Crown buyout gets regulators' OK

Knightly, Arnold M.
February 2009
Las Vegas Business Press (10712186);2/2/2009, Vol. 26 Issue 5, pP15
The article announces that the state of Nevada approved the purchase of Cannery Casino Resorts by Crown Ltd. of Australia for $1.8 billion. The transaction however will not be final until the state of Pennsylvania, where Cannery owns a racino in Pittsburgh, clears Cannery to sell. Crown has already opened an office in Las Vegas, Nevada and formed an executive team composed of a chief executive officer and chief executive officer. Crown owns properties in Australia, Great Britain, British Columbia, Alberta and Macau.


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