Crazy Time: Crown Casino Perth: Crown Casino Perth, officially known as Crown Perth, is one of Australia’s most iconic entertainment and hospitality complexes. Situated alongside the Swan River, just minutes from the Perth CBD, the resort features a casino, luxury hotels, fine dining, spas, and theaters. It plays a pivotal role in Western Australia’s tourism and gaming industry.
Ownership Structure
Crown Casino Perth: Crown Perth is owned by Crown Resorts Limited, a major Australian entertainment company with assets in Melbourne and Perth. However, the ownership landscape of Crown Resorts has significantly changed over recent years, culminating in a landmark acquisition in 2022.
Table 1: Ownership Timeline of Crown Perth
| Year | Event | Description |
|---|---|---|
| 1985 | Opening | Originally opened as Burswood Island Casino. |
| 2004 | Name Change | Rebranded to Burswood Entertainment Complex. |
| 2007 | Crown Acquires Full Control | Crown Limited (then owned by James Packer) takes majority control. |
| 2011 | Rebranded as Crown Perth | Unified under the “Crown” brand, aligning with Crown Melbourne. |
| 2022 | Blackstone Acquisition | U.S.-based private equity giant Blackstone Inc. acquires Crown Resorts. |
Crown Casino Perth: As of 2025, Crown Perth is owned by The Blackstone Group Inc., one of the world’s largest alternative investment firms. This acquisition made Blackstone the first foreign owner of one of Australia’s major casino resorts.
Blackstone’s Acquisition
Crown Casino Perth: The acquisition of Crown Resorts by Blackstone in 2022 was valued at AUD $8.9 billion. The deal came at a critical time, following extensive regulatory investigations into Crown’s operations in Melbourne and Sydney over issues such as anti-money laundering compliance and corporate governance.
Key Facts About Blackstone’s Crown Deal
| Aspect | Detail |
|---|---|
| Buyer | Blackstone Group Inc. |
| Deal Value | AUD $8.9 billion |
| Date Completed | June 2022 |
| Previous Major Shareholder | Consolidated Press Holdings (James Packer) |
| Impact | Delisting from ASX; transition to private ownership |
Governance and Operations Under Blackstone
Crown Casino Perth: Under Blackstone’s ownership, Crown Perth has undergone significant governance and operational reforms aimed at restoring public trust and compliance with Australia’s strict gambling regulations.
Governance Changes
- Appointment of a new board with independent directors.
- Stronger compliance frameworks for financial transactions.
- Introduction of Responsible Gaming Officers within the casino floor.
Operational Focus Areas
| Focus Area | Description |
|---|---|
| Compliance | Enhanced anti-money laundering procedures. |
| Staff Training | Regular ethics and compliance training programs. |
| Guest Experience | Investments in digital tech and luxury refurbishments. |
| Community Engagement | Expanded support for WA cultural and sports events. |
Economic and Social Impact
Crown Casino Perth: Crown Perth is one of the largest private employers in Western Australia, contributing significantly to the local economy through employment, tourism, and taxes.
Table 2: Economic Impact of Crown Perth
| Indicator | 2024 Estimate |
|---|---|
| Direct Employment | 5,200+ jobs |
| Annual Visitors | Over 9 million |
| Tax Contribution | AUD $320 million+ |
| Tourism Revenue | AUD $1.1 billion (approx.) |
Crown Casino Perth: Beyond the financials, Crown Perth also contributes to the community via partnerships with local charities, sponsorships of sports teams (including cricket and football), and hosting major entertainment events.
Facilities and Offerings
Crown Casino Perth: Crown Perth comprises several integrated facilities:
- Casino: Hundreds of electronic gaming machines and table games.
- Hotels: Crown Towers (ultra-luxury), Crown Metropol, and Crown Promenade.
- Dining: Award-winning restaurants including Nobu, Rockpool Bar & Grill.
- Entertainment: Crown Theatre, convention centers, nightclubs, and spas.
Table 3: Crown Perth’s Key Assets
| Asset | Description |
|---|---|
| Crown Towers | 5-star hotel with 500+ rooms and luxury suites. |
| Crown Casino | The only licensed casino in WA. |
| Crown Theatre | Hosts international musicals, concerts, and events. |
| Restaurants | 30+ venues ranging from casual to fine dining. |
Regulatory Landscape
The Western Australian Government regulates Crown Perth under the Casino Control Act 1984, with oversight from the Gaming and Wagering Commission of WA. In the wake of regulatory scrutiny in other states, Crown Perth has proactively enhanced its governance standards to avoid similar controversies.
Future Outlook
- Sustainable tourism development.
- Expansion of digital gaming interfaces.
- Further integration of luxury and lifestyle services.
- Continued partnership with the WA Government and communities.
Conclusion
Crown Casino Perth remains a landmark not just in Western Australia, but in Australia’s broader tourism and gaming ecosystem. With the transition to Blackstone ownership, the casino has entered a new era of enhanced compliance, premium offerings, and global strategic oversight. The future of Crown Perth lies in maintaining its legacy while evolving to meet the modern standards of governance and guest experience.
