The Star Entertainment group has proposed a $12 billion merger with James Packer’s Crown Resorts. Star thinks its track record of operating casinos in Sydney, Brisbane and The Gold Coast puts it in a great position to help Crown out of its regulatory woes.

In February, Crown was found unfit to operate its new casino at Sydney’s Barangaroo after evidence of money-laundering in its casinos and other probity failures emerged in the long-running Bergin inquiry.

Today on Please Explain, Tory Maguire speaks with business columnist Elizabeth Knight about what a Star-Crown merger could mean for James Packer’s beleaguered casino group.

The Star Entertainment group has proposed a $12 billion merger with James Packer&rsquo;s Crown Resorts. Star thinks its track record of operating casinos in Sydney, Brisbane and The Gold Coast puts it in a great position to help Crown out of its regulatory woes.
In February, Crown was found unfit to operate its new casino at Sydney&rsquo;s Barangaroo after evidence of money-laundering in its casinos and other probity failures emerged in the long-running Bergin inquiry.
Today on Please Explain, Tory Maguire speaks with business columnist Elizabeth Knight about what a Star-Crown merger could mean for James Packer&rsquo;s beleaguered casino group.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

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