Gaming Strategy
Featured Stories
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Search Our Archive of Gaming Articles 

Australia's Crown buys Cannery Casinos

12 December 2007

MELBOURNE, Australia -- As reported by the Associated Press: "Australia's largest casino company, Crown Ltd., said Wednesday it has agreed to buy privately held Cannery Casino Resorts LLC for $1.75 billion, expanding its business in Las Vegas.

"Cannery Casino operates three Las Vegas casinos, including the Cannery Hotel & Casino and the Nevada Palace Casino, and the Meadows Racetrack & Casino in Pittsburgh.

"Earlier this month, Crown split from James Packer's Publishing & Broadcasting Ltd. after investors endorsed a plan to split PBL's gambling assets and media businesses into two separately listed companies..."

< Gaming News

Australia's Crown buys Cannery Casinos is republished from