High rollers are pulling the James Packer-backed Crown Resorts Ltd. and rival casino operator Star Entertainment Group out of their doldrums as they return to Australia to gamble.
Crown Resorts had felt the pinch of the VIP exodus after 19 of its employees, including Crown Resorts’ head of VIP operations, Jason O’Connor, were detained in China for “gambling crimes.” The Star was also hit by the VIP slump that plagued Crown Resorts.
But the good times are starting to roll again, according to The Australian report, as significant number of high rollers are returning not only in the integrated resorts of Crown in Australia but also inside the gambling halls of The Star.
Part of the reason for the VIP comeback is the resolution of Crown case in China. In August, O’connor was released from a Shanghai prison after serving a 10-month sentence for promoting gambling.