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Crown Resorts
Australian gambling and hospitality company
For pre company history, see Publishing & Broadcasting Limited.
Crown Resorts Limited is an Australian gaming and entertainment group that owns and operates various entertainment complexes, including Crown Melbourne, Crown Perth and Crown Sydney.
It was listed on the Australian Securities Exchange until purchased by Blackstone in June
History
s
The company was established in when Publishing & Broadcasting Limited (PBL) divested its gambling assets to Crown Limited.
PBL was renamed Consolidated Media Holdings, retaining all of the remaining assets.[4]
In December , Australian gambling company Crown Limited agreed to buy Cannery Casino Resorts (CCR) for $ billion.[5] The agreement was ended in March , however, with Crown instead buying a percent stake in the company for $ million, and paying a $50 million termination fee.[5]
In , Crown attempted to enter the Las Vegas gam