Casinos of The World: Land based and online

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Punters, here's 10 of the world's top land based casinos for you to mark down in your travel plans.

Monte Carlo, Monaco: Perched above the Mediterranean and bounded by the French
and Italian coastlines on either side, Monaco provides a spectacular and luxurious setting for the wealthy and the wannabees. Home to the Monaco Grand Prix and the legendary Casino de Monte Carlo, this isn't the place for those on a tight
budget. The magnificent Casino hosts the annual European Poker Tour and was also the scene of several James Bond Films, including the original "Casino Royale" and "Golden Eye".

Paradise Island, Bahamas: Located just off the shore of the city of Nassau, Paradise
Island is best known for its sprawling 'Vegas-by-the-sea' resort, Atlantis. The resort spans seven acres along a lagoon, where guests can soak up the Caribbean sun and choose from a variety of outdoor gaming areas. When in need of a break from
the tables, guests can enjoy the private beach or one of the resorts 20 sunlit pools.

Melbourne, Australia: As Australia's sporting and entertainment capital, Melbourne
offers the perfect option for high rollers looking for a local break. Aussies need look no further than Crown Casino on the southern bank of the Yarra River, which is one of the largest casino complexes in the southern hemisphere. The main gambling
floor stretches more than half a kilometre and the casino was the first to introduce the new game Rapid Roulette, which allows players to place bets on a personal electronic touch screen connected to a central roulette wheel.

Macau, China: Known as the 'Monte Carlo of the Orient,' and the gambling capital of Asia, Macau now rivals Monaco and Las Vegas as one of the premier gambling destinations in the world. With no less than 33 casinos, in addition to local horse and greyhound racing venues, Macau is perfect for the betting junkie. The Wynn Macau
casino is a standout, highlighted by 24-carat gold 'Tree of Prosperity' at the entrance, extravagant water displays and Moon Jellyfish Aquarium at reception.

Baden-Baden, Germany: Situated on the western foothills of the Black Forest and on
the banks of the Oos River, Baden-Baden is not your typical casino town. However, in addition to its hot springs and picturesque countryside, the town is also known for its 200-year-old 'Spielbank' casino - the oldest of its type in Germany. With French chateau-style salons rooms named after historical figures such as Madame Pompadour and Louis XV's mistress, the quirky casino provides visitors with a very unique
gaming experience.

Las Vegas, United States: With over 1700 licensed casinos in operation, Las Vegas
offers the ultimate package for travellers who fancy a flutter. A visit to the famous 'Strip' is a must for any player, whether they're looking for a spin on the roulette table or a game of blackjack - this city has it all. The iconic Caesar's Palace
hotel and casino offers 129,000 square feet of casino space plus an endless smorgasbord of entertainment, shopping and fine dining options, including Cleopatra's barge, a floating lounge perfect for a relaxing drink after a jam-packed night on the
casino floor.

Manila, The Philippines: With a favourable exchange rate, Manila provides great value
for Aussies wanting to live the high-life overseas. The city offers a range of shopping and entertainment options, along with a world-class casino at the Hyatt Hotel. Spread across three levels, the sparkling casino offers the newest in gaming
facilities for both hotel guests and visitors, and is just a short distance from Manila's tourist hub.

Sun City, South Africa: Known as 'Africa's Kingdom of Pleasure,' this luxury resort
and casino complex, just two hours from Johannesburg, boasts two large casinos, two 18-hole golf courses and a wildlife reserve. At the extravagant yet picturesque Palace of the Lost City, guests are treated to stunning valley views from the guestrooms, along with exclusive access to the Grand Pool. The nearby Sun City Casino is the entertainment Mecca of the resort, featuring a myriad of gaming options as well as an indoor jungle of native foliage and water fountains.

Atlantic City, United States: Regarded as the US's 'Las Vegas of the East', Atlantic City in New Jersey is renowned for its gambling, shopping and fine dining. Towering above the banks of the Atlantic Ocean, the Trump Taj Mahal casino is an icon of the city, with an on-site shopping district and an abundance of restaurants and bars. The
157,000 square-foot casino is also hard to miss, with 3,500 slot machines and 200 table games. Unveiled in 1990 by a number of celebrities, including the late Michael Jackson, the casino is the second-largest in Atlantic City and well worth a visit.

