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Crown walks after a few bad hands

Source: The Age
Perth : Australia | 10 months ago  
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Crown has abandoned its strategy of buying minority stakes in overseas developments in the aftermath of writing $226 million off the value of three US ventures. The company insisted it would only make new investments if it was in the "driver's seat" at its annual results briefing, its first since it demerged from Publishing and Broadcasting Ltd late last year.

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