Crown Resorts Limited (CWN)
All research reports and stock updates for Crown Resorts Limited.
Research Reports
The big MAC
Blackstone is edging towards completion of its takeover of Crown Resorts. But such is the animosity towards the casino group, not the deal, that roadblocks and hurdles keep appearing.
Crown falls
The regulatory ructions have not gone away, but with the Crown Board accepting Blackstone’s bid for the company, it seems likely James Packer will fold his cards too.
Sydney bling on show
In the spirit of the season of goodwill, Crown Resorts escorted analysts around its spectacular Sydney property at Barangaroo. The surprise factor was the potential for an earlier than expected opening date, more initial gaming than anticipated and potential for gaming capacity increases over time.
Will Crown fold this time?
Blackstone, which already owns 9.99% of CWN, has made a third bid for the rest of Crown Resorts. The bid is craftily timed with the WA Royal Commission yet to be completed, and the Victorian Royal Commission findings still fresh off the judicial bench.