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CROWN RESORTS LIMITED (ASX:CWN) - News: CWN China hands Crown Resorts employees short jail terms - official, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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News: CWN China hands Crown Resorts employees short jail terms - official

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    26/06/17
    14:35
    Post #: 25492797

    SHANGHAI, June 26 (Reuters) - A Chinese court sentenced three Australian employees of casino operator Crown Resorts Ltd (CWN) to short jail terms on Monday, an Australian diplomat said, but they will have little time left to serve as the sentences run from the date of their detention last October.

    The embassy official said Crown's head of international VIP gambling Jason O'Connor was given a ten month sentence, while two other Australians were handed nine month sentences.

    The ruling is a major step towards closing a case that has forced Melbourne-based Crown to abandon its strategy of luring Chinese high rollers to the casino hub of Macau and instead shift its focus back home.

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