Crown Resorts Will Cease All Junket Operations

Crown Resorts Will Cease All Junket Operations
The logo of Australian casino giant Crown Resorts Ltd in Melbourne, Australia, June 13, 2017. Jason Reed/Reuters
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Crown Resorts has declared it will stop dealing with all junket operations as it continues its bid to persuade the NSW gaming regulator that the public company is fit to run a new $2.2 billion casino in Sydney.

“The Board has determined that Crown will permanently cease dealing with all junket operators, subject to consultation with gaming regulators in Victoria, Western Australia and New South Wales,” the company said in an ASX media release on Nov. 17.