Casino giant Crown Resorts has announced it will slash up to 1000 jobs amid a drop in tourists and tighter gaming restrictions on its key national venues. Chief executive Ciaran Carruthers revealed to staff on Monday that Crown Resorts would be restructuring its operations in Sydney, Melbourne, and Perth. TheContinue Reading
Australia’s largest casino operator Crown has been ordered to pay a record-breaking sum for breaches “too numerous to count” of anti-money laundering and counterterrorism laws. The financial crime watchdog AUSTRAC and Crown jointly filed in the Federal Court that the casino operator should pay a $450m penalty for 546 breachesContinue Reading
Sydneysiders have been urged to “hop on a train” and get back into the CBD, amid growing efforts to revive a city whose night-life has been decimated by lockout laws, Covid lockdowns, working from home and soaring inflation. Longer trading hours, reduced noise restrictions and loosened liquor laws could beContinue Reading
The head of Australia’s largest casino group says CBDs are facing a crisis, as he called for workers to return to the office. Ahead of an Economic Outlook forum to be hosted by Sky News and the The Australian at Sydney’s Crown on Friday, Crown Resorts chief executive Ciarán CarruthersContinue Reading