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11 October 2010

Crown Casino Management Restructure, by Greg Tingle - 11th October 2010

Australian and international punters, casino billionaires, entrepreneurs, journalists...politicians... G'day one and all. The world famous Australian Casino Wars continue, and in the latest turn of events both Crown Casino and its competitor see more management and staff shuffles, with just the slightest hint of in fighting. At the same time Crown is still tipped to suffer industrial strike action. Media Man and Gambling911 once again report from the front line of the Australian casino wars...

Crown Casino top brass - Operations Head David Courtney has been confirmed as loosing his position after a company restructure of management to help combat expenses.

The pride of James Packer owned Crown Limited issued a press statement this past Friday advising that Crown Casino would now be overseen by the current Crown Limited chief executive Rowen Craigie, who will now combine the two roles.

"The stand alone position of chief executive officer of Crown Melbourne, previously held by David Courtney, has now ceased to exist," the document said.

"The restructure is part of Crown's ongoing strategy to reduce overheads and confirms the group's focus on its Australian and Macau businesses."

It went on to say the new management structure was similar to that which existed in the gaming division of TV and print company, Publishing and Broadcasting Limited, prior to its demerger in December 2007. P&B was the pride and joy of the late, great, Kerry Packer, Australia's original "super whale" and king of the high rollers in Australia.

The company statement publicly thanked Courtney for his contribution in the role he has held since 2007.

Crown Limited said Courtney had taken a period of leave and was in discussions regarding his future with the company.

Courtney is understood to be well liked and respected at Crown as well as across the larger Australian gambling and gaming industry. Media Man and Gambling911 wish him continued success.

Competitor Star City Casino has adopted a number of American management team members now known around the traps as 'The Americans'. Read up more on the Aussie - Americans calling the shots at Star City in the Gambling911 Australian section.

Gambling911 - Australia

Keep checking for updates at Media Man, Casino News Media and Gambling911.

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Crown Casino

Wrap Up...

Readers... er, punters, how to you think management and staff changes will effect things at Crown Casino? Is Crown aiming for a takeover of Tabcorp's Star City Casino sooner, rather than later? Tell us in the forum.

If you have a bet, please bet with your head, not over it, and for God's sake, have fun.

Crown Limited Share Price: $8.490

*Greg Tingle is a special contributor for Gambling911

*Media Man is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.

*The writer owns shares in Crown Limited

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