China Warned Crown, Others About Marketing to Gamblers Last Year
- China probes whether Crown lured Chinese gamblers to Australia
- Melbourne-based company declines to comment on any warning
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Chinese authorities warned Crown Resorts Ltd. last year to halt its efforts to attract high rollers from the mainland to gamble overseas, according to a person familiar with the government’s move to detain 18 of the Melbourne-based company’s employees.
China confirmed on Monday that staff members of Crown were being held in Shanghai for alleged gambling-related crimes, a development that sent the company’s shares plunging. Crown was among companies that received warnings after China arrested employees last summer at Korea casino operators Paradise Co. and Grand Korea Leisure Co., according to the person, who asked not to be identified because the probe is confidential.