Competition watchdog to hold public inquiry into Crown merger with Star casino group

Exclusive: ACCC chairman Rod Sims says he will look at the impacts on competition if gambling companies are allowed to merge

The competition regulator will hold a a public review of a proposal to merge Australia’s two biggest casino groups after the Star Entertainment group announced a bid for its rival Crown Resorts, controlled byJames Packer.

The Australian Competition and Consumer Commission (ACCC) chairman, Rod Sims, said he would conduct a public review of the merger proposal, which would result in a casino giant with operations in Sydney, Melbourne, Brisbane, Perth and the Gold Coast.

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from The Guardian https://ift.tt/2Q4aRNr
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