VIP gamblers leave Crown Resorts, as revenue slumps over 10 per cent

Updated February 23, 2017 13:24:00

James Packer's Crown Resorts has announced a big financial hit today. The gambling and resorts company's profit has fallen around 9 per cent to $191 million. This is the first financial result since 18 Crown employees were detained in China over allegations of illegal gambling.

Source: The World Today | Duration: 2min 14sec

Topics: gambling, business-economics-and-finance, community-and-society, australia, china

Transcript

James Packer's Crown Resorts has taken a big financial hit.

The gambling and resorts company's profit has fallen around nine per cent to $191 million.

It's the first financial result since eight Crown employees were detained in China over allegations of illegal gambling.

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David Taylor