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Daily Asia Gaming eBrief: Crown CEO “always confident” in retaining casino licenses

Good MorningCrown Resorts has been through the battle but has emerged, largely, unscathed. CEO Ciarán Carruthers tells AGB that he was “extremely confident” the group would retain its Sydney and Melbourne casino licenses, as hundreds of millions were spent on remediation efforts, and the entire corporate culture was revamped. Meanwhile, in Macau Wynn’s revenue has soared in the first quarter, with both its Cotai and peninsular properties seeing gains. And in sports betting, illegal platforms are threatening the sport’s integrity, says the AFR.

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Crown Resorts CEO: “always confident” in retaining licenses

The CEO of Crown Resorts, speaking exclusively to AGB, says that he was always “extremely confident” that the company would be able to retain its casino licenses in both Melbourne and Sydney. Ciarán Carruthers notes the hundreds of millions put into its total revamp of its corporate culture, but that those challenges have now been “dealt with”, now looking ahead to a result on Crown Perth in about a year.


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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