The Crown casino group are looking to invest in further Casino projects to expand their business. The company who own the Las Vegas Crown casino have already cut back on some investments of $118 million, after falling profits. However they have announced that they still are looking for attractive business propositions.
The Crown group the were planning on building a Crown Casino complex in Las Vegas however with drew the plans due to cost. The current economic downturn has resulted in several large gaming businesses stalling proposed construction projects. Don Barden announced that he could not afford to continue funding a casino project in Pittsburgh forcing him to look for new investment.
Crown chief executive Rowen Craigie said, “I think in the current environment everyone is more cautious about investments,” he said. “If and when a compelling opportunity came up in the US local space, where we think we’re well suited, we’d have a look at that, but we’d be looking for a majority interest and control role.”




















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