Crown Limited is one of Australia's largest gaming

Gambling

Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...

 and entertainment groups. At June 2010, Crown Limited had a market capitalisation of just over A$6 billion and accounted for 27.53% of the S&P/ASX 200 Hotels Restaurants & Leisure Industry Group.

Crown Limited was established in 2007 when Publishing and Broadcasting Limited

Publishing and Broadcasting Limited

Publishing and Broadcasting Limited was one of Australia's largest companies, with interests primarily in media and gaming. The company demerged in late 2007, spinning out its gaming interests into Crown Limited...

 (PBL) divested its gaming assets to Crown Limited. PBL was renamed to Consolidated Media Holdings

Consolidated Media Holdings

Consolidated Media Holdings is an Australia investment company focused on subscription television.-About CMH:Consolidated Media Holdings is a publicly listed Australian company...

, retaining all of the remaining assets.

The group’s core businesses and investments are in the gaming and entertainment sector. Crown wholly owns and operates two of Australia’s leading gaming and entertainment complexes, Crown Entertainment Complex in Melbourne and Burswood Entertainment Complex in Perth.

Holdings

• Crown Entertainment Complex
• Burswood Entertainment Complex
  Burswood Entertainment Complex
  The Burswood Entertainment Complex is located on the Swan River near the city of Perth, Western Australia, and is owned by Crown Limited. The complex includes a 24-hour casino, seven restaurants, eight bars, a nightclub, two international hotels , a Convention Centre, Theatre and the Burswood Dome...
  
  
• Aspinalls United Kingdom casinos (50%)
• Betfair
  Betfair
  Betfair is the world's largest Internet betting exchange. The company is based in Hammersmith in West London, England. Since Betfair was launched in June 2000 it has become the largest online betting company in the UK and the largest betting exchange in the world. Betfair claim to have over 3...
  
   Australasia Pty Ltd: an online betting exchange
  Betting exchange
  A betting exchange is an entity which provides "trading" facilities for retail or bookmaker customers to buy and sell contracts. Contracts are structured as binary options. Some betting exchanges may also offer CFD products...
  
   (50%)
• Gateway Casinos: casino operator in western Canada (50%)
• Fontainebleau Equity Holdings LLC: which owns Fontainebleau Resorts
  Fontainebleau Resorts
  Fontainebleau Resorts, LLC, is a resort-hotel company started by South Florida real estate developers Turnberry Associates and the Plant family in 2005 after their purchase of the famous Fontainebleau Hotel in Miami Beach, Florida. The two families have a 50% stake in the company each...
  
  , the developer of casinos and resort properties (19.6%)
• Melco Crown Entertainment (Macau) Limited: a joint venture developing casino/hotel properties on the Cotai Strip
  Cotai Strip
  The Cotai Strip is the casino and tourism project in the Cotai District, Macau, inspired by the Las Vegas Strip in Nevada, USA, on a considerably smaller scale....
  
   in Macau
  Macau
  Macau , also spelled Macao , is, along with Hong Kong, one of the two special administrative regions of the People's Republic of China...
  
   (34%)

Crown holds a preferred instrument in Cannery Casino Resorts

Cannery Casino Resorts

Cannery Casino Resorts, a North Las Vegas gaming company, is owned by Millennium Gaming and Oaktree Capital Management.- History :William Wortman and Renate Schiff who owned the Nevada Palace announced on September 8, 2006 they would convert the Nevada Palace casino into a newly constructed...

and is seeking regulatory approval in the US to have the preferred instrument converted to an equity interest representing 24.5% of the outstanding equity of Cannery Casino Resorts.