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Australia's Crown Resorts shares slide after fall in Chinese spending
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Happy Chinese New Year! We’re loving our 2.8 m Maple Tree, beautifully and artistically customised by Shane McCormack from ImaginateThe 2.8 m Avatree sits in the main foyer of Crown Casino, and has been decorated with lucky money envelopes and gold embellishments to symbolise good fortune. Crown casinos hit by China corruption crackdown - BBC… A crackdown on corruption in China has prompted Australian casino operator Crown Resorts to spin off its international assets into aIts gaming revenues have been hurt by a slowdown in Chinese spending.Crown was founded by James Packer, who stepped down as a director last December.