Crown casino group tells ASX it cannot explain 7.7% share fall

Company says it has no extra information about why its share price slumped after reports it is linked to organised crime

The casino group Crown Resorts has told the stock exchange it has no extra information to explain a 7.7% drop in its share price on Monday and Tuesday that was sparked by allegations of criminal links made by Nine and in parliament by the independent MP Andrew Wilkie.

On Tuesday the ASX asked Crown to respond to articles in Nine newspapers and on its flagship TV current affairs show 60 Minutes, and to tell the market if its earnings would be affected.

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from The Guardian https://ift.tt/2K6YxGC
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