|Bid||8.91 x 0|
|Ask||8.92 x 0|
|Day's Range||8.78 - 9.25|
|52 Week Range||8.06 - 13.32|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||13.60|
Crown said it would keep assessing the value that has been underpaid, adding that the Victorian Commission for Gambling and Liquor Regulation (VCGLR) would also provide a final amount owed to the state after its review is completed by Oct. 15. Victoria state last month gave additional time and funding to the Royal Commission that is probing Crown Melbourne to look into its corporate culture and claims of underpaid casino tax. The Royal Commission, Australia's most powerful type of public inquiry, will ultimately determine if Crown can hold its Melbourne casino licence, while the company works towards getting its Sydney licence back.
The move comes after Victoria state last month said it would give additional time and funding to a separate Royal Commission that is probing Crown's operations in that state, to allow it to investigate a wider range of matters. The ongoing inquiries into Crown are to assess its fitness for holding gambling licences in various Australian cities after media accused the company, one-third owned by billionaire James Packer, of ties to money laundering. A final report from Western Australia was initially expected in mid-November, but will now be delivered on March 4, 2022.
(Bloomberg) -- Crown Resorts Ltd., facing a potential shutdown of its entire Australian casino empire, lost a lifeline on Friday after its closest rival withdrew a A$12 billion ($9 billion) merger proposal.Star Entertainment Group Ltd. scrapped its planned union after allegations of tax evasion and weak money-laundering controls at Crown, aired at a public inquiry, put the future of its competitor’s flagship Melbourne casino in doubt. Lawyers for the probe this week argued that Crown isn’t fit t