Tuesday, May 24, 2011

Crown Casino And Burswood Casino News Update

Crown Casino Security Officers Help Police Rescue Man From Yarra River...

No, it wasn't the Melbourne underworld that sent to the man swimming with the fishes. He did the swim on his own accord and got into strife. Two police officers dived into the river after him at roughly 4.35am today near the Crown promenade in Southbank, between King and Spencer streets. When the cops arrived they found the man in distress and clinging to a life buoy thrown into the river by Crown Casino security officers. The two cops, a senior-constable and a constable, jumped into the river and dragged the man to the bank. The man, 28, from Mulgrave, was taken to hospital and is reported to be in a satisfactory condition. No, he wasn't in the mood or condition to head to Crown to have a punt. Kudo's to Crown Casino security for going above and beyond the call of duty.

James Packer's Crown Limited Looking To Spend Hundreds Of Millions To Attract Whales And Dolphins...

JP's Crown Limited is to invest at least another $281 million upgrading its Australian casinos. It is also making acquisitions that include consolidating its ownership of the famous Aspinall's Club in London which is part owned by his mate Damian Aspinall. The new funding is on top of $139 million previously put aside for upgrades of the Crown Casino in Melbourne and Burswood Casino in Perth, showing the company's confidence in the market and its talent in attracting whale VIP's. Crown's buys include the Holiday Inn hotel building and associated assets at Burswood Casino for $79 million. "Burswood will be entitled to a greater share of hotel profits," the company said. A further $81 million will be spent upgrading Burswood's gambling floor, catering, convention centre and VIP accommodation services. Crown Casino down in Melbourne will enjoy $132 million in revamps, with a more extensive investment in the gambling floor and catering, plus new bar and lounge that will feature the colourful Shane Warne and the Aussie ex poker champion Joe Hachem as ambassadors. Further upgrades to its VIP facilities were also announced, including refurbishing the casino's jets. Crown and competitors Tabcorp's Star City had announced upgrades to the VIP gambling businesses to meet growing competition from new casino developments in Singapore and Macau. It was in December when Packer, Crown's chairman, advised Australia would need to work harder to compete with new Asian developments and called on other companies to take up some of the slack. "Australian investment in large-scale tourism attractions has been relatively modest in recent years. In contrast, Crown has been and continues to be a significant investor in Australian tourism infrastructure." Crown will acquire a 100% interest in Aspinall's Club. The land cased casino, which also has an online arm, was owned by the Aspinall's Group, Crown's joint venture with the Packer family friend Damian Aspinall. The venture will use the $55 million in proceeds to pay debt. Don't bet against Packer, he's on a winning steak, and delighted in proving the knockers wrong.

Burswood Casino To Crack Down On Smoking...

Western Australia would get the strongest anti-smoking laws in the country under proposals which include a complete ban in outdoor areas where people eat, watch sport or catch buses. The bans are among 15 proposals contained in a Health Department discussion paper being released today, which includes removing a controversial exemption that allows gamblers to smoke in Burswood Casino's high-rollers room. One option is to ban smoking in all outdoor eating areas, which would be an Australian first. "We strongly support these proposals, including banning smoking in Burswood's high-rollers room which exposes staff to smoke just to attract dollars and pander to the big end of town." Dr Mountain said he supported wider bans outdoors because seeing other people smoke gave a visual cue that it was still acceptable to smoke around other people.

*The writer owns shares in Crown Limited

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming. Media Man also publishes Media Man News

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