As of midday Monday, all registered and licensed clubs, hotels, pubs, casinos will be closed as part of Australia’s battle to fight the spread...
Aristocrat Entertainment is likely to emerge from the current crisis with a larger land-based footprint in the medium-term and may be well placed to expand through acquisitions of weaker rivals, JP Morgan said in a note.
A public hearing into probity and licensing issues related to Crown Resorts and Melco Resorts & Entertainment has been postponed due to the Covid-19 outbreak, local media reports.
Australia’s casinos are expected to be forced to close their doors later this week, prompting analysts at JP Morgan to slash their earnings forecasts for the operators.
Australia’s Crown Resorts said it was implementing social distancing measures at its Crown Melbourne property, deactivating every second gaming machine and electronic table game.