John Poynton has resigned as a director of Crown Resorts and chairman of Crown Perth, leaving the group bereft of experienced directors or executives in Perth.
Crown Resorts has promised "root and branch' changes to satisfy NSW regulators threatening to deny it a Sydney gaming licence, ahead of the April expiry of the venue's liquor licence.
Crown Resorts has announced three changes to its board after yesterday's damning NSW report, with two directors resigning and Perth-based director John Poynton severing his ties with major shareholder James Packer.
Crown Resorts has apologised to shareholders for governance and risk management failures unearthed by a NSW inquiry, while an investor revolt prompted a director to resign.
