Australian casino operator Crown Resorts Ltd on Monday said it expects to pay interest of AUD1.91 (US$1.72) per Crown subordinated note at the next interest payment date, which falls on December 15.
The payment will cover the period from and including September 15, 2014, up to but excluding December 15, 2014.
The interest rate on the notes is 7.6467 percent per annum, the company said in a filing to the Australian Securities Exchange.
Crown Resorts said on Friday in a separate filing to the Australian stock exchange that it had had a 33.6 percent equity interest in Macau casino developer and operator Melco Crown Entertainment Ltd as of June 30.
Crown Resorts added then that its share of a Melco Crown dividend announced for the quarter ending June 30 would be US$14.5 million.
Jul 19, 2018Japan’s second piece of enabling legislation for establishing a domestic casino industry, the Integrated Resorts (IR) Implementation Bill, passed on Thursday its penultimate hurdle according to...
Jul 19, 2018
"If the [Macau casino] concessions are put up for bid, there will also be a lot of giant Chinese companies, some having nothing to do with gaming, which would like to take over these enormously successful casinos”
Professor emeritus at Whittier Law School in California, in the United States, and a visiting professor at University of Macau