{"id":63,"date":"2024-06-12T15:27:59","date_gmt":"2024-06-12T12:27:59","guid":{"rendered":"https:\/\/dreamscasinobonusnodeposit.icu\/2024\/06\/12\/crown-resorts-reels-from-62-profit-plunge-amid-pandemic-and-regulatory-woes\/"},"modified":"2024-06-13T12:05:36","modified_gmt":"2024-06-13T09:05:36","slug":"crown-resorts-reels-from-62-profit-plunge-amid-pandemic-and-regulatory-woes","status":"publish","type":"post","link":"https:\/\/dreamscasinobonusnodeposit.icu\/2024\/06\/12\/crown-resorts-reels-from-62-profit-plunge-amid-pandemic-and-regulatory-woes\/","title":{"rendered":"Crown Resorts Reels from 62% Profit Plunge Amid Pandemic and Regulatory Woes"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/rVsfcdalhdg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Australian gaming behemoth, Crown Resorts, witnessed a staggering 62% plunge in its earnings during the initial six months of 2021. This precipitous decline is attributed to the lingering effects of the COVID-19 crisis and the firm&#8217;s ongoing battles with regulatory authorities.<\/p>\n<p>Crown Melbourne, the company&#8217;s premier establishment, suffered a 91% revenue nosedive. This was primarily fueled by the shuttering of its gaming areas for a considerable duration due to government-imposed restrictions. Although Crown Perth performed marginally better with a 5% revenue dip, the corporation&#8217;s overall financial health presents a grim outlook.<\/p>\n<p>Notwithstanding these difficulties, Crown&#8217;s Executive Chair, Helen Coonan, conveyed a dedication to collaborating with regulatory bodies to restore public confidence and enact essential changes. The company recognizes the imperative for a comprehensive restructuring of its operations to tackle the grave concerns that have been raised. <\/p>\n<p>She further conveyed that her position as Chair is merely a provisional measure, and the organization is diligently seeking an appropriate replacement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >The Australian gaming behemoth, Crown Resorts, witnessed a staggering 62% plunge in its earnings during the initial six months of 2021. This precipitous decline is attributed to the lingering effects of the COVID-19 crisis and the firm&#8217;s ongoing battles with regulatory authorities. Crown Melbourne, the [&hellip;]<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crown Resorts Profits Plummet 62% - COVID-19 &amp; Regulatory Battles Bite<\/title>\n<meta name=\"description\" content=\"Australian gaming giant Crown Resorts has seen its profits plummet by a staggering 62% in the first half of 2021. 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