Crown Resorts’ full-year profit has fallen 4.7 per cent to $368.6 million, with revenue from floor gaming down in Perth and reduced VIP revenue across Australia.
The Leederville-based business which owns the iconic Perth brand Java Juice has entered administration, with stores in Joondalup and Perth closing doors in recent weeks.
Perth’s hospitality woes have continued, after fish and chip chain Sweetlips entered liquidation and Raine Square tenant Tim Ho Wan closed its doors after less than a year.
Liam and Sarah Atkinson have made what some might say is a rebellious move, taking the plunge and setting up a restaurant in the underperforming Beaufort Street precinct.
The Australian Securities and Investments Commission has appointed Morgan Stanley to sell a stake of approximately 12.9 per cent in Yowie Group, which the regulator seized in April.
US company Civeo has acquired Kewdale-based Action Industrial Catering, which counts Fortescue Metals Group, Pilbara Minerals and Western Areas among its major clients.
While many Perth hospitality operators are closing their doors, a national group is building a solid portfolio of restaurants and bars across the city.
The Supreme Court of Western Australia has given a Nedlands sports club the green light to appeal its failed attempt at regaining a liquor licence, after its facilities where deemed not to constitute a sports arena.
Western Australia’s largest wine producer has increased its dominance of the sector in a year when many producers were affected by extreme weather events.