Crown Resorts

Crown Resorts is an Australian company that operates casinos and hotels. It is one of the largest entertainment groups in Australia, with its core businesses and investments in the integrated resorts sector.

History

Crown Resorts was established in 2007 when Publishing and Broadcasting Limited (PBL) divested its gaming assets to form Crown Limited. The company's history is closely tied to the development of the gaming and entertainment industries in Australia. Over the years, Crown Resorts has expanded its operations and now runs several high-profile properties in Australia and internationally.

Operations

Crown Resorts operates some of the most iconic casinos and resorts in Australia, including:

• Crown Melbourne: Located in Melbourne, Victoria, it is one of the largest and most significant entertainment complexes in the Southern Hemisphere. The complex includes a casino, three hotels, function rooms, restaurants, and shopping and entertainment facilities.
• Crown Perth: Situated on the eastern banks of the Swan River, Crown Perth is a premier integrated resort that includes a casino, two hotels, a convention center, and numerous restaurants and bars.
• Crown Sydney: The newest addition to the Crown Resorts portfolio, Crown Sydney, located in Barangaroo, is a luxury resort that boasts a hotel, restaurants, bars, and residential apartments. It is notable for its striking architecture and prime location overlooking Sydney Harbour.

Crown Resorts has also pursued international ventures, including a stake in Melco Crown Entertainment (now Melco Resorts & Entertainment), a developer and owner of casino gaming and entertainment resort facilities in Asia.

Controversies

Crown Resorts has faced several controversies and legal challenges over the years. These have ranged from allegations of failing to prevent money laundering within its casinos, to accusations of engaging in business practices that endanger the welfare of its patrons. The company has been subject to investigations by regulatory bodies and has faced significant media scrutiny.

Corporate Social Responsibility

Crown Resorts is actively involved in various corporate social responsibility (CSR) initiatives. The company focuses on areas such as responsible gaming, environmental sustainability, community engagement, and supporting local charities and organizations. Through the Crown Resorts Foundation, the company aims to make a positive impact on the communities in which it operates.

Future Outlook

The future of Crown Resorts is focused on expanding its Australian operations while continuing to explore opportunities internationally. The company aims to enhance its existing properties and services, ensuring they remain competitive and continue to attract visitors from around the world. Crown Resorts is also committed to improving its corporate governance and CSR practices in response to past criticisms.