• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 12 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Crown Resorts to reduce Australian workforce by 1,000

Newsdesk by Newsdesk
Tue 30 Apr 2024 at 04:42
Ciarán Carruthers: Crowning glory
51
SHARES
1.3k
VIEWS
Print Friendly, PDF & Email

Australia’s Crown Resorts will shed another 1,000 employees across its integrated resorts in Melbourne, Sydney and Perth as economic conditions and a tightened regulatory environment continue to bite.

The company’s CEO, Ciarán Carruthers, informed the company on Monday of his decision which will impact around 5% of its 20,000 strong workforce.

“The challenges at Crown reflect greatly reduced foreign tourism, a sharp decline in local workers in the city centers and restrictions on gaming play in Sydney and Melbourne,” Carruthers said.

“We are committed to our regulatory obligations and ongoing transformation, including Crown PlaySafe, Melbourne and Sydney transformation plans and ongoing remediation in Perth.”

This is the second time Crown has been forced to slash its workforce, having last year cut almost 300 jobs at Crown Sydney in an attempt to streamline operations. It also closed down one of the Sydney property’s two gaming floors and reduced the operating hours of the other.

Crown last month won back its casino license for Crown Melbourne after the Victorian Gaming and Casino Control Commission found it was suitable again. A similar finding of suitability for Crown Sydney was announced only last week.

However, Crown Melbourne has also paid AU$700 million in fines and settlements for the compliance failures that originally led to a finding of unsuitability, while the implementation of mandatory carded play, cashless gaming technology, and time and money limits has negatively impacted business volumes. Likewise, tighter controls around international money transfers and KYC requirements has driven a significant portion of foreign play away.

RelatedPosts

Unhitching Online Poker

Australian government reportedly ready to proceed with gambling advertising reform

Thu 11 Sep 2025 at 14:51
Entain looking to sell Australian pub poker and trivia business

Entain looking to sell Australian pub poker and trivia business

Mon 8 Sep 2025 at 21:34
Ciarán Carruthers: Crowning glory

Crown Resorts rolls out AI to improve player protection abilities

Fri 5 Sep 2025 at 05:37
The Star Sydney’s casino license in limbo as final report from second inquiry handed to regulator

Son of Star’s largest shareholder joins Star Entertainment Group board as non-executive director

Sun 31 Aug 2025 at 09:16
Load More
Tags: AustraliaCiarán CarruthersCrown MelbourneCrown ResortsCrown Sydneyemployees
Share20Share4
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

Artyzen Grand Lapa: Enjoy Macau in the heart of it

MGM China to pay up to US$26 million to Shun Tak in 2025 for use of Macau hotel rooms

by Newsdesk
Thu 11 Sep 2025 at 21:39

MGM China Ltd has revised upwards the maximum fee the group may be required to pay to Hong Kong-listed Shun Tak Holdings Ltd in 2025 for the use of its Macau hotel rooms and associated services by HK$20 million (US$2.6...

IAG EXPO 2025: Interview with Paul Heretakis

IAG EXPO 2025: Interview with Paul Heretakis

by Newsdesk
Thu 11 Sep 2025 at 21:35

Inside Asian Gaming’s Vice Chairman and CEO Andrew W Scott chats with Paul Heretakis, Managing Director of Westar Architects, about his latest projects, including an ongoing renovation of The Venetian Las Vegas and his thoughts on leading integrated developments globally....

Fantasy sports gaining Japan foothold with basketball the first step

Hong Kong formally passes bill legalizing basketball betting with 50% tax on profit

by Pierce Chan
Thu 11 Sep 2025 at 16:52

 The Legislative Council of Hong Kong On Thursday passed the third reading of the Betting Duty (Amendment) Bill 2025, which will legalize basketball betting. The Hong Kong Government had announced as early as the beginning of this year that it...

Winds of change

Bloomberry Cultural Foundation Inc’s Medical Scholarship Program produces initial 20 nursing graduates

by Newsdesk
Thu 11 Sep 2025 at 16:18

Bloomberry Cultural Foundation, Inc (BCFI), the social development arm of Solaire Resort and Casino, has celebrated an initial milestone in its Medical Scholarship Program with 20 of its 313 college scholars completing B.S. Nursing college degrees. Out of 20 Nursing...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English