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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Crown Resorts Limited    CWN   AU000000CWN6

CROWN RESORTS LIMITED

(CWN)
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Crown Resorts : Australia's Crown Resorts to stop dealings with gambling tour operators without licences

11/16/2020 | 07:29pm EST

Nov 17 (Reuters) - Australian casino giant Crown Resorts Ltd said on Tuesday it would permanently stop dealing with all gambling tour operators, unless they were licensed and approved by all gaming regulators in the states the company operates in.

An inquiry was called by the casino regulator of New South Wales state after 2019 media reports accused Crown of dealing with gambling tour - or "junket" - operators with links to organised crime to bring Chinese high rollers to its current flagship asset in Melbourne.

In September 2020, Crown suspended all activity with these operators until June 2021 to undertake a review of its dealings with them. (Reporting by Rashmi Ashok in Bengaluru; Editing by Himani Sarkar)


© Reuters 2020
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Financials
Sales 2021 1 643 M 1 258 M 1 258 M
Net income 2021 -33,0 M -25,2 M -25,2 M
Net Debt 2021 838 M 642 M 642 M
P/E ratio 2021 -206x
Yield 2021 1,98%
Capitalization 6 650 M 5 111 M 5 095 M
EV / Sales 2021 4,56x
EV / Sales 2022 2,39x
Nbr of Employees 12 166
Free-Float 53,9%
Chart CROWN RESORTS LIMITED
Duration : Period :
Crown Resorts Limited Technical Analysis Chart | CWN | AU000000CWN6 | MarketScreener
Technical analysis trends CROWN RESORTS LIMITED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 10,13 AUD
Last Close Price 9,82 AUD
Spread / Highest target 16,9%
Spread / Average Target 3,15%
Spread / Lowest Target -17,5%
EPS Revisions
Managers and Directors
NameTitle
Kennneth M. Barton Chief Executive Officer, MD & Executive Director
Helen Anne Coonan Chairman
Alan McGregor Chief Financial Officer
Michael Roy Johnston Non-Executive Director
John Stephen Horvath Deputy Chairman
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