CWN.AX - Crown Resorts Limited

ASX - ASX Delayed price. Currency in AUD
13.05
+0.55 (+4.40%)
At close: 4:10PM AEDT
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Previous close12.50
Open12.87
Bid13.20 x 10000
Ask13.00 x 55200
Day's range12.76 - 13.19
52-week range10.80 - 13.80
Volume129,200
Avg. volume1,268,821
Market cap8.989B
BetaN/A
PE ratio (TTM)5.08
EPS (TTM)2.57
Earnings date22 Feb 2018
Forward dividend & yield0.50 (5.97%)
Ex-dividend date2017-09-21
1y target est12.95
  • The Wall Street Journal3 months ago

    [$$] Crown Resorts Vows to Defend Against Class Action on China Arrests

    A new lawsuit alleges Crown Resorts Ltd. misled investors about the risks involved in its efforts to woo Chinese high-rollers, the latest fallout for the Australian casino operator after its employees ...

  • Reuters3 months ago

    Shareholders sue Australia's Crown Resorts over China marketing

    Australian casino operator Crown Resorts Ltd (CWN.AX) was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price. The company part-owned by billionaire businessman James Packer said it would defend itself against the allegations contained in the suit, filed on behalf of shareholders who invested between Feb. 6, 2015 and Oct. 16, 2016. On Oct. 17, 2016, Crown shares fell almost 14 percent on the news that almost 20 employees had been arrested in China for marketing gambling trips to Macau.

  • Reuters3 months ago

    Australia's CrownBet won't oppose Tabcorp's Tatts takeover

    Tabcorp's offer for the lottery owner was cleared by an Australian tribunal earlier this month and CrownBet has agreed not to apply for judicial review of the tribunal's decision, the company said in a statement. Under an agreement with CrownBet, Tabcorp said it will supply a digital stream of horseracing channels SKY 1 and SKY 2 to CrownBet for the personal use of its Australian wagering customers on their mobile and PC devices. CrownBet, majority-owned by casino giant Crown Resorts (CWN.AX), earlier this year began legal proceedings over the authorisation of the Tatts takeover by the Australian Competition Tribunal.

  • Reuters3 months ago

    Deals of the day-Mergers and acquisitions

    (Adds Paddy Power Betfair, Mediaset ; Updates Freeport-McMoRan) Nov 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** A possible accord between ...

  • Exclusive - Paddy Power Betfair, William Hill hold deal talks with CrownBet
    Reuters3 months ago

    Exclusive - Paddy Power Betfair, William Hill hold deal talks with CrownBet

    LONDON/SYDNEY (Reuters) - Paddy Power Betfair (PPB.I) and William Hill (WMH.L) have separately held talks about a deal with Australia's CrownBet as UK-focused gambling companies seek to expand overseas to offset tougher regulations in Britain. Dublin-based Paddy Power Betfair, which is listed on London's FTSE 100 index (.FTSE) and runs betting shops in Britain and Ireland, has had discussions with CrownBet, the online gambling firm that is 62 percent-owned by Crown Resorts (CWN.AX), two people familiar with the matter told Reuters.

  • Reuters - UK Focus3 months ago

    Paddy Power enlivens UK FTSE, housebuilders fall

    British shares on Friday ended Black Friday just slightly lower, with Paddy Power leading winners against a strong pound, which was poised to rise for a third consecutive week amid growing hopes that Brexit ...

  • Exclusive: Paddy Power Betfair, William Hill hold deal talks with CrownBet
    Reuters3 months ago

    Exclusive: Paddy Power Betfair, William Hill hold deal talks with CrownBet

    LONDON/SYDNEY (Reuters) - Paddy Power Betfair and William Hill have separately held talks about a deal with Australia's CrownBet as UK-focused gambling companies seek to expand overseas to offset tougher regulations in Britain. Dublin-based Paddy Power Betfair, which is listed on London's FTSE 100 index and runs betting shops in Britain and Ireland, has had discussions with CrownBet, the online gambling firm that is 62 percent-owned by Crown Resorts, two people familiar with the matter told Reuters.

  • Exclusive: Paddy Power Betfair, William Hill hold deal talks with CrownBet
    Reuters3 months ago

    Exclusive: Paddy Power Betfair, William Hill hold deal talks with CrownBet

    LONDON/SYDNEY (Reuters) - Paddy Power Betfair and William Hill have separately held talks about a deal with Australia's CrownBet as UK-focused gambling companies seek to expand overseas to offset tougher regulations in Britain. Dublin-based Paddy Power Betfair, which is listed on London's FTSE 100 index and runs betting shops in Britain and Ireland, has had discussions with CrownBet, the online gambling firm that is 62 percent-owned by Crown Resorts, two people familiar with the matter told Reuters.

  • Reuters3 months ago

    Exclusive - Paddy Power has held talks about potential deal with CrownBet: sources

    LONDON (Reuters) - Paddy Power Betfair (PPB.I), the FTSE 100 gambling company, has held talks to explore a possible tie-up with Australia's CrownBet, the online betting unit of Crown Resorts, two sources ...

