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The New Daily
The New Daily
Business
Rod Myer

EXPLAINED: Crown could escape scrutiny with blackstone takeover | Vintage Vibes

Crown Blackstone Stephen Mayne Crown Resorts Australia Charles Livingstone United States
Crown Resorts has accepted an $8.9 billion takeover offer from Blackstone. Photo: TND

US private equity group Blackstone is on the brink of buying the troubled Crown Resorts after the casino group accepted an $8.9 billion bid from the $2 trillion giant.

But such a move could radically reduce scrutiny of the gambling group.

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