Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.
ANALYSIS: The royal commission had very few surprises, other than its failure to draw clear conclusions on some of the key issues or the top people who ran the casino.
Neville Owen's ties to Kerry Stokes have created more complications for the Crown casino inquiry after Business News unearthed details of a joint venture with Tim Roberts.
Former Crown Resorts boss John Alexander has been quizzed about his relationship with the company's largest shareholder during today's Perth Casino Royal Commission.
John Alexander will today become the third witness at the Crown casino inquiry with links to Kerry Stokes, who has close personal and business ties to royal commissioner Neville Owen.
Premier Mark McGowan has continued to defend Neville Owen, despite revelations about multiple links between the royal commissioner, Kerry Stokes and the Crown casino inquiry.
ANALYSIS: The relationship between commissioner Neville Owen and Kerry Stokes has unexpectedly become the big news to emerge from the Perth Casino Royal Commission.
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.
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.
Crown Perth posted a slight increase in normalised earnings for the 2018 financial year, helped by added revenue from Crown Towers, while its parent company reported a full-year profit of $558.9 million.
Casinos operator Crown Resorts will not reveal its plans for lifting its ailing VIP high-roller business, after reporting a 15.5 per cent fall in normalised net profit for the 2017 financial year.
