Australian gaming operator Crown Resorts has reported an AU$199 million ($125.18 million) loss for last financial year, according to reports.
The company published its new results on Wednesday, reversing a near AU$1 billion ($629.06 million) loss in financial 2019, when the company was in the midst of a AML/CFT compliance remediation.
A company rep told media that Crown had since made “considerable progress on its remediation and transformation plan”.
In total, some AU$2.7 billion ($1.69 billion) was generated in revenue during the financial year, ended June 30th, up 44 percent yearly.
Crown Melbourne contributed some AU$1.4 billion ($880.68 million) in revenue, with Crown Perth adding some AU$854 million ($537.22 million) and the newly opened Crown Sydney banking AU$271 million ($170.48 million).