News
Australia’s Crown Resorts leaves Las Vegas, sells down Macau
December 15, 2016 by publisher · Leave a Comment
By Byron Kaye and Jonathan Barrett SYDNEY (Reuters) – Australia's No. 1 casino company Crown Resorts Ltd is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray. The retreat from overseas casinos shows the impact the Chinese government's anti-graft campaign is having on casino…
Excerpt from:
Australia’s Crown Resorts leaves Las Vegas, sells down Macau