Beyond analysts' top -and-bottom-line estimates for Crown (CCK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Blackstone-owned Crown Resorts was found suitable to retain its Sydney casino's licence after nearly three years of intensive remediation, a gambling regulator said on Tuesday. The New South Wales state Independent Liquor and Gaming Authority (NICC), the state regulator which replaced the Independent Liquor and Gaming Authority (ILGA) and which currently oversees Crown's Sydney licence, said Crown Sydney has fundamentally reformed its business and has been building a culture of transparency and accountability. "The NICC is confident the Crown we deemed suitable today has a strong model to keep operating into the future," Chief Commissioner Philip Crawford said in a statement.
Crown (CCK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.