CWN 0.00% $13.09 crown resorts limited

News: CWN Australia's Crown Resorts posts half-year loss

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    Feb 17 (Reuters) - Australia's biggest casino operator Crown Resorts Ltd (CWN) on Thursday reported a third consecutive half-yearly loss, as long spells of pandemic-related restrictions and regulatory costs continued to hurt operations.

    The company, which recently backed a $6.5 billion offer for Crown from private equity firm Blackstone Inc BX.N , posted a net loss of A$196.3 million ($141.22 million) for the six months ended Dec. 31, compared with a loss of A$120.9 million a year earlier.

    ($1 = 1.3900 Australian dollars)

 
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