Casino News
The group Crown Limited awaits a regulation from the British market
Friday, December 2, 2011
The land-based casino group Crown Limited would like to open a game complex in the UK starting next month, but for that it must await a regulation from the British market. Desiring to grow, Crown Limited is exploring different alternatives and so also intends to launch an online casino site in the coming months.
Crown Limited soon to be in the United Kingdom?
“The parent company of Crown Casino, Crown Limited, recently completed the acquisition of the famous private club Aspinall’s in May 2011. The company also owns a 50% stake in the Aspers Group, which is present through three prestigious establishments in the UK”.
The predominant casino operator in the Southern Hemisphere is now being talked about in the United Kingdom. Indeed, the name of the Crown Limited brand was mentioned in the UK Trade Marks Journal of August 12, 2011, which signified that the company could be operating on British soil as of the month of November. The UK Intellectual Property Office, moreover, has listed the Crown Limited brand in three specific commercial domains: gambling and casino services (including the provision of services on several global computer networks), sponsorship of entertainment services (the sign of wanting to organize card game tournaments) and hotels (the principal objective of Crown Limited being to open a hotel complex).
The parent company of Crown Casino, Crown Limited, recently completed the acquisition of the famous private club Aspinall’s in May 2011. The company also owns a 50% stake in the Aspers Group, which is present through three prestigious establishments in the UK, and which should be constructing a fourth building in the Westfield Stratford region at the end of year 2011. With so many projects, Crown Limited consequently desires to ensure its growth and to enhance its reputation in Europe.
Present in the entire gambling market
Crown Limited enjoys a superb reputation with several casinos scattered around the world.
With casino games and online poker games not yet being regulated in Australia due to a ban proclaimed following enactment of the Interactive Gambling Act of 2001, Crown Limited has turned toward sports betting, the company holding 50% of the shares of Betfair Australasia JV, even though a tax increase on legal products has resulted in a loss of 2.5 million dollars in net profit for the company since June 30, 2011.
The white logo on blue background is also present in the American market and is one of the principal investors in the Cannery Casino Resorts Group, with 24.5% of the company’s shares. Crown Limited can thus support business activities in Nevada and Pennsylvania in order to increase its revenues.
