CWN crown resorts limited
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News: CWN Australia's Crown Resorts posts 46% drop in July-Oct VIP sales on fewer Chinese visitors

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    24/10/19
    09:50
    Post #: 41044633

    Oct 24 (Reuters) - Casino giant Crown Resorts Ltd (CWN) on Thursday said "VIP" program play turnover at its Australian resorts sank 46% during the July-Oct. 20 period, as Chinese tourists who make up the bulk of those sales dwindled amid slowing growth in the world's no. 2 economy.

    Crown's wagering and online social gaming revenue also declined 4%, though revenue from main floor gaming, excluding VIP sales, rose 2% during the period.

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