Crown Perth

    Crown Perth is a resort and casino located in Perth, in Western Australia. The resort consists of a casino, a convention centre, theatre, and two ballrooms, along with 32 restaurants and bars, a night club and recreational facilities.

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    Crown Perth cuts 200 jobs in wake of falling revenues

    Australia-listed Crown Resorts has cut more than 200 jobs at its Perth operations as falling VIP patronage and reduced profits put pressure on earnings, local media reports. The company confirmed the redundancies on Tuesday to Western Australia news outlet, PerthNow. “A priority of ours is to support those affected by these changes. 5,500 people continue […]

    Jimei secures junket deals in Australia and Cambodia

    HK-listed Jimei International Entertainment Group said it had entered into junket agreements with Australian and Cambodian casinos last year, according to its 2015 annual report. In February 2015, the junket investor signed an arrangement with Crown Perth to promote approximately 8 to 10 gaming tables at the Crown Perth Casino. In May, the group also […]

    WA Premier plans to lift restrictions on cruise ship casinos

    Western Australia’s Premier, Colin Barnett wants to lift the ban that prevents gambling on cruise ships within 12 nautical miles of the WA coast, The West Australian reports. The Premier is also wants to lift restrictions that currently prevents cruises that only operate between WA ports from opening casinos for passengers. Barnett said the ban […]

    Crown Resorts reports varied performance across businesses in 2015

    Crown Resorts Limited reported a net profit of A$205 million (US$147.7 million) for the half year ended Dec. 31, 2015, down 22.1 percent compared to the same period in 2014. The result was impacted by growth in Australian operations and a decline in contribution from Crown’s Macau venture.   “The 2016 first half results across […]

    Jimei in profit in 15H1 as new businesses take off

    Jimei International reported net profit of HK$52.8 million ($6.8 million) for the six months ended 30 June, compared to a loss of HK$8.3 million in the same months the year before.  The profit for the six months this year was mainly driven by the company’s newly established entertainment and gaming business. In February, Jimei started […]

    Iao Kun completes transaction to enter Australia

    Iao Kun Group Holdings said it has completed a transaction that will allow the VIP room gaming promoter to begin operations in Australia in Crown Resorts’ Melbourne and Perth casinos. The Hong Kong-listed company said it has completed the purchase of all the profit interests of Lou Kan Kuong. The seller, who is also linked […]

    Crown raises $630 million with Notes II

    Crown announced that it has successfully raised $630 million after issuing 6.3 million subordinated notes at an issue price of $100 per note. The proceeds of the company’s Notes II offer will be used for general corporate purposes including financing Crown Sydney, Crown Towers Perth and other anticipated projects. “Notes II are expected to commence […]

    Iao Kun Group expands Australia operations

    Iao Kun Group Holdings, which operates through its subsidiaries as VIP room gaming promoter, announced it has entered into a non-binding memorandum of understanding to acquire all of the profit interests of Lou Kan Kuong  who will act as a junket operator for both Crown Perth Casino and Crown Melbourne Casino. In an announcement, Iao […]
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