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Crown spent $600 million developing Crown Towers, which opened to much fanfare late last year. Photo:Attila Csaszar

Job cuts at Crown Perth

Crown Resorts has reportedly cut more than 200 jobs at its Crown Perth entertainment complex in the wake of a 38 per cent fall in high-roller revenue.

The company, the state’s eight biggest employer according to the BNiQ Search Engine, has not officially announced the number of jobs that will be cut, but confirmed that Crown Perth's staff had been downsized.

In response to enquiries by Business News, a spokesperson from Crown said difficult trading conditions over the past couple of months had resulted in a number of redundancies.

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Comments

Perth
billion or million?

If you are referring to the cost of the Crown Towers its million

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/04/17

1 year TSR5 year TSR
153rdNewcrest Mining76%-8%
268thBoral33%17%
329thCrown Resorts19%12%
464thAurizon-1%12%
707 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

25th↑Newcrest Mining$4,476.2m
26th-Boral$4,356.4m
27th-Crown Resorts$4,203.4m
29th↑Broadspectrum$3,796.7m
31st-Aurizon$3,458.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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