{"id":41,"date":"2024-06-12T03:57:31","date_gmt":"2024-06-12T00:57:31","guid":{"rendered":"https:\/\/luckylegendsnodepositbonuscodes2024.icu\/2024\/06\/12\/blackstone-acquires-crown-resorts-in-landmark-deal\/"},"modified":"2024-06-13T12:15:54","modified_gmt":"2024-06-13T09:15:54","slug":"blackstone-acquires-crown-resorts-in-landmark-deal","status":"publish","type":"post","link":"https:\/\/luckylegendsnodepositbonuscodes2024.icu\/2024\/06\/12\/blackstone-acquires-crown-resorts-in-landmark-deal\/","title":{"rendered":"Blackstone Acquires Crown Resorts in Landmark Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/C519d6Jik14\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>## Investment Powerhouse Acquires Crown Resorts Portfolio<\/p>\n<p>The colossal investment firm, Blackstone, has finalized its purchase of Crown Resorts, adding a prestigious collection of properties to its already impressive global hospitality holdings. <\/p>\n<p>The agreement encompasses Crown&#8217;s renowned locations in Melbourne, Perth, and Sydney \u2013 opulent destinations long associated with high-roller gaming and leisure activities. This strategic move signifies a substantial investment by Blackstone in the Asia-Pacific zone, underscoring the company&#8217;s belief in the region&#8217;s enduring growth prospects.<\/p>\n<p>&#8220;Crown Resorts represents an iconic asset portfolio, and we are delighted to integrate them into the Blackstone family,&#8221; remarked Alan Miyasaki, Blackstone&#8217;s Head of Real Estate Acquisitions in Asia. &#8220;We perceive immense potential within Crown and are dedicated to collaborating with their skilled team to realize its full capacity as a top-tier destination for both local and international guests.&#8221;<\/p>\n<p>Blackstone&#8217;s arrival coincides with a critical juncture for Crown, which has been navigating a phase of regulatory examination and operational hurdles.  Blackstone has stressed its dedication to close cooperation with Crown&#8217;s management and workforce to elevate the company&#8217;s practices to the highest benchmarks of ethical governance and probity.<\/p>\n<p>&#8220;This ushers in the commencement of a thrilling new era for Crown,&#8221; stated Steve McCann, Chief Executive Officer of Crown Resorts. &#8220;Blackstone&#8217;s proficiency and knowledge within the hospitality sector will be indispensable as we persist in developing our business and providing exceptional encounters for our patrons.&#8221; <\/p>\n<p>Crown Resorts has recently experienced a significant overhaul, and we are certain that with Blackstone at the helm, we can reach our objective of providing a top-tier entertainment experience and a secure and ethical gaming atmosphere. <\/p>\n<p>The Australian tourism sector is rebounding, and we anticipate this upward trend to persist. Over the last 28 years, Crown has cultivated a dedicated clientele due to its remarkable establishments, and we are eager to begin anew in Melbourne and Perth, and commemorate the inclusion of Sydney, as we capitalize on the prospects that await. <\/p>\n<p>With Blackstone&#8217;s financial backing and proficiency, we are assured that Crown will cement its position on the world stage as a premier proprietor and manager of integrated resorts. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>## Investment Powerhouse Acquires Crown Resorts Portfolio The colossal investment firm, Blackstone, has finalized its purchase of Crown Resorts, adding a prestigious collection of properties to its already impressive global hospitality holdings. The agreement encompasses Crown&#8217;s renowned locations in Melbourne, Perth, and Sydney \u2013 opulent destinations long associated with high-roller gaming and leisure activities. This [&hellip;]<\/p>\n","protected":false},"author":98,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blackstone Conquers Crown: Investment Giant Snags Luxury Resorts<\/title>\n<meta name=\"description\" content=\"Mega-firm Blackstone adds another jewel to its crown with the acquisition of Crown Resorts. 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