International edition
June 17, 2021

It also recommended licensing approval for the us$ 700 million M Resort

Nevada regulators approve casino deal involving Australian company

(US / Australia).- A bid by Melbourne, Australia-based Crown Ltd. to buy Cannery Casino Resorts for us$ 1.8 billion in an all-cash transaction was endorsed by the Nevada Gaming Control Board.

T

he recommendation now goes to its parent state Gaming Commission, which will consider the deal at a January 22 meeting in Las Vegas.

Crown owns and operates properties in Australia, Britain, Canada and Macau. Cannery Casino Resorts will be held as a subsidiary of Crown Ltd., which is publicly traded on the Australian Securities Exchange.

Cannery Casino Resorts’s southern Nevada properties include the Cannery and Eastside Cannery. The company also operates the Rampart Casino at the JW Marriott at Summerlin.

In other action, the Control Board recommended licensing approval for the us$ 700 million M Resort, scheduled to open March 1 in Henderson. Construction of a 1-million-square-foot retail center to be attached to the M Resort has been postponed.

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