Crown Resorts

Equities

CWN

AU000000CWN6

End-of-day quote Australian S.E. Other stock markets 06:00:00 2022-06-23 pm EDT			5-day change	1st Jan Change
13.09 ^AUD	-.--%		-.--%	-.--%

2022	Australia's Crown taps Wynn Macau COO as top boss after Blackstone takeover	RE
2022	Australia's Crown Resorts names Wynn Macau COO as top boss	RE

Crown Resorts : Sale of Las Vegas Land Completes

January 28, 2018 at 06:19 pm EST

ASX / MEDIA RELEASE FOR IMMEDIATE RELEASE 29 JANUARY 2018

SALE OF LAS VEGAS LAND COMPLETES

MELBOURNE: Crown Resorts Limited (ASX: CWN) (Crown) refers to its announcement of 14 December 2017 and announces that its majority owned subsidiary, Alon Las Vegas Resort, LLC, has completed the sale of its interest in a 34.6 acre vacant site on Las Vegas Boulevard to a subsidiary of Wynn Resorts, Limited for US$300 million.

Crown's share of the proceeds (after taking into account minority interests) is approximately US$264 million.

In June 2017, Crown wrote down the carrying value of its investment in Alon to US$200 million (or US$176 million net of minority interests).

ENDS

COPIES OF RELEASES

Copies of previous media and ASX announcements issued by Crown are available at Crown's website atwww.crownresorts.com.au

Crown Resorts Limited published this content on 29 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 January 2018 23:19:10 UTC.

Original documenthttp://www.crownresorts.com.au/Investors-Media/ASX-Media-Releases/2018/29-01-2018-Sale-of-Las-Vegas-Land-Completes

Public permalinkhttp://www.publicnow.com/view/95E39D34C979C861CF87FF4F59B6A0DDB04AE94C

Latest news about Crown Resorts

Australia's Crown taps Wynn Macau COO as top boss after Blackstone takeover	22-07-06	RE
Australia's Crown Resorts names Wynn Macau COO as top boss	22-07-06	RE
Crown Resorts Limited Announces Executive Changes	22-07-06	CI
South Australia to review Skycity's Adelaide casino amid broader scrutiny	22-07-01	RE
Sector Update: Financial Stocks Climb Pre-Bell Friday	22-06-24	MT
Crown Resorts to Redeem Subordinated Bonds	22-06-24	MT
Blackstone Acquires Crown Resorts for Undisclosed Sum	22-06-24	MT
Blackstone Entity Implements Scheme of Arrangement for Crown Resorts Takeover	22-06-24	MT
The Blackstone Group Inc. (NYSE:BX) completed the acquisition of remaining 90% stake in Crown Resorts Limited from James Packer and others.	22-06-23	CI
MarketScreener's World Press Review : June 22, 2022	22-06-22
After 17 months in limbo, Australia's Crown Resorts to take bets in Sydney	22-06-21	RE
NSW regulator gives Crown conditional approval to open gaming operations in Sydney	22-06-21	RE
Crown Resorts Limited(ASX:CWN) dropped from FTSE All-World Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P Global BMI Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P/ASX 200 Consumer Discretionary Sector Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P/ASX 100 Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P/ASX 300 Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P/ASX All Ordinaries Index	22-06-20	CI
Crown Resorts Limited(ASX:CWN) dropped from S&P/ASX 200 Index	22-06-20	CI
Millennium Services Group Renews $104 Million in Long Term Contracts	22-06-15	MT
Blackstone's Crown Resorts Takeover Approved by Australian Court -- Update	22-06-14	DJ
Blackstone's Crown Resorts Takeover Approved by Australian Court	22-06-14	DJ
Australia's Federal Court approves Blackstone's $6.3 billion Crown Resorts deal	22-06-14	RE
Australian state launches probe into Star Entertainment's licence	22-06-13	RE
Australian shares post biggest weekly drop in 2 years amid broad sell-off	22-06-10	RE

Chart Crown Resorts

Duration

Period

More charts

Company Profile

Crown Resorts Limited is an entertainment company. It owns and operates a suite of integrated resorts. The Company operates through two segments: Crown Aspinalls and Crown Digital. The Company's property portfolio includes London's prestigious Crown Aspinalls, a boutique casino in the West End. It offers guests a range of entertainment and event experiences; premium hospitality, dining, spa and retail; and gaming. Its Western Australia's only integrated resort and casino and features a combined approximately 1188 hotel-room capacity, expansive lagoon and private pools, and 33 bars and restaurants. The Crown Digital segment includes wagering and online social gaming operations comprising Betfair Australasia and DGN Games and Chill Gaming. Betfair Australasia provides access for Australian and New Zealand customers to the betting exchange. DGN Games is a developer of online social and casual games. DGN's game titles include Old Vegas Slots and Lucky Time Slots.

Sector

More about the company