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Crown royal commission UPDATES: Helen Coonan fronts Crown royal commission

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Crown chairman Helen Coonan is giving evidence to the royal commission from 9.45am.
Shares in Crown have plummeted 13.6 per cent to $11.36 since the Victorian royal commission hearings started on May 17
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And thatâs a wrap. Thanks for following the Crown royal commission with us today.
Tomorrow is the last day of hearings before Commissioner Ray Finkelstein turns his attention to writing his final report, and we will be hearing from two expert witnesses.
First up we have McGrathNicol partner Robyn McKern, who led a forensic review of Crownâs approach to money laundering risks, and into indications of money laundering on Crownâs accounts, for the commission. ....

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Crown director Andrew Demetriou resigns following damning Bergin report

Crown Resorts director Andrew Demetriou has succumbed to growing pressure and announced his resignation after the gaming giant was found not suitable to hold a gaming licence.
However, Crown remains adamant that CEO Ken Barton has not resigned despite media reports claiming he will announce his resignation today.
Mr Demetriou joins fellow directors Guy Jalland and Michael Johnston in quitting amid the Bergin report s bombshell allegations the company was involved in money laundering and had links to organised crime.
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Crown Resorts director Andrew Demetriou speaks during his inquiry hearing in December last year.(Supplied)
Crown and Mr Barton are continuing to consider his position having regard to the recommendations and findings of the Commissioner s report, Crown Resorts said in a statement. ....

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Crown Resorts CEO Ken Barton and two directors under pressure to resign

First published on Thu 11 Feb 2021 02.37 EST
The chief executive of Crown Resorts, Ken Barton, and a non-executive director of the casino group, Andrew Demetriou, have reportedly resigned following pressure from gambling regulators in New South Wales and Victoria.
A third director, Harold Mitchell, is believed to be planning to resign after the Victorian Commission for Gambling and Liquor Regulation (VCGLR) asked him to explain why he was suitable to remain on the board.
The Australian newspaper reported on Thursday night that Barton had offered his resignation and Demetriou had quit.
“I have always been a team player and supported the greater good,” Demetriou said in a statement according to the Australian. “I will therefore step down from the Crown Resorts board to give Crown the best possible chance of becoming suitable to the NSW regulator.” ....

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Crown CEO Ken Barton bows to pressure and agrees to resign

Crown CEO Ken Barton bows to pressure and agrees to resign
ThuThursday 11
updated
ThuThursday 11
Crown s CEO Ken Barton will resign after pressure from gaming regulators.
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Crown chief executive Ken Barton appears likely to step down in the coming days after bowing to increasing pressure from gaming authorities, following a damning report into the Australian casino giant.
Key points:
Mr Barton is understood to have indicated he intends to resign shortly following a report highly critical of his role
Two Crown board members resigned on Wednesday amid pressure from gambling regulators
Mr Barton met on Thursday with Crown chair Helen Coonan when he offered his resignation, the ABC understands ....

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Under-fire Crown Resorts CEO set to resign

Under-fire Crown Resorts CEO set to resign
Crown Resorts CEO Ken Barton is understood to have agreed to resign following a meeting with chair Helen Coonan on Thursday.
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by Damon Kitney, Lachlan Moffet Gray
11th Feb 2021 6:38 PM
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Under-fire Crown Resorts CEO Ken Barton is understood to have agreed to resign his role following a meeting with chair Helen Coonan on Thursday, amid criticism from the NSW and Victorian gaming regulators over his suitability in light of findings against him in the Bergin report on the James Packer-backed company.
But The Australian understands that similarly embattled Crown director Andrew Demetriou is clinging on to his position, despite his suitability also being called into question by the regulators and the Bergin report. ....

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