Entertainment Group
Hard Rock denies it’s looking at The Star
Hard Rock said it was considering taking legal action after The Star said it was briefly in talks with its local outfit regarding a potential takeover.
- by Amelia McGuire
Opinion
Opinion
The kindest thing to do with Star is to find it a new owner
There will always be jackals milling around a smelly corporate carcass. But none will want to pay top dollar for this one.
- by Elizabeth Knight
The Star lights up as target with casino licence still in balance
The struggling casino operator’s shares have jumped 20 per cent after it revealed a consortium of parties had flagged interest in buying it.
- by Amelia McGuire
Billion-dollar casino backer takes legal action to kill story
A wealthy family company based in Hong Kong was cleared to operate a casino in Australia. But it does not want media coverage of a report into its suitability.
- by Harriet Alexander, Amelia McGuire and Sean Parnell
‘Leaderless and depleted’ Star not ready for casino licence, inquiry told
Counsel assisting the NSW inquiry into The Star said it was clear the casino was not ready to operate independently and it should remain under external management.
- by Amelia McGuire
Crown’s $90m sky home, languishing on the market, gets a $10m discount
Call it opulent, elevated, expensive – but the luxury home set high in Crown Resorts’ skyscraper can’t yet be called “sold”.
- by Swati Pandey
Updated
The Star Entertainment Group
The Star’s chairman ousted following inquiry fallout
The implosion of The Star Entertainment Group has continued with the departure of newly minted chair David Foster.
- by Amelia McGuire and Colin Kruger
Crown to cut 1000 jobs in latest restructure
The company on Monday confirmed it make 1000 staff redundant at its Melbourne, Sydney and Perth casinos due to poor trading conditions.
- by Amelia McGuire