Genting Highlands, Malaysia: Nestled on the Titiwangsa mountain range, just an hour's
drive from Kuala Lumpur and 6,000 feet above sea level, the Resorts World Genting offers 360-degree views of the surrounding countryside. This spectacular resort has first-class accommodation, dining and entertainment, while avoiding the hustle and bustle of a capital city. The on-site casino, which covers 200,000 square feet, is Malaysia's sole gaming venue and is divided into separate themed areas, such as Hollywood and Monte Carlo, for the ultimate gambling experience.

Online Casinos:

PartyCasino.com : The world's leading online casino brand and part of Bwin.Party Digital Entertainment. Play for free or play for money at PartyCasino.com New players get up to $3000 sign up bonus via Media Man.

VirginCasino.com : Virgin Casino is part of Virgin Games. The parent company is Virgin Enterprises Limited, the creation of the world's most famous and celebrated entrepreneur, Sir Richard Branson. Unfortunately the casino does not accept players from many countries due to what is known in legal circles as "grey areas". Most European players can play, but no Americans, Canadians, Australians or New Zealanders.

Captain Cooks Casino : Was once a very popular online casino with Australians and New Zealanders, however we understand these days they can only accept players from a few regions such as Europe, South Africa, Canada and South America.

PKR : Once only a 2D online poker room, they are now more 3D and offer online poker and a good range of online casino games, including classics, Marvel slots and table games.

Media Man's top online casino choice: PartyCasino.com PartyCasino is a multi-time Media Man 'Online Casino Of The Month' winner and have also won awards from EGR. Earlier this year PartyGaming merged with Bwin to create the worlds leading igaming company, Bwin.Party Digital Entertainment.

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Playtech Signs Gala Coral Contract, Acquires Mobile-Bet Company...

Playtech Ltd, the Internet gambling software maker and content developer which has a joint venture with William Hill Plc (WMH), said it signed a long-term contract with Gala Coral Group Ltd., and acquired Mobenga AB, a mobile-phone sports-betting company.

Playtech will pay as much as 15.8 million euros ($22.4 million) for Mobenga, the Isle of Man-based company said in a statement. Playtech also said second-quarter revenue rose 7 percent to 39.6 million euros over the same period a year earlier, led by online casino games.

Gala Coral, which has 2,000 betting shops in the U.K. and Italy, should become one of Playtech’s top three clients within a year after its software is transferred, in 2012, Playtech’s Chief Executive Officer Mor Weizer said in a telephone interview. Mobenga will help Playtech expand in mobile telephone gambling, which generates 30 percent of bets for some companies, he said.

“This is a very important win for us,” Weizer said. “We already have most of the established operators in the U.K., and Gala Coral we were after for a long time.”
Playtech gained 18.25 pence, or 5.4 percent, to 356.75 pence at 8:47 a.m. in London, after earlier rising as much as 6.3 percent. The shares have fallen 16 percent so far this year, giving the company a market value of 866.3 million pounds.

Stockholm-based Mobenga will give Playtech the ability to combine sports-betting, casino and poker games in one mobile- phone application, Weizer said.

Playtech generates more than 10 million pounds ($16.1 million) from its biggest client, Imperial E-Club Ltd., Weizer said.

‘Players’

Most of the company’s clients attract players through sports, though they make most of their money through games, so they’re always seeking to convert sports betters to game players, he said.

Second-quarter casino revenue gained 9 percent to 27.3 million euros, and bingo sales increased 32 percent to 3.6 million euros, the company said.

Poker sales dropped 32 percent to 5 million euros, the company said. The poker business declined even though the U.S. charged founders of online poker companies still accepting games in the country with money laundering in April.

Weizer said the companies still had cash to lure poker players. Poker numbers have been “picking up” since the end of June, when one of the companies stopped play, he said. Full Tilt Poker, then the world’s second-biggest poker site, lost its license from Alderney on June 29.


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Aztec Gold, Atomic Fruit, Nag's To Riches and Fairies Forest. Check out the new games here.

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Legally Blonde To Open 4th October 2012 at The Star, Sydney

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News Media Update..

Theatre production 'Legally Blonde' enjoyed a media call this morning at ABC TV studios at Ultimo in Sydney.

The play comes with much fanfare so it will be interesting to see if the show lives up to its reputation and hype once it plays to live audiences at the Sydney Lyric Theatre, which is part of The Star (formally known as Star City Casino).

