Crown Resorts Apologises to Investors

Crown Resorts Apologises to Investors
The logo of Australian casino giant Crown Resorts Ltd. adorns the hotel and casino complex in Melbourne, Australia, on June 13, 2017. REUTERS/Jason Reed/File Photo
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Crown Resorts has apologised to shareholders for governance and risk management failures unearthed by a NSW inquiry, while an investor revolt prompted a director to resign.

“Let me say clearly that I unreservedly apologise for the failings,” chairman Helen Coonan told the gaming and casinos group’s virtual annual general meeting on Oct. 22.