Australia's Crown buys Cannery Casinos

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Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	Australia's Crown buys Cannery Casinos 12 Dec 2007 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> MELBOURNE, Australia -- As reported by the Associated Press: "Australia's largest casino company, Crown Ltd., said Wednesday it has agreed to buy privately held Cannery Casino Resorts LLC for $1.75 billion, expanding its business in Las Vegas. "Cannery Casino operates three Las Vegas casinos, including the Cannery Hotel & Casino and the Nevada Palace Casino, and the Meadows Racetrack & Casino in Pittsburgh. "Earlier this month, Crown split from James Packer's Publishing & Broadcasting Ltd. after investors endorsed a plan to split PBL's gambling assets and media businesses into two separately listed companies..."

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