The Star and its business partners have taken a calculated gamble on running with 'Legally Blonde', and you can bet that they will be hoping for similar outstanding results that they received with musicals such as 'Annie'.

Sydney continues to secure world class entertainment thanks to our friends at The Star and Lyric, and we encourage you to check out what all the fuss is about.


Legally Blonde To Open 4th October 2012...

The Sydney Lyric Theatre is going to be host to the famous musical 'Legally Blonde'.

Legally Blonde The Musical is the hilarious story of college sweetheart and homecoming queen, Elle Woods - a girl who doesn't take no for an answer. When her boyfriend dumps her for someone "serious", Elle puts down the credit card, hits the books and heads for Harvard Law School! Along the way, she proves that being true to yourself never goes out of style.

Legally Blonde The Musical - Winner of Best Musical 2011 Olivier Awards and a smash hit running into its third year on the West End was created by a world-class creative team led by Tony Award-winning director Jerry Mitchell.

Based on the movie starring Reese Witherspoon and remaining true to the script, Legally Blonde the Musical is a feel-good number with a '90s feel.

College sweetheart Elle heads off to law school to win back her boyfriend Warner after he dumps her for someone more serious, only to graduate top of her class and find a far better love interest.

Warner, too, finds the courage to dump family expectations of a career in law and politics and pursue his true calling as a model.

"I've seen it on Broadway and the West End and it's great. It really does do the movie justice," leading actress Lucy Durack says.

"I love the role of Elle. As much as she looks like she hasn't a care in the world, people are unkind to her and judge her and she struggles with that.

"But she takes a positive path and rises above it. She doesn't take the low road, ever. The whole show is a celebration - be who you are, the best version of yourself, and be proud."

LEGALLY BLONDE THE MUSICAL

The musical opens 4th October 2012.

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PartyCasino VS Virgin Casino war continues

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Crown Limited Does Deal With Barangaroo In Sydney...

In big news today, James Packer’s Crown Limited (ASX: CWN) has struck a deal to build a $1 billion hotel development at Barangaroo, on Sydney’s foreshore. Crown signed an agreement with the developer, Lend Lease Limited (ASX: LLC) earlier today, but said it will only go ahead if Crown gains approval to including VIP gambling facilities (in other words – a casino). Just yesterday, Crown announced that it was spending up to $568m to build a six star hotel at its Burswood casino in Perth.


Work on Fijis first ever Casino to begin...

Work on Fiji’s first casino will begin this month as investors will meet to give contracts to local companies in Denarau this week.

One Hundred Sands – the company behind the project has managed to raise $400million for construction.

However the initial projections for phase one of the project which will see the construction of a convention center, casino and resort is $290m.

Managing Director Larry Claunch says overseas investors are often given misconceptions about Fiji’s investment potential by local private sectors.

“There has been a lot of criticism if we could raise the money in a timely fashion – we have, criticism and comments if we can finish on time – we will – its going to be probably a fastest development anybody has ever seen and it going to be fun to watch.”

Claunch says the current government played a vital role for this investment.

“I didn’t come to Fiji with a though of developing a casino or anything for that matter – I really just came here to eat fresh fish – but after seeing the vision of this government I knew everything was possible and I was all in.”

Five hundred locals will be employed during the construction and around 600 to 850 will be employed at the casino.

The new casino is expected to begin operation from September next year.


Aspers Casino looks forward to end of Games...

Though it’s happening right on the doorstep of his company’s flagship casino, Richard Noble is looking forward to when the 2012 London ­Olympic Games finish.

The chief operating officer of Aspers Group – a joint venture between the Australian Securities Exchange-listed Crown and the Aspinall family, which operates Aspers Casino at Westfield Stratford City next to Olympic Park – says weekly takings and average visitor numbers are down about 20 per cent in the first week of the Games.

When Aspers at Westfield Stratford City, the country’s largest casino, opened on December 1 last year, Noble told The Australian Financial Review it was immediately popular. “In our first three days we had 30,000 visitors which was about 100 per cent above our business case. After that we were averaging 25,000-30,000 visitors per week. But in the last few months we’ve seen the three carparks here at the Westfield get cut down to one and now it is none, so we have been adversely affected.”

There have been restrictions placed on visitor numbers to Westfield Stratford by the London Olympic Games Organising Committee (LOCOG). These include only Games ticket holders being allowed access to Westfield between 8.30am and 5pm on Friday and Saturday.

