Crown Sydney chief executive Simon McGrath has resigned and will leave the high-roller casino in September, with owner Blackstone likely to replace him with a new recruit from Macau.
The Australian Financial ReviewMr McGrath’s exit ends a whirlwind tenure for the former hotel boss.He left the CEO position at Accor Pacific in February this year to take the top job at Crown’s new Barangaroo tower, where he was key to rehabilitating the company in the eyes of the regulators and the public after it was declared unfit to run the casino due to a damaging NSW probe into Crown’s practices.
Crown Sydney only opened the first of its gaming floors in early August – 16 months after the tower finished construction – after the NSW Independent Liquor and Gaming Authority granted it a provisional licence to operate.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydney trains to be disrupted today as workers strikeSydney commuters are facing major train disruptions today, as workers strike for the second time this week. They are being told to allow extra time, with workers walking off the job at stations on the City Circle line between 10am and 4pm. The industrial action will go ahead despite the government offering to make $260 million worth of changes to the new intercity train fleet. The Rail, Tram, and Bus Union says it will need at least 48 hours to consider the offer, which was made late yesterday.
Read more »
The Sydney home owners slashing their price expectations to sellHouse price discounting in Sydney has reached its highest level in almost three years, as sellers in some pockets slash their price expectations by more than 10 per cent.
Read more »
Major delays expected across Sydney as train strikes hit the entire networkMajor delays are expected across inner city and suburban lines in Sydney as commuters face a second day of train strikes this week. 7NEWS
Read more »
Sydney train strikes to proceed todayTrain strikes will go ahead again in Sydney today despite the NSW government reaching an agreement with the rail union. The Perrottet government provided a deed to the union on Wednesday agreeing to its demands to modify the new Korean-built innercity train fleet. The government was hoping this would be a turning point in the dispute and that the union would show good faith and call off the train strikes. However, Rail, Tram and Bus Union Secretary Alex Claassens said it was too late as the union needs a 48-hour period of time to go through the approval process.
Read more »
Sydney property market predicted to boom again after winter slumpPrices have been falling sharply in recent months but new data suggests things might be looking up for spring. 9News
Read more »
Why are Sydney train workers still on strike and is an end in sight?Sydney commuters are facing more disrupted rail services as a result of an industrial dispute over new trains
Read more »