China Detains Crown Resorts Employees in Gambling Probe - News Summed Up

China Detains Crown Resorts Employees in Gambling Probe


Chinese authorities said they have detained a number of employees of casino operator Crown Resorts Ltd., including Australian citizens, for suspected gambling crimes. Melbourne-based Crown, part-owned by Australian billionaire James Packer, has been benefiting from an upsurge in Chinese tourists at its Australian casinos even as a graft clampdown by the Chinese government has hurt its operations in the gambling enclave of Macau.


Source: Wall Street Journal October 16, 2016 08:48 UTC



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