Australian VIP Revenue 'Stable' Amid Crown Drama, But Probity May Blow Out

Negative media coverage of Crown Resorts’ ties to Asian junkets may not affect VIP revenue heavily but could extend probity delays for foreign investors, a gaming equity analyst has said.

Sydney-based J.P.Morgan analyst Don Carducci said that exposure of links between Crown Resorts and other Australian casinos and triad-linked junket operators in Macau are unlikely to corrode Australia’s now “stable” level of VIP volume.

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