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Crown Resorts sees lift in net profit

15 Aug 2014

AUSTRALIA -- Crown Resorts saw a leap in net profit up 66 percent, aided by the growth of its Macau operation, according to the Herald-Sun.

Australian gamblers, however, showed more restraint in their spending with VIP gambling revenue down 4.6 percent, the report said.

A new super-tax on high stakes gambling revenue meant less spend on marketing and incentives to attract high rollers to Australian properties, the Herald-Sun report said.
 
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