Noble says this cut down on the ability of regular Aspers patrons to visit the casino. He said it also affecting the numbers of people in the local area attracted to Westfield during the Games, who could have potentially visited the casino for the first time. LOCOG is also likely to institute another similar “lock-out” later this year due to fears about congestion at the mall, which is between Olympic Park and public transport links.

With the Olympics not providing the boost in business once hoped, Noble says Aspers will now concentrate its marketing efforts on the post-Games period. “On the 18th of ­September, after the Olympics and then the Paralympics are over, we will be having a huge relaunch.”

Noble says the casino concentrates on a high volume of customers who spend relatively little. It has a catchment area of 4.1 million people.

“And that is just in the east and the area around, north to Luton and east to Southend,” he said.

“But what’s been surprising and also delightful is that we’ve managed to get a lot of visitors from the west of London as well.”

A change to British gaming laws in 2007 allowed for the casino to be built without previous restrictions that meant patrons had to become members. Aspers also owns casinos in Newcastle, Swansea and Northampton and is planning to open a new venue in Milton Keynes in 2003.

Overall, he says Aspers is pleased about how the Stratford business has performed given it has already expanded since its December 2011 opening. It now has 57 gaming tables, the highest number in Britain, up from 38 when it opened. It has room to accommodate 80 tables. There are also now 138 electronic gaming terminals, up from 92. The site will soon feature a bespoke poker room to go with the sports bar, VIP bar and terrace, which has been hired out to corporate clients for the Games.

But Noble, who is otherwise enjoying the Games, can’t wait until September. “Some of our patrons are not able to get here at the moment but that will change once all this is over.” (The Australian Financial Review)


Police detain 150 in Macau casino raids amid fears of new gang war...

HONG KONG (Reuters) - Police detained more than 150 people in weekend raids on casinos and hotels in Macau after a recent spate of killings raised fears of a new gang war in the world's largest gambling destination.

The former Portuguese territory was gripped by gang wars in the late 1990s and the recent murder of three people in two weeks, thought linked to the gambling industry, comes just months ahead of the release from jail of triad boss "Broken Tooth" Wan Kuok-koi, who wreaked havoc at that time.

About 1,300 people were rounded up on Friday and Saturday in Macau and 150 of those were taken in for questioning in the operation codenamed "Thunderbolt".

"This operation is an annual exercise to maintain public security. It is a joint exercise undertaken by police in Guangdong province, Macau and Hong Kong to crack down and prevent crime in this region," a Macau police spokeswoman said.

In Hong Kong, police raided 21 locations on August 2 as part of the joint operation and arrested 130 people on suspicion of various crimes including money laundering involving HK$300 million (24.77 million pounds), illegal gambling and prostitution.

Police also seized cash, watches and cars worth more than HK$11 million.

The Macau raids came just weeks after a Chinese woman was found murdered in a residential area minutes away from the cavernous gambling halls of gaming magnate Sheldon Adelson's Venetian casino.

That followed the murders of two Chinese nationals at the five-star Grand Lapa hotel in Macau, a one-hour ferry ride from Hong Kong, and an attack at the end of June on a senior figure in Macau's junket industry, which extends credit to rich gamblers.

By contrast, only five homicide cases were recorded between June 2011 and May 2012, according to Macau police statistics.

Macau, which like Hong Kong is a special administrative region of China, has boomed since the 1999 handover from Portugal, with Las Vegas moguls including Adelson and Steve Wynn setting up glitzy casino hotels.

That growth, however, has slowed significantly in the past three months, forcing junket operators into more aggressive debt-collecting tactics.

Many of the smaller junket companies, which collect gambling debts in exchange for a commission from casino operators, are struggling to stay in business.


IGT partners with California casino...

American computerised gaming equipment designer and manufacturer International Game Technology (IGT) has signed a deal that will see the Golden Acorn Casino and Travel Center in California host an online casino application from its Double Down Interactive subsidiary.

Las Vegas-based IGT purchased the casual games developer in January and revealed that the Golden Acorn Casino is set to utilise its technology in order to offer casino players free-play gaming experiences.

“Golden Acorn recognises the opportunity to provide gaming entertainment to its players across various channels,” said Eric Tom, Global Sales Executive Vice-President for IGT.

