Day: 21 October 2021

Crown Resorts’ shareholders voted against the executive pay plans of the Australian casino giant for the second year in a row at its annual meeting that took place earlier today. They, however, turned down a follow-up option to expel the entire board of the company. Almost 31% of proxy votes were cast against the remuneration report of the gambling operator before its annual general meeting on October 21st. As mentioned above, this has been the second straight year when Crown Resorts’ shareholders have rebelled against the casino giant, exceeding the25%…

The review of The Star Casino in Sydney will see some public hearings to examine the operator’s measures preventing the infiltration of organised crime and money laundering. Some senior figures from Star Entertainment, such as CEO Matt Bekier and some board members, are also expected to take part in the hearings. As confirmed in media reports, senior barrister Adam Bell, SC, has been appointed by the Victorian Independent Liquor and Gaming Authority (ILGA) to examine the operations of the Australian gambling giant at public hearings that are scheduled to take…