• Crown bets on Vegas

Australian casino operator Crown Resorts is planning to expand in the USA with a Las Vegas purchase. It will bid up to USD2bn for the city’s Cosmopolitan hotel and entertainment complex, reports Reuters.

Crown is bidding to launch a casino in Brisbane, and building projects in Sri Lanka and the Philippines. The Cosmopolitan is being sold by Deutsche Bank, which holds it after a loan default by the previous owner.
Read the full story here:
http://www.reuters.com/article/2014/04/21/us-australia-crown-resorts-cosmopolitan-idUSBREA3K1DB20140421

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