“This solution is allowing it to grasp an opportunity to evolve as the landscape of gaming also changes permitting it to drive engaging gameplay directly to its casino guests and fans of the Golden Acorn Casino and Travel Center brand.”

IGT stated that the revenue sharing partnership will see Golden Acorn use its own website in order provide players with a ‘truly convergent gaming experience’ that is to include access to a ‘full-casino-style offering of games in one convenient place’.

“Offering the same game titles on the web that we offer inside our casino gives us the unique opportunity to deliver fun and engaging casino-style experiences to our players,” said David Baggerly, Marketing Director for Golden Acorn Casino and Travel Center, which is located 47 miles from downtown San Diego near the Mexican border.

“This is an incredible chance to drive interactive slot culture to our players while allowing them to stay connected to our brand.”

Guests at the Golden Acorn will be able to enjoy online social versions of Texas hold‘em poker in addition to some of IGT's top-performing slot titles including Da Vinci Diamonds and Cleopatra. New games are to be added automatically while first-time users will receive one million dollars in virtual chips.


Development agreement for Bally and High 5 Games...

Bally Technologies has entered into a multi-year agreement with games developer High 5 Games to publish a substantial number of new H5G games under the Bally brand for the worldwide land-based, mobile and online business-to-business casino gaming markets.

“We’re excited to partner with a game creator that has such a world-class track record of developing high-performing and engaging game content,” said Jean Venneman, Vice President of Product Management and Licensing at Bally Technologies. “We look forward to leveraging H5G’s newest game content to help casino operators across the world drive revenues and delight players.”

Ramesh Srinivasan, Bally's President and Chief Operating Officer, added, “The partnership with H5G reflects our commitment to delivering best-of-breed, cross-platform game content to our customers. This promise is reflected in the more than 25 game studios we have established across the globe, augmented by relationships with proven game developers like H5G that enable us to deliver a diverse array of creative, interactive, and exciting game content.”

“We are delighted to partner with Bally Technologies, a long-time leader in the casino gaming industry,” said Anthony Singer, Chief Executive Officer of H5G. “With Bally’s sophisticated new ALPHA 2 game platform, and a new Bally Interactive division committed to mobile, online, and social business-to-business game content, we believe that the sky is the limit for this next generation of H5G games.”


Bwin.party Digital Entertainment Plc : The bearish trend should continue...

07/18/2012
Opinion : Bearish under 115.5 GBp
Target price : 83.4 GBp
Stop loss: 115.5 GBp
LONDON STOCK EXCHANGE

Bwin.party (BPTY) was formed from the merger of bwin Interactive Entertainment AG and PartyGaming Plc in March 2011 to create the world’s largest listed online gaming. Incorporated and licensed in Gibraltar, the Group has over 2,700 employees across Europe, India, Israel and the US. It commands leading market positions in each of four product: online sports betting, poker, casino and bingo with some of the world’s biggest online gaming brands including bwin, PartyPoker, PartyCasino and Foxy Bingo.

A month ago, we forecasted a downtrend with a target price at GBp 102. This target was reached and we reiterate our opinion. In a bearish trend, BPTY continues to decline.

From a fundamental viewpoint, the group is in a bad financial situation. Analysts have recently downgraded their forecasts for earnings per share. This indicator is often a precursor of a declining profitability and a worsening climate of investor confidence. Even if the company has a lot of cash, it is overvalued : BPTY’s PER for 2012 is 38.9x and 16.3x for 2013 and growth rates are low.

From a technical viewpoint, prices are in a downward trend. Moving averages are trending down and put pressure on the stock, which confirms this downward momentum. This trend may continue toward the GBp 95 support. Moreover, the security is testing a pivot point at GBp 102.6 in weekly data and the significant breakdown of this level would be a new bearish signal.

Taking into account fundamental and technical elements, investors can initiate a short position in BPTY with a first target price at GBp 95. If the security crosses this level, the second target price will be the long term support at GBp 83.4. A return towards GBp 115.5, the short-term resistance area, will invalidate the bearish strategy, which justifies a stop loss. (4 Traders)

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Virgin Games review

Website: VirginGames.com

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Since 2004, Virgin Games, a wholly owned Virgin Group company, has been spreading the Virgin love in the gaming world with online casino, online bingo and online poker games, as well as the brand new Virgin mobile casino.

Like our bearded boss, we love nothing more than fun, which is why we have games to suit every need, loads of freebies and a truckload of signup and weekly bonuses.

