In less than three weeks, exactly one year will have passed since Crown Resorts’ disastrous criminal entanglement in Macau, but financial fallout from the high-profile arrests and incarcerations continues.
Seventeen nominations were taken for the race with a maximum field of 13 runners (plus four emergencies) to run. Included among the nominations are the horse she beat home in last year’s Cox Plate, Hartnell, as well as Caulfield Guineas winner Divine Prophet, Thousand Guineas winner Global Glamour and Crown Oaks winner Lasqueti Spirit.
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Crown Resorts has just been through a tough 12 months after Chinese authorities arrested 18 employees for marketing gambling services which is banned in Mainland China. Crown Resorts shares plunged and the company decided to proceed with a major overhaul by shutting down a number of international offices and dropping all plans of international expansion.
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We are also expanding our source markets and sales teams to cover a broader international footprint – with Premium Mass guests visiting from 13 countries in FY2017 – and we continue to assess the North Asian VIP business.”
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