Crown obviously thought it was operating just far enough from the red line to get away with it.
Crown should realise that they have lost already and need to take whatever China chooses to dish out and settle the arrests as quickly as China will allow them to.
Crown then needs to do what ever it takes to get on the right side of Chinese authorities and move on from here. If this means no more Chinese high rollers then so be it.
For what Crown is worth without Chinese gamblers you have to go back pre 2012 or 2010.
CWN Price at posting:
$11.63 Sentiment: None Disclosure: Held