The fun goes away if the price isn't right though. Thankfully, in true Virgin fashion, that’s where we make a difference. Virgin Games offers great value for money, with small stakes (from 1p) available, no fees on cards, regular promotions and our unbeatable trademark loyalty scheme: V*POINTS, famously more rewarding than your Nectar card.

• Virgin Games Online Casino was launched in 2004 and offers over 300+ games from most industry leading software suppliers, with new games added every single week. Online slots, roulette, blackjack, bingo, scratch cards, video poker, instant win, £1,500,000 + progressive jackpots…You name it, chances are we’ve got it.

• Virgin Mobile Casino, the new kid on the block, went live in 2011. A unique mobile casino games entertainment platform, it is accessible from most smartphones (iPhone, Android, Blackberry and any web kit enabled mobile phones) and tablets, including iPad, Android, RIM and Windows touchscreen devices. Visit m.virgingames.com from your mobile device to get started.

• Virgin Games Bingo launched in May 2005, has climbed the UK bingo sites popularity ladder at breakneck speed. Virgin Bingo is about more than just 90, 80 or 75 ball games though, with hundreds of exciting slots, instant win, scratch cards and side games itching to be played.

• Hone your bluffing skills at Virgin Games Poker, part of the International Poker Network (IPN). Our Poker room launched in 2005 and is an exciting place to challenge peers and strangers alike on a wide range of online Poker games: Texas hold’em, Omaha, and many more.

Virgin Games provide a safe and sound online gaming environment, with security our top priority. We have achieved exemplary standards in player protection and social responsibility, and have been awarded the GamCare Certification for Remote Gambling.

* Media Man has an online b2b agreement with Virgin Games, as they do with a number of entertainment, gaming and business brands.

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Crown wants world's best hotel for Sydney

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Billionaire casino mogul James Packer says he will build the world's best hotel in Sydney if he gets approval to include a gambling facility for high rollers in the development.

Mr Packer, the executive chairman of casinos operator Crown Ltd, said on Thursday that Crown wanted to build a hotel at Barangaroo South that would attract millions of tourists to Sydney and create thousands of new jobs.

Barangaroo is a residential, office and parkland development currently under construction on Sydney Harbour.

Crown and Lend Lease, the developer of Barangaroo, have signed a two-year exclusive dealing arrangement for the hotel development, but building approvals are still required from the NSW government.

"Sydney deserves one of the world's great hotels on its magnificent harbour," Mr Packer said in a statement.

"My desire is for Crown to build the best hotel in the world at Barangaroo."

Mr Packer said Crown wanted to incorporate a "VIP-only" gambling facility into the hotel, which would require approval from the NSW government and gaming authorities.

He said a facility for high rollers was "necessary to provide the commercial underpinning for any development and for the operation of a world-class six-star hotel resort".

Acting NSW Premier Andrew Stoner appeared to welcome Mr Packer's plan to build a world-leading hotel at Barangaroo, but stopped short of commenting on plans for a gambling room.

"The creation of a hotel of this stature would deliver new jobs in construction, off-site manufacturing and the tourism industry, along with hundreds of millions of dollars for the state economy each year," he said.

Crown chief financial officer Ken Barton told AAP that Crown said detailed costing of the project would be developed in the next two years.

He said if Crown was to operate a gaming facility in Sydney it would require the NSW government to issue a new licence, or it would have to be done as part of the existing licence which is held by Echo Entertainment Group, the operator of The Star casino in Sydney.

"I guess that's part of the two-year program as well: working through a licensing scenario," Mr Barton said.

"If the NSW government were to issue another licence between now and November 2019, it would be exposed to a requirement to pay compensation to Echo."

Asked if Crown had engaged with the NSW government to sound out its attitude towards a second licence, Mr Barton said: "Not in any conclusive way."

Crown operates casinos in Melbourne and Perth and is pushing for a presence in Sydney, where it holds a stake of around 10 per cent in Echo.

Crown has applied to regulators in NSW and Queensland for permission to lift its stake in Echo to up to 25 per cent.

Crown has been upgrading its casinos in Melbourne and Perth in a move to entice more high-rolling VIP gamblers from Asia.

It is planning to spend $568 million building a new six-star hotel at its Burswood complex in Perth.

Shares in Crown closed eight cents lower at $8.39 on Thursday. (AAP)

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