February 9, 2021
In Australia and the official inquiry looking into the license suitability of casino operator Crown Resorts Limited has reportedly returned with a damning verdict that could well see the firm forced into making sweeping changes to its leadership and the way it is run.
According to a report from The Guardian newspaper, the New South Wales Independent Liquor and Gaming Authority investigation was conducted by former New South Wales Supreme Court Judge Patricia Bergin and found that the Melbourne-headquartered company was currently not fit to hold a gambling license for its Crown Sydney development. This $1.5 billion venue purportedly opened in the harborside Barangaroo district of Australia’s largest city late last year although missing a VIP-facing casino that was due to feature a selection of almost 500 gaming tables.
American operator has reportedly decided not to take part in the latest RFP stage of the city’s plan to bag one of Japan’s coming trio of casino licences.
Reazul Bashar and Farhan Fardaus,
bdnews24.com
Published: 25 Dec 2020 12:50 AM BdST
Updated: 25 Dec 2020 09:08 AM BdST The corporate office of Best Holdings Le Méridien Dhaka RACE Portfolio and Issue Management of Chowdhury Nafeez Sarafat has worked as one of the issue managers of Best Holdings Controversial businessman Giasuddin Al Mamun Best Holdings’ Chairman Amin Ahmad wanted to contest in elections with the BNP’s ticket Le Méridien Dhaka
The value of the land and the building of Le Méridien Dhaka in Nikunja doubled in a single revaluation in 2019 and the total value of assets of Best Holdings, which owns the 5-star hotel, jumped 126 percent in rounds of reassessments.
December 14, 2020
Almost a month after being ordered to delay the grand opening of its Crown Sydney development and Australian casino operator Crown Resorts Limited is now reportedly facing a class-action lawsuit from a group of disgruntled shareholders.
According to a report from Inside Asian Gaming citing an earlier story from The Sydney Morning Herald newspaper, the unhappy investors filed the legal action with the Victoria Supreme Court on Friday amid claims that the value of their associated holdings had been significantly depressed as a direct result of bungling by the casino company’s senior management. The source moreover detailed that the complaint being managed by local law firm Maurice Blackburn Lawyers is purportedly seeking an order that would oblige Crown Resorts Limited to compensate the plaintiffs via a share buy-back initiative.
December 11, 2020
Former workers at the Savannah Hotel should soon be paid their severance, Prime Minister Mia Mottley revealed Thursday.
She said while there were some “complications” at the hotel, she expected the severed workers to be paid by owner Bernie Weatherhead.
Just last week, the famed South Coast hotel’s ex-employees joined forces with fellow severed employees of Accra Beach Hotel and Spa and Hilton Barbados Resort to protest thousands of unpaid to them.
She told journalists at Ilaro Court: “We are working and I believe those at Savannah and the Ministry of Tourism have been meeting and I hope that Mr Weatherhead speaks to the country if he has not already done so today, but he needs to speak to the country and to the workers and to contextualize his position.