Crown’s VIP Sales Swoon Amid Global Challenges

Australia’s Crown Resorts Ltd. last week said VIP revenues at its resorts Down Under plummeted 46 percent between July and October 20 due to declining tourism numbers as Chinese gamblers curtailed their visitation. High rollers from mainland China account for much of the operator’s VIP sales at the flagship Melbourne casino (l.).

Crown’s VIP Sales Swoon Amid Global Challenges

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