Australia
Crown suffers drop in revenues

Crown Resorts, a casino operating company based in Australia, has reported a drop in revenues for the year ended 31 December 2018.
The company posted a revenue of AU$1.536m, (€969.9m), a decrease of 1.2 per cent. The EBITDA was AU$408.9m, (€258.1m), small hike of 0.5 per cent.
Crown Melbourne is the flagship resort of the company. Crown Perth and Crown Aspinalls in London are the other major casinos. The EBITDA from London resort dropped by 36.4 per cent cent. “This reflects continued difficult tradition conditions across the London high-end casino market,” John Alexander, chairman, said.
He pointed out that Australian operations in the first half reflected mixed trading conditions and there was modest revenue growth in Melbourne, offset by continued soft performance in Perth. Crown Digital, the wagering and online social gaming operations, comprising Betfair Australasia and DGN Games was down 14.7 per cent at AU$7.5m (€4,7m). The figures also included the consolidated operating results of CrownBet, which was sold in February of last year.
-
Latest News6 days ago
PG Soft releases fantasy-inspired Jack the Giant Hunter slot
-
Africa6 days ago
Jelly Entertainment Enters into Partnership with betPawa
-
Latest News6 days ago
MGA Publishes its 2024 Annual Report and Financial Statements
-
Asia6 days ago
Nazara Publishing Launches Pokerverse VR
-
Latest News6 days ago
Kambi and JOI gaming (JVH gaming & entertainment group) announce multi-year online sportsbook partnership extension
-
Asia5 days ago
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and COO
-
Interviews6 days ago
HIPTHER Community Voices: Interview with Dr. Maria Loumpourdi, founder and Managing Director of Made From Within
-
Affiliate Industry6 days ago
Meet MegaList: The Rising Force in iGaming Affiliation