  • Reuters3 months ago

    Exclusive: Paddy Power has held talks about potential deal with CrownBet - sources

    LONDON (Reuters) - Paddy Power Betfair, the FTSE 100 gambling company, has held talks to explore a possible tie-up with Australia's CrownBet, the online betting unit of Crown Resorts, two sources familiar ...

  • Crown Resorts Says It's in Talks on Online Betting Service Stake
    Bloomberg3 months ago

    Crown Resorts Says It's in Talks on Online Betting Service Stake

    Crown Resorts Ltd. said it’s in talks regarding its stake in an online betting service after a report that William Hill Plc held discussions on a potential deal.

  • Reuters4 months ago

    Australia's Crown hit by accusations of poker machine-fixing, shares tumble

    Australia's Crown Resorts Ltd was accused of tampering with poker machines on Wednesday when a lawmaker tabled a video of whistleblowers in parliament, sending shares in the casino firm sliding. The allegations, which Crown has denied, prompted gambling authorities in the state of Victoria, where its flagship casino is located, to say they would launch an investigation. Independent lower house member and anti-gambling campaigner Andrew Wilkie used parliamentary privilege, which lets lawmakers make sensitive allegations without legal repercussions, to make the video public.

  • Australian casino denies lawmaker's criminal allegations
    Associated Press4 months ago

    Australian casino denies lawmaker's criminal allegations

    CANBERRA, Australia (AP) — A lawmaker on Wednesday accused a major Australian casino company of rigging slot machines and concealing potential money laundering at its largest casino with the state regulator covering up criminal behavior.

  • Gaming giant Crown faces misconduct claims in Australia
    AFP4 months ago

    Gaming giant Crown faces misconduct claims in Australia

    Crown is accused of rigging machines to work in its favour while the whistleblowers also said staff were encouraged to use different ID cards for certain transactions to avoid the scrutiny of Australia's ...

  • Australia's Crown hit by accusations of poker machine-fixing, shares tumble
    Reuters4 months ago

    Australia's Crown hit by accusations of poker machine-fixing, shares tumble

    Australia's Crown Resorts Ltd (CWN.AX) was hit by allegations of tampering with poker machines on Wednesday when a lawmaker tabled a video of whistleblowers in parliament, sending shares in the casino firm sliding. Independent lawmaker and anti-gambling campaigner Andrew Wilkie used parliamentary privilege, which allows lawmakers to make sensitive allegations without legal repercussions, to make the video public and call for an investigation by authorities. On the recording, unidentified people accuse Crown's flagship casino in Melbourne of fixing poker machines to remove built-in controls designed to regulate gambling rates.

  • Crown Hit by Slot-Machine Tampering Claims After China Turmoil
    Bloomberg4 months ago

    Crown Hit by Slot-Machine Tampering Claims After China Turmoil

    An Australian lawmaker is demanding parliament and police probe claims that Crown Resorts Ltd. illegally tampered with slot machines, a potential setback for the company controlled by billionaire James ...

  • Australia's Crown says all staff held in China now free
    AFP6 months ago

    Australia's Crown says all staff held in China now free

    Australia's Crown Resorts said Monday that China had released all of the casino group's employees who were detained as part of a gambling crackdown last year

  • Australia's Crown profits hurt by high-roller revenue plunge
    AFP7 months ago

    Australia's Crown profits hurt by high-roller revenue plunge

    Crown Resorts, which operates casinos across Australia and around the world, has undertaken a restructure amid China's crackdown on gambling promotions which has driven away many big-spenders and hurt ...

  • Chinese court jails Australian Crown Resorts staff in gambling case
    AFP8 months ago

    Chinese court jails Australian Crown Resorts staff in gambling case

    Crown operates casinos across Australia and the world, although this year it has undergone restructuring amid China's gambling crackdown, which has driven away many big-spenders and hurt revenues

  • Chinese court convicts Australians in Crown gambling case: consul
    AFP8 months ago

    Chinese court convicts Australians in Crown gambling case: consul

    Crown operates casinos across Australia and the world, although this year it has undergone restructuring amid China's gambling crackdown, which has driven away many big-spenders and hurt revenues

  • Australia's Crown Resorts staff face trial in China
    AFP8 months ago

    Australia's Crown Resorts staff face trial in China

    Crown operates casinos across Australia and the world, although this year it has undergone restructuring amid China's gambling crackdown, which has driven away many big-spenders and hurt revenues

  • Crown staff charged in China gambling crackdown
    AFP8 months ago

    Crown staff charged in China gambling crackdown

    Crown Resorts operates casinos across Australia and the world, although it has this year undertaken a restructure amid China's gambling crackdown which has driven away many big-spenders and hurt revenues...

  • Australia's Crown completes Macau gaming exit
    AFP10 months ago

    Australia's Crown completes Macau gaming exit

    Australian casino operator Crown Resorts has suffered from weakening demand in Macau following a Chinese corruption crackdown

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