Crown Resorts Ltd. said its staff held in China have been charged with gambling-related offenses, the most significant development in the case since the employees were rounded up by mainland authorities in October.
Crown
Australian mogul James Packer’s Crown Resorts has reduced its stake in Melco Crown Entertainment (MCE) from 34.3 per cent to 27.4 per cent for HK$6.2 billion, Hong Kong-based Melco International Development (Melco) announced Wednesday night. According to the deal, MCE has agreed to repurchase 155 million shares from a Crown Resorts subsidiary called Crown Asia […]