The Blackstone-owned operator will reduce staff at its flagship property.
Australia.- Crown Resorts has announced a new round of layoffs at its flagship Melbourne property, with around 200 jobs set to be cut. The move comes as the company continues to adapt to tighter regulation and a challenging economic environment.
According to The Sydney Morning Herald, the cuts will reduce Crown Melbourne’s 13,500-strong workforce in the state of Victoria. It cited company statements linking the decision to regulatory commitments and softer consumer spending.
The casino operator, owned by US private equity giant Blackstone, said the move was part of an operational review aimed at adapting to “challenging economic conditions” while maintaining long-term sustainability. “Impacting roles is never a decision taken lightly,” a Crown spokesperson said, emphasising that the company remains the largest single-site employer in the state.
Crown is operating under tighter regulations following investigations into historical compliance failures. In Victoria, authorities have already introduced mandatory carded play across electronic gaming machines, requiring players to use registered cards that allow them to set pre-defined loss limits and help prevent money laundering. The same requirement does not currently apply to machines at pubs and clubs, which Crown says creates an uneven competitive environment.
The Blackstone-owned operator will reduce staff at its flagship property. Australia.- Crown Resorts has announced a new round of layoffs at its flagship Melbourne property, with around 200 jobs set to be cut. The move comes as the company continues to adapt to tighter regulation and a challenging economic environment. According to The Sydney Morning…
